IntroductionU.K.
46(1)This Part has effect for the purposes of this Schedule to determine whether companies form a group and, where they do, which is the principal company of the group.
(2)In this Part references to a company apply only to—
(a)a company within the meaning of the Companies Act 1985 (c. 6) or the Companies (Northern Ireland) Order 1986 (S.I. 1986/ 1032 (N.I. 6));
(b)a company (other than a limited liability partnership) constituted under any other Act or by a Royal Charter or letters patent;
(c)a company formed under the law of a country or territory outside the United Kingdom;
(d)a registered industrial and provident society within the meaning of section 486 of the Taxes Act 1988;
(e)an incorporated friendly society within the meaning of the Friendly Societies Act 1992 (c. 40); or
(f)a building society.
(3)In this Schedule the expressions “group” and “subsidiary” shall be construed with any necessary modifications where applied to a company formed under the law of a country outside the United Kingdom.