244 Calculating percentage ownership interests of a class
Finance (No 2) Act 2023 (2023 c 30) | Legislation

244  Calculating percentage ownership interests of a class

(1)     For the purpose of determining the percentage of ownership interests in an entity (“A”) held by a class of entities (“B”)—

(a)     ignore any indirect ownership interest required to be ignored as described in subsection (2), and

(b)     reduce any percentage

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