Paragraph 7 F1
United Kingdom
The investing company must have held a substantial shareholding in the company invested in throughout a twelve-month period beginning not more than F2six years before the day on which the disposal takes place.
Annotations
Textual amendments
- F1
Sch. 7AC inserted (with effect in accordance with s. 44(3)(4) of the amending Act) by Finance Act 2002 (c. 23), Sch. 8 para. 1
- F2
Word in Sch. 7AC para. 7 substituted (with effect in accordance with s. 27(6) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 27(3)