s 212F When company is owned by consortium and consortium members
(1) This section defines what a company being owned by, or a member of, a consortium means for the purposes of section 212E. (2) A company is owned by a consortium if— (a) it is not a qualifying 75% subsidiary of another company, (b) at least 75% of its ordinary share capital is beneficially owned between them by other companies, and (c) none of those other companies owns less than 5% of that capital. (3) Those other companies are the members of the consortium.