# Finance Act 2021, Paragraph 9


(1) Section 279E (the lower limit and the upper limit) is amended as follows.
(2) In subsection (2)—
(a) in the opening words, for “If no company is a related 51% group company of A” substitute “ If A has no associated company ”,
(b) in paragraph (a), for “£300,000” substitute “ £50,000 ”, and
(c) in paragraph (b), for “£1,500,000” substitute “ £250,000 ”.
(3) In subsection (3)—
(a) in the opening words, for “If one or more companies are related 51% group companies of A” substitute “ If A has one or more associated companies ”,
(b) in paragraph (a), for “£300,000” substitute “ £50,000 ”, and
(c) in paragraph (b), for “£1,500,000” substitute “ £250,000 ”.

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Source: https://www.legislation.gov.uk/ukpga/2021/26/schedule/1/paragraph/9 (the official version)
Page: https://openlegislation.uk/finance-act-2021/schedule-1/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.