# Finance Act 2004, Paragraph 10


The company must satisfy the Inland Revenue, by such evidence as may be prescribed in regulations made by the Board of Inland Revenue, that—
(a) it is carrying on (whether or not in partnership) a business in the United Kingdom, and
(b) that business satisfies the conditions mentioned in paragraph 2(a) and (b).

---
Source: https://www.legislation.gov.uk/ukpga/2004/12/schedule/11/paragraph/10 (the official version)
Page: https://openlegislation.uk/finance-act-2004/schedule-11/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.