Related Commentary  Related HMRC Manuals

1218B(1)  In this Part “company with investment business” means a company whose business consists wholly or partly of making investments.

1218B(2)  But a credit union is not a company with investment business for the purposes of this Part.

1218B(3)  References in this Part to a company's investment business are to be construed in accordance with section 1219(2).

But this subsection does not affect the interpretation of the expression “company with investment business”.


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