Section 1124: “Control”
3228.This section defines what “control” of a company or partnership means. It is based on section 840 of ICTA. The corresponding provision for income tax is in section 995 of ITA.
3229.The drafting largely follows the approach adopted in section 574 of CAA.
3230.The definition operates only where specifically applied. Section 1176 applies the definition for the purposes of this Act unless otherwise indicated.