# Finance (No. 2) Act 2017, Paragraph 89


In section 719 (meaning of “change of ownership of a company”), after subsection (4) insert—
“(4A) For the purposes of Chapters 2A to 2D there is also a change in the ownership of a company (“C”) if, as a result of the acquisition by a person of a holding of the ordinary share capital of the company, the group condition (as defined in section 188CE) is met in relation to C and another company (“A”) (which was not a member of the same group of companies as C before the acquisition).
In this subsection the reference to membership of a group of companies is to be interpreted in accordance with section 188FB.”

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Source: https://www.legislation.gov.uk/ukpga/2017/32/schedule/4/paragraph/89 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2017/schedule-4/paragraph-89
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.