# Finance Act 2000, Paragraph 121


(1) In this Schedule—
“merger” means a transaction by which one or more companies become members of a group, and
“demerger” means a transaction by which one or more companies cease to be members of a group.
(2) References to a merger to which a group is a party include any merger affecting a member of the group.

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/22/paragraph/121 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-22/paragraph-121
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.