[F1267ASecuritisation companies in a group treated as not consolidatedU.K.
(1)Subsection (2) applies to a securitisation company that is a member of a group.
(2)The company is only to be regarded as a member of the group for the purposes of applying Condition C in section 266 in relation to other members of the group (revenue threshold for group).
(3)Otherwise, the company is to be treated as not being a member of any group for the purposes of domestic top-up tax.]
Textual Amendments
F1S. 267A inserted (22.2.2024 with effect for accounting periods beginning on or after 31.12.2023 in accordance with Sch. 12 para. 1(2) of the amending Act) by Finance Act 2024 (c. 3), Sch. 12 para. 42(2)