Interpretation of ScheduleU.K.
8(1)For the purposes of this Schedule two or more bodies are under the same control if—
(a)one of them controls each of the others;
(b)one person (whether a body corporate or an individual) controls all of them; or
(c)two or more individuals carrying on a business in partnership control all of them.
(2)For the purposes of this Schedule a body corporate shall be taken to control another body corporate if, and only if—
(a)it is empowered by statute to control that body’s activities; or
(b)it is that body’s holding company within the meaning of section [F11159 of and Schedule 6 to] the Companies Act [F12006] ([F2c. 46]).
(3)For the purposes of this Schedule an individual or individuals shall be taken to control a body corporate if, and only if (were he or they a company) he or they would be that body’s holding company within the meaning of [F3those provisions].
(4)In this Schedule “the specified time”, in relation to an application made under paragraph 2(1) or (2) or 3(1) above, means the beginning of such accounting period as may be specified in the application.
Textual Amendments
F1Words in Sch. 9 para. 8(2)(b) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments) (Taxes and National Insurance) Order 2009 (S.I. 2009/1890), arts. 1(1), 4(1)(e)
F2Word in Sch. 9 para. 8(2)(b) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments) (Taxes and National Insurance) Order 2009 (S.I. 2009/1890), arts. 1(1), 4(1)(e)
F3Words in Sch. 9 para. 8(3) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments) (Taxes and National Insurance) Order 2009 (S.I. 2009/1890), arts. 1(1), 4(2)