# Finance Act 2015, Paragraph 4


(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—
(a) of the same group as the taxpayer company,
(b) of a consortium which at that time owned the taxpayer company, or
(c) of the same group as a company which at that time was a member of a consortium owning the taxpayer company.
(2) For the purposes of sub-paragraph (1)(a) two companies are members of the same group if—
(a) one is the 51% subsidiary of the other, or
(b) both are 51% subsidiaries of a third company.
(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).
(4) For the purposes of this Part of this Schedule—
(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
(b) a company is owned by a consortium if it is owned by a consortium within the meaning of that Part.
(5) In this paragraph “51% subsidiary” has the meaning given by section 1154 of CTA 2010.

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Source: https://www.legislation.gov.uk/ukpga/2015/11/schedule/16/paragraph/4 (the official version)
Page: https://openlegislation.uk/finance-act-2015/schedule-16/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.