Section 156 | Connected persons

(1)For the purposes of the deferment rules a person (“B”) is connected with another person (“A”) at any time if, at that time—

(a)B is connected (in the sense given in section 575) with A,^F1

(b)B is carrying on a qualifying activity previously carried on by A and the condition in subsection (2) is met, or

(c)B is connected (in the sense given in section 575) with a person who is carrying on a qualifying activity previously carried on by A and the condition in subsection (2) is met.^F2

(2)The condition is that the only changes in the persons carrying on the qualifying activity since A carried it on are changes—^F3

(a)which do not involve all of the persons carrying it on before the changes permanently ceasing to carry it on, or^F3

(b)in respect of which the qualifying activity is treated as continuing under section 948 of CTA 2010.^F3F4

(3)If expenditure is incurred by a person who is not the shipowner, the persons connected with him at any time include any person connected with the shipowner at that time as a result of subsection (1).