CTA2010/S446 and 447 (formerly ICTA88/S415), CTA2010/S448 (formerly ICTA88/S417 (3), (4)), CTA2010/S449 (formerly ICTA88/S416 (1)), CTA2010/S1137 (formerly ICTA88/S841).

Subject to (a) to (g) below, a company in which 35% or more of the voting power is held by the public is not a close company.

a) General

A company claiming that it is not a close company by virtue of CTA2010/S446 has to show that all the following conditions are satisfied at the relevant time.

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