Paragraph 21 F1F2
(1)
If at a time when a person controlled or had significant influence over a relevant body—
(a)
the relevant body met a section 237A condition, and
(b)
the relevant body, or another relevant body which the person controlled or had significant influence over, was a promoter,
the person is treated as meeting the section 237A condition at the section 237A(2) relevant time.
(2)
It does not matter whether any relevant body referred to sub-paragraph (1) exists at the section 237A(2) relevant time.
Annotations
Textual amendments
- F1
Sch. 34A inserted (15.9.2016) by Finance Act 2016 (c. 24), s. 160(5)
- F2
Sch. 34A paras. 20-22 and cross-headings substituted (with effect in accordance with s. 24(6) of the amending Act) by Finance Act 2017 (c. 10), s. 24(3)