259 Other definitions
Finance (No 2) Act 2023 (2023 c 30) | Legislation

259  Other definitions

(1)     In this Part—

“company” means a body corporate;

[“deemed distribution” has the meaning given by section 215(4)(c);]

“for accounting purposes” means for the purposes of accounts drawn up in accordance with acceptable accounting standards;

“held for sale” has the meaning given by international accounting standards;

“HMRC” means His Majesty's Revenue and Customs;

“international financial reporting standards” or “international accounting standards” means those standards as issued or adopted, from time to time, by the International Accounting Standards Board;

“OECD tax model” means the Model

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