371Interpretation
(1)In this Chapter—
“consortium company” means a company within section 402(3)(a), (b) or (c) of ICTA (surrender of relief between members of consortia),
“debtor consortium company” has the same meaning as in section 364 (see section 364(2)),
“group accounting period” is to be read in accordance with section 370,
“group member” has the same meaning as in section 364 (see section 364(2)),
“group relief” has the meaning given by section 402(1) of ICTA,
“holding company” means a company within section 402(3)(c) of ICTA,
“member”, in relation to a consortium, has the same meaning as in Chapter 4 of Part 10 of ICTA (group relief),
“member company” has the same meaning as in section 364 (see section 364(2)),
“net consortium debit” is to be read in accordance with section 365(2) and (3),
“relevant consortium creditor relationship” is to be read in accordance with section 364(2), and
“subsidiary”, in relation to a company which is a holding company, means a company which is within section 402(3)(b) of ICTA by reference to that holding company.
(2)Any reference in this Chapter to a company being owned by a consortium is to be read in accordance with section 413(6) of ICTA.
(3)Any reference in this Chapter to two companies being members of the same group of companies is a reference to those companies being members of the same group of companies for the purposes of Chapter 4 of Part 10 of ICTA (group relief) (see section 413(3)(a) of that Act).