Public transport – special rule for groups of companiesU.K.
This
adran has no associated
Memorandwm Esboniadol
10.—(1) For the purposes of article 6(2)(b)(i), there is to be disregarded any valuable consideration given or promised for a flight or the purpose of a flight by one company to another company which is—
(a)its holding company;
(b)its subsidiary; or
(c)another subsidiary of the same holding company.
(2) In this article, “holding company” and “subsidiary” have the meanings respectively specified in section 1159 of the Companies Act 2006 M1.