[608U Meaning of “51% investment” and “25% investment”]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[608U  Meaning of “51% investment” and “25% investment”]

[(1)     A person (P) has a 51% investment in another person (C) if any of the following apply—

(a)     P possesses or is entitled to acquire more than half of the voting power in C;

(b)     in the event of a disposal of the whole of the equity

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