The legislation uses a number of terms to describe various parts
of the group and the activities it undertakes. In this context,
'group' is the group of companies as defined for the purposes of
the UK-REIT regime – that is, the 75%/ effective 51%
subsidiaries of the principal company.
The definitions of various parts of this group are in
paragraph 2 Schedule 17 FA 2006, and are described in
GREIT11040. Other relevant definitions
in relation to members of the group and their activities are in
paragraph 3 Schedule 17 FA 2006: described in
GREIT11045.
Other terms, while not in the legislation, are being used as
shorthand in the context of the UK- REIT regime. These are set out
in
GREIT11040.
