Introduction
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Finance Act 2002 Part 8 — Groups of companies
General rule: a company and its 75% subsidiaries form a group
47
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Membership of group restricted to effective 51% subsidiaries of principal company
48
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Principal company cannot be 75% subsidiary of another company
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Company cannot be member of more than one group
50
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Continuity of identity of group
51
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Continuity of identity of group
51A
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Meaning of “effective 51% subsidiary"
52
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Meaning of equity holder and profits or assets available for distribution
53
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Supplementary provisions
54
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Back to Finance Act 2002 — full text
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