Part 8Intangible fixed assets
Chapter 8Groups of companies: introduction
Rules
766Only effective 51% subsidiaries of principal company to be members of group
(1)
A group of companies does not include any company (other than the principal company of the group) that is not an effective 51% subsidiary of the principal company of the group.
(2)
For the meaning of “effective 51% subsidiary”, see section 771.