Section 1069 — Corporation Tax Act 2010: Additional persons treated as participators

Additional persons treated as participators 1069 1 In sections 1064 to 1067 any reference to a participator includes an associate of a participator.

2 If a company (“A”) controls another company (“B”), a person who—

a is a participator in A, or b is an associate of a participator in A, is treated for the purposes of sections 1064 to 1067 as being a participator in B as well.

3 In this section the following expressions have the same meaning as in Part 10 (close companies)—

a “associate” (see section 448),

b “control” (see sections 450 and 451),

and c “participator” (see section 454).