{
  "url": "https://openlegislation.uk/finance-act-2015/schedule-16/paragraph-4",
  "json_url": "https://openlegislation.uk/finance-act-2015/schedule-16/paragraph-4.json",
  "legislation": "ukpga/2015/11",
  "legislation_title": "Finance Act 2015",
  "legislation_url": "https://openlegislation.uk/finance-act-2015",
  "path": "schedule/16/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "(1) A company is a “related company”, for the purposes of this Part of this Schedule, if, at any time in the relevant period, it was a member—\n(a) of the same group as the taxpayer company,\n(b) of a consortium which at that time owned the taxpayer company, or\n(c) of the same group as a company which at that time was a member of a consortium owning the taxpayer company.\n(2) For the purposes of sub-paragraph (1)(a) two companies are members of the same group if—\n(a) one is the 51% subsidiary of the other, or\n(b) both are 51% subsidiaries of a third company.\n(3) For the purposes of sub-paragraph (1)(c), two companies are members of the same group if they are members of the same group of companies within the meaning of Part 5 of CTA 2010 (group relief).\n(4) For the purposes of this Part of this Schedule—\n(a) a company is a member of a consortium if it is a member of a consortium within the meaning of Part 5 of CTA 2010, and\n(b) a company is owned by a consortium if it is owned by a consortium within the meaning of that Part.\n(5) In this paragraph “51% subsidiary” has the meaning given by section 1154 of CTA 2010.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2015/11/schedule/16/paragraph/4",
    "retrieved_at": "2026-10-29T09:07:01.784220+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."
}