“Qualifying change of ownership”

394A“Qualifying change of ownership”

For the purposes of the sales of lessors Chapters there is a qualifying change of ownership in relation to a company (“A”) on any day if there is a relevant change in the relationship on that day between A and a principal company of A unless any of the following apply—

a

section 395(2),

b

section 396(2), or

c

section 398A(2) or (5).