# Income Tax (Earnings and Pensions) Act 2003, Paragraph 58

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

In the EMI code—
“arrangements” includes any scheme, agreement or understanding, whether it is legally enforceable or not;
“company” means a body corporate;
“group of companies” means a parent company and its 51% subsidiaries;
“the group”, in relation to a parent company, means that company and its 51% subsidiaries;
“parent company” means a company that has one or more 51% subsidiaries and “single company” means a company that does not;
“research and development” has the meaning given by section 1006 of ITA 2007;
“shares” includes stock.

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Source: https://www.legislation.gov.uk/ukpga/2003/1/schedule/5/paragraph/58 (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/schedule-5/paragraph-58
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.