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95(1)For the purposes of this Schedule a person (“P”) is a “related party” in relation to a company (“C”) in the following cases:
Case One
P is a company and either—
P has control of, or holds a major interest in, C, or
C has control of, or holds a major interest in, P.
Case Two
P is a company and P and C are both under the control of the same person (but see sub-paragraph (2)).
Case Three
C is a close company and P is—
a participator in C, or
an associate of a participator in C.
(2)Case Two does not apply if the person controlling both P and C is—
the Crown,
a Minister of the Crown or a government department,
the Scottish Ministers,
the National Assembly for Wales,
a Minister within the meaning of the Northern Ireland Act 1998 (c. 47) or a Northern Ireland department,
a foreign sovereign power, or
an international organisation.
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