762-440 Qualifying conditions applicable only to indirect demergers
Condition G – Interest in retained trade
Condition G is that if a trade is transferred, Transferor Company must either not retain any interest in that trade, or retain only a minor interest in it (CTA 2010, s. 1083(1)). Retention of interest may refer to the existence of a main supplier or customer or of common management. Minor interests (10% or less) will generally be ignored, unless giving control or a material influence on profits or their destination (SP 13/80).