CG67821 | Reliefs: employee-ownership trusts: conditions: the 'trading requirement'

TCGA92/S236H(4)(a)

Provides that C must meet the ‘trading requirement’, see CG67830,

• at the time of the disposal and

• for the remainder of the tax year in which that time falls.

TCGA92/S236I(1)

C meets the ‘trading requirement’ if it is

• a trading company that is not a member of a group, see CG67830, or

• the principal company of a trading group, see CG67831.