Part 7

Community investment tax relief
Chapter 6

Supplementary and general

Miscellaneous

Nominees
262
1
For the purposes of this Part—
a
loans made by or to, or disposed of by, a nominee for a person are treated as made by or to, or disposed of by, that person, and
b
securities or shares subscribed for by, issued to, acquired or held by or disposed of by a nominee for a person are treated as subscribed for by, issued to, acquired or held by or disposed of by that person.
2
For the purposes of subsection (1) references to things done by or to a nominee for a person include things done by or to a bare trustee for a person.