# Finance Act 2021, Paragraph 20


(1) Section 357BN (profits arising from the exploitation of patents etc: small claims treatment) is amended as follows.
(2) In subsection (7)—
(a) in paragraph (a), for “no company is a related 51% group company of the company” substitute “ the company has no associated company ”,
(b) in paragraph (b), for “one or more companies are related 51% group companies of the company” substitute “ the company has one or more associated companies ”, and
(c) in the definition of “N”, for “those related 51% group” substitute “ those associated ”.
(3) After subsection (8) insert—
“(9) The rules in Part 3A (see sections 18E to 18J) which apply for determining whether a company is another company's associated company in an accounting period for the purposes of section 18D apply for the purposes of this section.”

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Source: https://www.legislation.gov.uk/ukpga/2021/26/schedule/1/paragraph/20 (the official version)
Page: https://openlegislation.uk/finance-act-2021/schedule-1/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.