# Taxation of Chargeable Gains Act 1992, Paragraph 9

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

(1) For the purposes of paragraphs 7 and 8A(2) (the substantial shareholding requirement) a company that is a member of a group is treated—
(a) as holding any shares or interest in shares held by any other company in the group, and
(b) as having the same entitlement as any such company to any rights enjoyed by virtue of holding shares or an interest in shares.
(2) Sub-paragraph (1) is subject to paragraph 17(4) (exclusion of aggregation in case of assets of long-term insurance fund of insurance company).

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Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/7AC/paragraph/9 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-7AC/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.