Close Company. 8.9.1 The Company is a close company for Taxation purposes.
8.9.2 The Company has no loan outstanding to which the provisions of sections 419 and 420 Taxes Act would apply.
8.9.3 The Company has not held and does not hold shares in a company not being another member of a group of companies (including the Company) as defined in section 170 TCGA which has made any such transfer as was referred to in section 125 TCGA.
8.9.4 The Company has not made any transfers of value within section 94 IHTA.
Close Company. The Company is and has since incorporation been a close company as defined in section 414 ICTA and is not and has at no time been a close investment holding company as defined in section 13A ICTA. No distribution within section 418 ICTA has been made or agreed to be made by the Company and no loans or payments within section 419 420 or 422 ICTA have been made or agreed to be made by the Company since incorporation.
Close Company. 37.1 The Company is not nor has it ever been a close company as defined in ICTA 1988.
37.2 The Company has no loan outstanding to which the provisions of section 419 ICTA 1988 would apply (loans to participators etc.).
37.3 The Company is a close investment-holding company as defined in section 13A ICTA 1988.
Close Company. The Company has at all times been a close company as defined by Sections 414 and 415 T.A. but has not in any accounting period beginning after 31 March 1989 been a close investment-holding company as defined in Section 13A T.A. No distribution within the meaning of Section 418 T.A. has been made by the Company; since the Accounts Date any outstanding loans or advances made or agreed to be made by the Company within Sections 419 and 420 or 422 T.A. have been disclosed in the Disclosure Letter and the Company has not released or written off or agreed to release or write off the whole or any part of any such loans or advances.
Close Company. 1.3.1 The Company is not a close investment holding company for the purposes of section 34 CTA 2010.
1.3.2 The Company has not made any loan to any participator or associate for the purposes of sections 455, 459 or 460 CTA 2010 or provided any payment or benefit to a participator which has or could be treated as a distribution within the meaning of section 1064 CTA 2010.
Close Company. 8.1 The Company is not nor has it at any time been a close company (within the meaning of section 439 CTA 2010) in respect of any accounting period.
Close Company. 46.1 No Group Company is, nor has it at any time since 28 June 1996 either a close company within the meaning of Section 414, ICTA or a close investment holding company for the purposes of Section 13A, ICTA.
46.2 No Group Company has at any time since 28 June 1996 :
(a) made any loan, advance or payment or given any consideration or effected any transaction falling within Sections 419 to 422 (inclusive), ICTA;
(b) made a transfer of value which is or may be liable to Tax under the provisions of Section 94, Inheritance Tax Xxx 0000, or
(c) made a transfer falling within the provisions of Xxxxxxx 000, XXXX.
Close Company. 6.1. No Group Company is a close company as defined in section 439 CTA 2010 (close companies) and has never in the last six years been a close investment-holding company as defined in section 34 CTA 2010 (close investment-holding companies).
6.2. No distributions within section 1064 CTA 2010 (additional matters to be treated as distributions) or transfers of value within section 94 Inheritance Tax Act 1984 (charge on participators) have been made in the last six years by any Group Company.
6.3. No loan or advance within section 455 CTA 2010 (loans to participators etc) has been made or agreed to be made by any Group Company in the last six years and no Group Company has since the Balance Sheet Date released or written off, and there is no agreement or arrangement for the release or writing off of the whole or part of the debt in respect of any such loan or advance.
Close Company. 6.1 The Company is not a close investment holding company within the meaning of section 13A ICTA 1988 (close investment holding companies).
6.2 The Company is not liable to tax under the provisions of sections 418 to 422 ICTA 1988 (close companies).
6.3 No transfer of value has been made to or by the Company within the meaning of the Inheritance Tax Xxx 0000.
6.4 Neither the assets owned by nor the shares of the Company are subject to an outstanding Inland Revenue charge as defined in section 237 Inheritance Tax Act 1984 (imposition of charge).
6.5 No circumstances exist, or but for section 204(6) Inheritance Tax Act 1984 (contingent liability of transferee for unpaid capital transfer tax or inheritance tax) would exist, such that a power of sale could be exercised in relation to any assets or shares of the Company pursuant to section 212 Inheritance Tax Act 1984 (powers to raise tax).
