# Finance Act 2014, Paragraph 13B


(1) A relevant body is treated as meeting a threshold condition at the relevant time if any of Conditions A to C is met.
(2) Condition A is that—
(a) a person met the threshold condition at a time when the person was a promoter, and
(b) the person controls or has significant influence over the relevant body at the relevant time.
(3) Condition B is that—
(a) a person met the threshold condition at a time when the person controlled or had significant influence over the relevant body,
(b) the relevant body was a promoter at that time, and
(c) the person controls or has significant influence over the relevant body at the relevant time.
(4) Condition C is that—
(a) two or more persons together controlled or had significant influence over the relevant body at a time when one of those persons met the threshold condition,
(b) the relevant body was a promoter at that time, and
(c) those persons together control or have significant influence over the relevant body at the relevant time.
(5) Where the person referred to in sub-paragraph (2)(a) or (3)(a) or (4)(a) as meeting a threshold condition is an individual who does not fall within the case described in paragraph 4 or 5 of Schedule 33A, sub-paragraph (1) only applies if the threshold condition is a relevant threshold condition.
(6) For the purposes of sub-paragraph (2) it does not matter whether the relevant body existed at the time referred to in sub-paragraph (2)(a).

---
Source: https://www.legislation.gov.uk/ukpga/2014/26/schedule/34/paragraph/13B (the official version)
Page: https://openlegislation.uk/finance-act-2014/schedule-34/paragraph-13B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.