# Income Tax Act 2007, Section 221: Receipts of value by and from connected persons etc


In sections 213, 214 and 216 to 218—
(a) any reference to a payment or transfer to the investor includes a reference to a payment or transfer made to the investor indirectly or to the investor's order or for the investor's benefit,
(b) any reference to the investor includes a reference to an associate of the investor, and
(c) any reference to the issuing company includes a reference to a person who at any time in period A relating to the relevant shares is connected with that company (whether or not that person is so connected at the material time).

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/221 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-221
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.