Paragraph 27 I1
The seller is regarded as leaving the group if the companies cease to be members of the same group by reason of a transaction relating to shares in—
(a)
the seller, or
(b)
another company that is above the seller in the group structure and as a result of the transaction ceases to be a member of the same group as the buyer.
Annotations
Commencement
- I1
Sch. 10 para. 27 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2