# Corporation Tax Act 2010, Section 232: Investor must have beneficial ownership


(1) The investor must be the sole beneficial owner of the investment when it is made.
(2) If the investment consists of a loan, the person beneficially entitled to repayment of the loan is treated as the beneficial owner of the loan for the purposes of this Part.

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Source: https://www.legislation.gov.uk/ukpga/2010/4/section/232 (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2010/section-232
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.