TTM12070 - Tonnage Tax Groups: Control

Meaning of 'control’

‘Control’ of a company means, per paragraph 118, the power of a person to secure by means of:

• a shareholding, or
• voting power, directly or indirectly through other companies, or
• any powers conferred by articles of association or other document regulated that or any other company,

so that the affairs of the company are conducted in accordance with his wishes.

(paragraph 118(1)

References