PART 5SUPPLEMENTARY PROVISION
CHAPTER 6SPECIAL CASES
Corporate groups
I178Conditions for designation as member of group
1
A body corporate may be designated as a member of a group only if—
a
it carries out taxable operations or intends to do so, and
b
it is under the same control as every other member of the group.
2
Two or more bodies corporate are under the same control if—
a
one of them controls all of the others,
b
one body corporate or individual controls all of them, or
c
two or more individuals carrying on business in partnership control all of them.
3
For the purposes of subsection (2)—
a
one body corporate (“A”) controls another body corporate (“B”) if—
i
A is empowered by or under an enactment to control B's activities, or
ii
A is B's holding company;
b
an individual or individuals control a body corporate if they would, if they were a company, be the body's holding company.
4
In subsection (3), “holding company” has the meaning given by section 1159 of, and Schedule 6 to, the Companies Act 2006 (c. 46).