Finance (No. 2) Act 2023
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
267A Securitisation companies in a group treated as not consolidated
(1) Subsection (2) applies to a securitisation company that is a member of a group. (2) The company is only to be regarded as a member of the group for the purposes of applying Condition C in section 266 in relation to other members of the group (revenue threshold for group). (3) Otherwise, the company is to be treated as not being a member of any group for the purposes of domestic top-up tax.
267A Securitisation companies in a group treated as not consolidated
(1) Subsection (2) applies to a securitisation company that is a member of a group. (2) The company is only to be regarded as a member of the group for the purposes of applying Condition C in section 266 in relation to other members of the group (revenue threshold for group). (3) Otherwise, the company is to be treated as not being a member of any group for the purposes of domestic top-up tax.
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