# Income Tax Act 2007, Section 257DH: The no partnerships requirement


(1) Neither the issuing company nor any qualifying 90% subsidiary of that company may, at any time during period A, be a member of a partnership.
(2) “Partnership” includes—
(a) a limited liability partnership, and
(b) an entity established under the law of a territory outside the United Kingdom of a similar character to a partnership,
and “member”, in relation to a partnership, is to be read accordingly.

---
Source: https://www.legislation.gov.uk/ukpga/2007/3/section/257DH (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-257DH
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.