[465 Attribution of rights and interests]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[465  Attribution of rights and interests]

[(1)     In determining for the purposes of section 464 the investment that a person (“P”) has in another person, P is to be taken to have all of the rights and interests of—

(a)     any person connected with P,

(b)     any person who is a member of a partnership, or is connected with a person who is member of a partnership, of which P is a member, or

(c)     any person who is a member of a partnership, or is connected with a person who is a member of a partnership, of which a person connected with P is a member.

(2)     For the purposes of subsection (1)—

(a)     section 1122 of CTA 2010 (“connected” persons) applies but as if subsections (7) and (8) of that section were omitted, but

(b)     a person is not to be regarded as connected with another person merely as a result of

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