Part 4

Loss relief
Chapter 6

Losses on disposal of shares

Qualifying trading companies: the requirements

The property managing subsidiaries requirement
141
1
The property managing subsidiaries requirement is that any property managing subsidiary that the company has must be a qualifying 90% subsidiary of the company.
2
In this section—
- “property managing subsidiary” has the meaning given by section 188(2),
- “qualifying 90% subsidiary” has the meaning given by section 190.