Section 438 | Overview of Part

(1)Chapter 2 defines “close company” and other expressions used in this Part.

(2)Chapter 3 imposes a charge to tax in connection with loans or advances by close companies to participators.

(2A)Chapter 3A imposes a charge to tax in connection with other arrangements involving close companies and participators.

(2B)Repealed

(3)Chapter 4 contains a power to obtain information in connection with close companies.

(4)For the meaning of “participator”, see section 454.