# Income Tax (Earnings and Pensions) Act 2003, Paragraph 94

Extent: E+W+S+N.I.

(1) For the purposes of the SIP code one company is an “associated company” of another company at a given time if—
(a) one has control of the other, or
(b) both are under the control of the same person or persons.
(2) Sub-paragraph (1) does not, however, apply for the purposes of paragraph 29 (prohibited shares).
(3) For the purposes of sub-paragraph (1) the question whether a person controls a company is to be determined in accordance with sections 450 and 451 of CTA 2010.

---
Source: https://www.legislation.gov.uk/ukpga/2003/1/schedule/2/paragraph/94 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/schedule-2/paragraph-94
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.