364. Meaning of 'control' for purposes of loan relationships.

For the purposes of any provisions of Part 5 of the Corporation Tax Act 20091 which apply this provision2, 'control', in relation to a company, means the power of a person to secure that the affairs of the company are conducted in accordance with the person's wishes:

  1.  

    (1)     by means of the holding of shares or the possession of voting power in or in relation to the company or any other company; or

  2.  

    (2)     as a result of any powers conferred by the articles of association or other document regulating the company or any other company3.

Trading shares4 held by