{
  "url": "https://openlegislation.uk/finance-act-2009/schedule-27/paragraph-7",
  "json_url": "https://openlegislation.uk/finance-act-2009/schedule-27/paragraph-7.json",
  "legislation": "ukpga/2009/10",
  "legislation_title": "Finance Act 2009",
  "legislation_url": "https://openlegislation.uk/finance-act-2009",
  "path": "schedule/27/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "(1) Section 809M (meaning of “relevant person” for purposes of sections 809L, 809N and 809O) is amended as follows.\n(2) In subsection (2)(e), insert at the end “or a company which is a 51% subsidiary of such a close company”.\n(3) In subsection (3), after paragraph (c) insert—\n“(ca) “participator”, in relation to a close company, means a person who is a participator in relation to the company for the purposes of section 419 of ICTA (see sections 417(1) and 419(7) of that Act),\n(cb) “51% subsidiary” has the same meaning as in the Corporation Tax Acts (see section 838 of ICTA),”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/10/schedule/27/paragraph/7",
    "retrieved_at": "2026-10-29T09:11:08.872832+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}