# Finance Act 2000, Paragraph 20

Extent: E+W+S+N.I.

(1) The issuing company is not a qualifying issuing company in relation to the relevant shares if, at any time during the qualification period relating to those shares, it has a subsidiary which is not a qualifying subsidiary.
(2) In this paragraph “subsidiary” means any company which the company controls, either on its own or together with any person connected with it.
(3) For the purpose of sub-paragraph (2), the question whether a person controls a company shall be determined in accordance with sections 450 and 451 of CTA 2010.

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/15/paragraph/20 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-15/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.