15.—(1) This regulation makes supplementary provision for the purposes of regulation 14.
(2) Sections 1122 and 1123 of the Corporation Tax Act 2010(1) (connected persons) apply for the purpose of determining whether or not the claimant is connected with the customer as mentioned in requirement 3, and section 1122 of that Act has effect as if after subsection (8) there were inserted—
“(9) A person (“A”) is connected with any person who is an employee of A or by whom A is employed.
(10) For the purposes of this section, any director or other officer of a company is to be treated as employed by that company.”
(3) Where the customer has made a payment to the claimant, regulation 16 applies for the purpose of determining whether, and to what extent, the payment is to be treated as being allocated to pay the consideration due in respect of the disposal (and consequently whether the customer has failed to pay the whole or part of the consideration for the disposal as mentioned in requirement 6).
(4) Regulation 17 applies for the purpose of determining whether the customer has become insolvent as mentioned in requirement 6.
(5) In requirement 8, “security” means—
(a)in relation to Wales, England and Northern Ireland, any mortgage, charge, lien or other security;
(b)in relation to Scotland, any security (whether heritable or moveable), any floating charge and any right of lien or preference and right of retention (other than a right of compensation or set-off);
(c)in relation to any country or territory outside the United Kingdom, anything that has an effect corresponding to anything mentioned in sub-paragraph (a) or (b).
(6) Regulation 21(3) applies for the purpose of determining whether the claimant has previously benefited from an amount of customer insolvency credit in respect of the disposal as mentioned in regulation 14(2).