# Finance Act 2000, Paragraph 126

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

(1) For the purposes of this Schedule one company is an “associated company” of another company if—
(a) one has control of the other, or
(b) both are under the control of the same person or persons.
(2) For the purposes of this paragraph the question of whether a person controls a company shall be determined in accordance with section 416(2) to (6) of the Taxes Act 1988.
(3) This paragraph is subject to paragraph 67(3).

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Source: https://www.legislation.gov.uk/ukpga/2000/17/schedule/8/paragraph/126 (the official version)
Page: https://openlegislation.uk/finance-act-2000/schedule-8/paragraph-126
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.