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Legislation
Taxation (International and Other Provisions) Act 2010

Crossheading Supplementary

  • Section 360 Treatment of umbrella arrangements
  • Section 361 Treatment of arrangements comprising more than one class of interest
  • Section 362 Meaning of “participant” and “participation”
  • Section 363 Meaning of “umbrella arrangements” and “part of umbrella arrangements”
  • Section 363A Residence of undertakings for collective investment in transferable securities and alterative investment funds
  1. Supplementary
  2. Treatment of umbrella arrangements

Section 360 | Treatment of umbrella arrangements

From legislation.gov.uk

(1)This section has effect for the purposes of this Part.

(2)In the case of umbrella arrangements (see section 363)—

(a)each part of the umbrella arrangements is to be treated as separate arrangements, and

(b)the umbrella arrangements are to be disregarded.

(3)Subsection (2)(a) is subject to section 361.

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