[463 Whether a person is generally a “related party” of another]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[463  Whether a person is generally a “related party” of another]

[(1)     For the purposes of this Part a person (“A”) is a “related party” of another person (“B”)—

(a)     throughout any period for which A and B are consolidated for accounting purposes,

(b)     on any day on which the participation condition is met in relation to them, or

(c)     on any day on which the 25% investment condition is met in relation to them.

(2)     A and B are consolidated for accounting purposes for a period if—

(a)     their financial results for a period are required

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