# Income Tax Act 2007, Section 141: The property managing subsidiaries requirement


(1) The property managing subsidiaries requirement is that any property managing subsidiary that the company has must be a qualifying 90% subsidiary of the company.
(2) In this section—
“property managing subsidiary” has the meaning given by section 188(2),
“qualifying 90% subsidiary” has the meaning given by section 190.

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/141 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-141
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.