Valid from 01/04/2009

Part 8 U.K. Intangible fixed assets

Chapter 8 U.K. Groups of companies: introduction

Rules U.K.

769 Continuity of identity of group U.K.

(1) A group of companies remains the same group of companies for the purposes of this Part so long as the same company is the principal company of the group.

(2) If the principal company of a group becomes a member of another group—

(a) the groups are treated as the same group for the purposes of this Part, and

(b) the question whether a company has ceased to be a member of a group must be determined accordingly.

(3) The passing of a resolution or the making of an order, or any other act, for the winding up of a company is not treated for the purposes of this Part as causing any company to cease to be a member of any group of which it is a member.