{
  "url": "https://openlegislation.uk/finance-act-2000/schedule-15/paragraph-103",
  "json_url": "https://openlegislation.uk/finance-act-2000/schedule-15/paragraph-103.json",
  "legislation": "ukpga/2000/17",
  "legislation_title": "Finance Act 2000",
  "legislation_url": "https://openlegislation.uk/finance-act-2000",
  "path": "schedule/15/paragraph/103",
  "kind": "paragraph",
  "number": "103",
  "heading": null,
  "text": "In this Schedule the following expressions are defined or otherwise explained by the provisions indicated:\nallowable loss\nparagraph 102(1)\napplication (in Part X)\nparagraph 89(5)\narrangements\nparagraph 102(1)\nassociate\nparagraph 99\nthe Board\nparagraph 100\nchargeable gain\nparagraph 102(1)\nclass (of shares)\nparagraph 102(1) and (2)\ncompliance certificate\nparagraph 41\ncompliance statement\nparagraph 42\nconnected person\nparagraph 102(3)\nCTA 2010\nparagraph 102(1)\ndeferral relief\nparagraph 77\ndirector\nparagraph 102(1)\ndisposal\nparagraph 96\nexcluded activities\nparagraph 26\ngroup\nparagraph 102(1)\ngroup company\nparagraph 102(1)\nheld continuously (in relation to shares)\nparagraph 97\nthe Inland Revenue\nparagraph 100\nthe investing company\nparagraph 2\ninvestment relief\nparagraph 1\nissue of shares\nparagraph 98\nthe issuing company\nparagraph 2\nloss relief\nparagraph 67(1)\nmarket value\nparagraph 102(5)\nmaterial interest\nparagraph 7\nnew company (in paragraphs 83 to 87)\nparagraph 83\nnew shares (in paragraphs 83 to 87)\nparagraph 83\nnon-financial trade\nparagraph 11\nnon-financial trading group\nparagraph 12\nold company (in paragraphs 83 to 87)\nparagraph 83\nold shares (in paragraphs 83 to 87)\nparagraph 83\nordinary share capital\nparagraphs 7 and 102(1)\nordinary shares\nparagraph 102(1)\nparent company\nparagraph 102(1)\nthe period of restriction\nparagraph 48\nthe qualification period\nparagraph 3\nthe qualifying shares (in Part VIII)\nparagraph 75\nqualifying subsidiary\nparagraph 21\nqualifying 90% subsidiary\nparagraph 23A\nqualifying trade\nparagraph 25\nin receivership\nparagraph 102(4)(b)\nrelevant preference shares\nparagraph 9\nthe relevant shares\nparagraph 2\nrelief attributable to shares\ninvestment relief\nparagraph 45\ndeferral relief\nparagraph 77\nresearch and development\nparagraph 102(1)\nsingle company\nparagraph 102(1)\nthe 1992 Act\nparagraph 102(1)\ntrading activities requirement\nparagraph 23(2) and (3)",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 15 para. 103 inserted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 315(15) (with Sch. 2)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 15 para. 103 inserted (22.7.2004) (with effect in accordance with Sch. 20 para. 15 of the amending Act) by Finance Act 2004 (c. 12), Sch. 20 para. 14"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 15 para. 103 substituted (retrospective to 6.4.2007) by Finance Act 2007 (c. 11), Sch. 16 paras. 15(4), 18"
    }
  ],
  "outstanding_effects": [
    {
      "type": "inserted",
      "affecting": "asp/2001/8",
      "affecting_title": "Regulation of Care (Scotland) Act 2001"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2000/17/schedule/15/paragraph/103",
    "retrieved_at": "2026-10-29T09:21:00.128981+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."
}