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Finance (No. 3) Act 2010

Finance (No. 3) Act 2010 Sch 6 para 7

Sch 6 para 7

(1) Section 143 (which makes provision limiting the amount of group relief that is available in cases where the surrendering company is owned by a consortium) is amended as follows. (2) In subsection (3)— (a) omit the “and” at the end of paragraph (b), and (b) at the end of paragraph (c) insert , and (d) the proportion of the voting power in the surrendering company that is directly possessed by the claimant company. (3) In subsection (4)(a), for “paragraphs (a) to (c)” substitute “ paragraphs (a) to (d) ” .

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