Section 882 — Corporation Tax Act 2010: Associates

Associates 882 1 This section applies for the purposes of this Chapter.

2 Persons are associates if they are associated with each other.

3 The following are associated with each other—

a an individual and the individual's spouse or civil partner or relative, b an individual and a spouse or civil partner of a relative of the individual, c an individual and a relative of the individual's spouse or civil partner, d an individual and a spouse or civil partner of a relative of the individual's spouse or civil partner.

4 The following are associated with each other—

a a person as trustee of a settlement and an individual who (in relation to the settlement) is a settlor, b a person as trustee of a settlement and a person associated with an individual who (in relation to the settlement) is a settlor.

5 The following are associated with each other—

a a person and a body of persons of which the person has control, b a person and a body of persons of which persons associated with the person have control, c a person and a body of persons of which the person and persons associated with the person have control, d two or more bodies of persons associated with the same person under paragraphs (a) to (c).

6 In relation to a disposal by joint owners, the joint owners and any person associated with any of them are associated with each other.

7 For the purposes of this section—

a a relative is a brother, sister, ancestor or lineal descendant, b a body of persons includes a partnership, and c “settlement” and “settlor” have the meanings given by section 620 of ITTOIA 2005.