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PART 8INTERPRETATION AND FINAL PROVISIONS

Interpretation

74References to connected persons

(1)Section 1122 of the Corporation Tax Act 2010 (c. 4) (connected persons) applies for the purposes of any reference in this Act to a person being connected with another person.

(2)But see the particular provision made in the following provisions—

(a)section 23(3)(b) (exceptions to deemed market value rule in transactions with connected companies);

(b)paragraphs 16(2)(b) and 24(2)(b) of Schedule 7 (partnership transactions: determining the corresponding partners);

(c)paragraph 51 of that Schedule (partnerships: application of section 1122 of the Corporation Tax Act 2010 (c. 4) to Schedule 7 generally);

(d)paragraph 5(5) of Schedule 16 (group relief: joint venture companies);

(e)paragraph 6(3) of that Schedule (group relief: mortgage arrangements).