Paragraph 5

After section 394 insert—

“ “Qualifying change of ownership”

“Qualifying change of ownership”

394A

For the purposes of the sales of lessors Chapters there is a qualifying change of ownership in relation to a company (“A”) on any day if there is a relevant change in the relationship on that day between A and a principal company of A unless any of the following apply—

(a)

section 395(2),

(b)

section 396(2), or

(c)

section 398A(2) or (5).”