Related Commentary  

100B(1)  Section 100A(1) does not apply if subsection (2), (3) or (4) applies.

100B(2)  This subsection applies if–

(a)the company's interest in the property was acquired directly or indirectly from a connected company at an undervalue, or

(b)the company's interest in the property derives from an interest that was so acquired.

100B(3)  This subsection applies if, at any time after the relevant time–

(a)expenditure in respect of the property has been incurred directly or indirectly by a connected company, or

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