Paragraph 8 F1
United Kingdom
In this Schedule “ordinary share capital” has the meaning given by F2section 1119 of CTA 2010 and also includes—
in relation to a unit trust scheme, any rights that are treated by section 99(1)(b) of this Act (application of Act to unit trust schemes) as shares in a company, and
in relation to a company that has no share capital, any interests in the company possessed by members of the company.
Any reference in this Schedule to a reorganisation of a company’s share capital is to a reorganisation within the meaning of section 126.
Annotations
Textual amendments
- F1
Sch. 5AA inserted (with effect in accordance with Sch. 9 paras. 7, 8 of the amending Act) by Finance Act 2002 (c. 23), Sch. 9 para. 3
- F2
Words in Sch. 5AA para. 8(1) substituted (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 267(3) (with Sch. 2)