Corporation Tax Act 2009

836“Control”U.K.
This section has no associated Explanatory Notes

(1)For the purposes of this Chapter, in relation to a company, “control” means the power of a person to secure that the company's affairs are conducted in accordance with the person's wishes—

(a)by means of the holding of shares or the possession of voting power in or in relation to the company or any other company, or

(b)as a result of powers conferred by the articles of association or other document regulating the company or any other company.

(2)Sections 838 to 840 (rights and powers to be taken into account) apply in relation to the determination for the purposes of this Chapter whether a person has control of a company.