Part 7Derivative contracts

Chapter 10European cross-border mergers

Interpretation

688Interpretation

1

In this Chapter—

  • “company” means any entity listed as a company in the Annex to the Mergers Directive, and

  • “co-operative society” means a society registered under the Industrial and Provident Societies Act 1965 (c. 12) or a similar society governed by the law of a member State other than the United Kingdom.

2

For the purposes of this Chapter, a company is resident in a member State if—

a

it is within a charge to tax under the law of the State as being resident for that purpose, and

b

it is not regarded, for the purpose of any double taxation relief arrangements to which the State is a party, as resident in a territory not within a member State.