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Legislation
Taxation (International and Other Provisions) Act 2010

Crossheading “Indirect participation” in management, control or capital of a person

  • Section 158 Indirect participation: defined by sections 159 to 161
  • Section 159 Indirect participation: potential direct participant
  • Section 160 Indirect participation: one of several major participants
  • Section 161 Indirect participation: involvement in financing arrangements
  • Section 162 Indirect participation: sections 148 , 175 and 219(2): further financing cases
  • Section 162A Agreements for common management
  • Section 162B Arrangements to avoid participation condition
  • Section 163 Meaning of “connected” in sections 159 and 161
  1. “Indirect participation” in management, control or capital of a person
  2. Indirect participation: defined by sections 159 to 161

Section 158 | Indirect participation: defined by sections 159 to 161

From legislation.gov.uk

(1)This section is about how to read the references, in this Part and in some other provisions of this Act, to indirect participation.

(2)For the purposes of sections 148(2) and (3) and 175, a person is indirectly participating in the management, control or capital of another person only if section 159, 160 or 161 so provides.

(3)Repealed

(4)For the purposes of—

(a)sections 154(5) and 204(4),

(b)in Part 2, section 132(7), ...

(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , and

(d)in Part 6A, section 259NB(4),

a person is indirectly participating in the management, control or capital of another person only if section 159 or 160 so provides.

(5)For the purposes of section 219(2) (which is in Part 5), a person is indirectly participating in the management, control or capital of another person only if any of sections 159 to 162 so provide.

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