# Finance Act 2009, Paragraph 13


(1) In this Part “qualifying holding company” means a controlled foreign company that was an exempt holding company in relation to the last accounting period to end before 1 July 2009.
(2) For the purposes of sub-paragraph (1) paragraphs 14 and 15 are to be disregarded.
(3) For the purposes of this Part a company is an “exempt holding company” in relation to an accounting period if—
(a) throughout the period the company is, within the meaning of Part 2 of Schedule 25 to ICTA, engaged in exempt activities, and
(b) paragraph 6(4) or (4A) of that Schedule applies to the company in relation to the period.

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Source: https://www.legislation.gov.uk/ukpga/2009/10/schedule/16/paragraph/13 (the official version)
Page: https://openlegislation.uk/finance-act-2009/schedule-16/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.