1069Additional persons treated as participatorsU.K.
This
adran has no associated
Nodiadau Esboniadol
(1)In sections 1064 to 1067 any reference to a participator includes an associate of a participator.
(2)If a company (“A”) controls another company (“B”), a person who—
(a)is a participator in A, or
(b)is an associate of a participator in A,
is treated for the purposes of sections 1064 to 1067 as being a participator in B as well.
(3)In this section the following expressions have the same meaning as in Part 10 (close companies)—
(a)“associate” (see section 448),
(b)“control” (see sections 450 and 451), and
(c)“participator” (see section 454).