CTM36310 - Particular topics: company winding up TAAR: condition A

ITTOIA05/S396B/404A (2)

For the purpose of ITTOIA05/S396B/404A, a person has a 5% interest in a company if:

• The individual holds at least 5% of the ordinary share capital of the company, and
• The individual can exercise at least 5% of the voting rights in the company by virtue of that holding.

Ordinary share capital is defined at ITA07/S989. See ETASSUM33070