SCHEDULES

SCHEDULE 7 U.K.RPDT reliefs

PART 4 U.K.Supplementary provision

Meaning of “relief group” U.K.

21 For the purposes of this Schedule, two companies are part of the same “relief group” if—

(a) one is the 75% subsidiary of the other, or

(b) both are 75% subsidiaries of a third company.