[371RB Legal and economic control]
Taxation (International and Other Provisions) Act 2010 (2010 c 8) | Legislation

[371RB  Legal and economic control]

[(1)     A person (“P”) “controls” a company (“C”) if—

(a)     by means of the holding of shares or the possession of voting power in or in relation to C or any other company, or

(b)     by virtue of any powers conferred by the articles of association or other document regulating C or any other company,

P has the power to secure that the affairs of C are conducted in accordance with P's wishes.

(2)     A person (“P”) “controls” a company (“C”) if it is reasonable to suppose that P would—

(a)     if the whole of C's share capital were disposed of, receive (directly

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