Controlling Director means a Member who, at any time on or after 17 March 1987 and in the last 10 years before the Relevant Date has, in relation to the Employer, been both within the definition of a director in section 612(1) of the Act and within paragraph (b) of section 417(5) of that Act.
Controlling Director means a Director to whom paragraph (b) of section 452 of the Corporation Tax Act 2010 applies. This is broadly a director who directly or indirectly controls 20% of the ordinary share capital.
Controlling Director. , in relation to a company, means a director of the company who has control of it (construing control in accordance with sections 450 and 451 of the Corporation Tax Act 2010 (c.4)).
More Definitions of Controlling Director
Controlling Director means a Member who, at any time on or after 17 March 1987 and in the last 10 years before his Scheme Exit Date has, in relation to his Employer, been both within the definition of a director in section 612(1) of the Taxes Act and within paragraph (b) of section 417(5) of the Taxes Act;
Controlling Director means a director to whom paragraph (b) of section 417(5) of the Income and Corporation Taxes Act 1988 applies;
Controlling Director. , in relation to a company, means a director of the company who has control of it (construing control in accordance with section 416 of the Taxes Act);
Controlling Director. , in relation to a company, means a director of the company who has control of it;
Controlling Director means a director within the meaning of section 612(1) of the Taxes Act who falls within the provisions of subsection (5)(b) of section 417 of that Act (read with subsections (3), (4) and (6) of that section(4));
Controlling Director means a Member who, at any time on or after 17 March 1987 and in the last 10 years before the Relevant Date, has, in relation to the Employer, been both within the definition of a director in Section 612(1) of ICTA (interpretative provisions) and within paragraph(b) of Section 417(5) of ICTA (meaning of “director”).
Controlling Director means a director of a company, the directors whereof have a controlling interest therein, who is the beneficial owner of, or able, either directly or through the medium of other companies or by any other indirect means, to control, more than five per cent. of the ordinary share capital of the company, and for the purposes of this definition the expressions " company " and " ordinary share capital " have the same meanings as they have for the purposes of the Fourth Schedule to the Finance Act, 1937 ;