Commentary on Sections Overview Overview Section 166: Connection with issuing company
553.This section defines, for the purposes of this Chapter, the meaning of an individual being connected with the issuing company and provides signposts to the sections that provide further detail of the way in which such connection can occur. It is based on section 291(2) of ICTA.
554.This section clarifies the application of the definition of connected in section 291(2) of ICTA. See Change 38 in Annex 1.