# Finance Act 2016, Paragraph 8


(1) A “group other than an MNE group” means a group consisting of two or more relevant bodies—
(a) each of which is a member of the group by virtue of sub-paragraph (3) or (4),
(b) at least two of which are UK companies,
which is not an MNE Group.
(2) For the purposes of the condition in sub-paragraph (1)(b) a UK permanent establishment of a foreign member of a group is to be treated as if it were a UK company and a member of the group.
(3) A relevant body is a member of a group if—
(a) another relevant body is its 51% subsidiary, or
(b) it is a 51% subsidiary of another relevant body.
(4) Two relevant bodies are members of the same group if—
(a) one is a 51% subsidiary of the other, or
(b) both are 51% subsidiaries of another relevant body.
(5) Chapter 3 of Part 24 of CTA 2010 (meaning of 51% subsidiary) applies for the purposes of this Schedule as it applies for the purposes of the Corporation Tax Acts (but with the modification in sub-paragraph (6)).
(6) It applies as if references to a body corporate were references to a relevant body.

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Source: https://www.legislation.gov.uk/ukpga/2016/24/schedule/19/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-2016/schedule-19/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.