Schedule 22 Finance Act 2000: Part XII groups - Para 121 meaning of ‘merger’ and ‘demerger’
(1) In this Schedule-
“merger” means a transaction by which one or more companies become members of a group, and
“demerger” means a transaction by which one or more companies cease to be members of a group.
(2) References to a merger to which a group is a party include any merger affecting a member of the group.
|Meaning of ‘merger’||TTM12300|
|Meaning of ‘demerger’||TTM12400|