Part 8 U.K. Intangible fixed assets

Modifications etc. (not altering text)

C1 Pt. 8 modified (1.1.2010) by Northern Rock plc (Tax Consequences) Regulations 2009 (S.I. 2009/3227), regs. 1, 6(1)

C2 Pt. 8 modified (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), ss. 601, 1184(1) (with Sch. 2)

Chapter 12 U.K. Related parties

Meaning of “participator” and “associate” U.K.

841 “Participator” and “associate” U.K.

(1) In this Chapter “participator”, in relation to a close company, has the meaning [F1 given by section 454 of CTA 2010], except as provided in subsection (2).

(2) “Participator” does not include a person just because the person is a loan creditor of the company within the meaning [F2 given by section 453 of CTA 2010].

(3) In this Chapter “associate”, in relation to a participator in a close company, has the meaning given by [F3 section 448 of CTA 2010].

Textual Amendments

F1 Words in s. 841(1) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 657(2) (with Sch. 2)

F2 Words in s. 841(2) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 657(3) (with Sch. 2)

F3 Words in s. 841(3) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 657(4) (with Sch. 2)