Commentary on Sections Overview Overview Section 1023: Supplementary provision for purposes of section 1022
2648.This section gives the definitions needed for the purposes of section 1022. It is based on paragraph 13 of Schedule 23 to FA 2003.
2649.Subsection (3) defines a takeover in terms of one company acquiring control of another. The definition of “control” in section 840 of ICTA applies for this purpose. See section 1316.