Section 790 — Corporation Tax Act 2009: Provisions supplementing section 789

Provisions supplementing section 789 790 1 In section 789 “ arrangement ” includes a series of arrangements.

2 For the purposes of section 789(3) and (4) a member of a group of companies is treated as carrying on as one business the activities of that group.

3 For the purposes of section 789(3)(c), (4)(b) and (5) the value of an interest is determined as at the date of its acquisition.

4 For the purposes of section 789(6), any part of the consideration for the acquisition which is small by comparison with the total is ignored.