SCHEDULES
SCHEDULE 22 Tonnage tax
Part XII Groups, mergers and related matters
Companies treated as controlled by an individual
117
1
For the purposes of this Schedule an individual is treated as controlling any company that is controlled—
a
by him alone, or
b
by him together with one or more associates of his, or
c
subject to sub-paragraph (2), by any associate of his, with or without any other such associates.
2
An individual shall not be treated as controlling a company by virtue of sub-paragraph (1)(c) if he does not have any significant influence over the affairs of the company in question.