{
  "url": "https://openlegislation.uk/capital-allowances-act-2001/section-212F",
  "json_url": "https://openlegislation.uk/capital-allowances-act-2001/section-212F.json",
  "legislation": "ukpga/2001/2",
  "legislation_title": "Capital Allowances Act 2001",
  "legislation_url": "https://openlegislation.uk/capital-allowances-act-2001",
  "path": "section/212F",
  "kind": "section",
  "number": "212F",
  "heading": "When company is owned by consortium and consortium members",
  "text": "(1) This section defines what a company being owned by, or a member of, a consortium means for the purposes of section 212E.\n(2) A company is owned by a consortium if—\n(a) it is not a qualifying 75% subsidiary of another company,\n(b) at least 75% of its ordinary share capital is beneficially owned between them by other companies, and\n(c) none of those other companies owns less than 5% of that capital.\n(3) Those other companies are the members of the consortium.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 2 Ch. 16A inserted (8.4.2010) (with effect in accordance with Sch. 4 para. 5, 6 to the amending Act) by Finance Act 2010 (c. 13), Sch. 4 para. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/2/section/212F",
    "retrieved_at": "2026-10-29T09:20:17.739129+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}