148 The “participation condition”
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

148  The “participation condition”

(1)     For the purposes of section 147(1)(b), the participation condition is met if—

(a)     condition A is met in relation to the actual provision so far as the actual provision is provision relating to financing arrangements, and

(b)     condition B is met in relation to the actual provision so far as the actual provision is not provision

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