Common use of Group arrangements Clause in Contracts

Group arrangements. 8.6.1 The Company has never been a member of any group of companies for any Taxation purpose. 8.6.2 The Company has not ceased to be a member of a group of companies for the purposes of sections 178 and 179 TCGA and will not cease to be a member of such a group as a result of Completion. 8.6.3 The Company has not at any time within the period of six years ending with the date of this agreement, acquired any assets other than trading stock from any company which, at the time of the acquisition, was a member of the same group (as defined in section 170 TCGA) as the Company. 8.6.4 The Disclosure Letter sets out full details of any surrender or agreement to surrender, or acceptance or agreement to accept the surrender, by the Company of any amount by way of group relief under the provisions of sections 402, 403 and 407 to 413 Taxes Act. 8.6.5 All claims for group relief made by the Company were valid and have been or will be allowed by way of relief from corporation tax and the Company is not and will not, as a result of anything done before the date of this agreement, become liable to make any payment for an amount surrendered by any other company under or in connection in with the provisions of section 402 Taxes Act. 8.6.6 The Company is not and has not at any time been party to any arrangement falling within section 410 Taxes Act. 8.6.7 The Company has not made or purported to make any election under section 247 Taxes Act. 8.6.8 The Company has not made nor received nor purported to make or receive any surrender of the benefit of ACT under section 240 Taxes Act. 8.6.9 The Company is not liable to be assessed to any Taxation under the provisions of section 190 TCGA.

Group arrangements. 8.6.1 The Company has never been a member of any group of companies for any Taxation purpose. 8.6.2 The Company has not since the Balance Sheet Date ceased to be a member of a group of companies for the purposes of sections 178 and 179 TCGA and will not cease to be a member of such a group as a result of CompletionTCGA. 8.6.3 8.6.2 The Company has not at any time within the period of six years ending with the date of this agreementAgreement, acquired any assets other than trading stock from any company which, at the time of the acquisition, was a member of the same group (as defined in section 170 TCGA) as the Company. 8.6.4 8.6.3 The Disclosure Letter sets out full details of any surrender or agreement to surrender, or acceptance or agreement to accept the surrender, by the Company of any amount by way of group relief under the provisions of sections 402, 403 and 407 to 413 Taxes ActAct in respect of any period commencing in the three years ending on the date of this Agreement. 8.6.5 8.6.4 All claims for group relief made by the Company within the six years ended on the date of this Agreement were valid and have been or will be allowed by way of relief from corporation tax and the Company is not and will not, as a result of anything done before the date of this agreementAgreement, become liable to make any payment for an amount surrendered by any other company (other than another Group Company) under or in connection in with the provisions of section 402 Taxes Act. 8.6.6 8.6.5 The Company is not and has not at any time been a party to any arrangement falling within section 410 Taxes ActAct whereby it may be treated as not being a member of the same group for the purposes of group relief or as any other Group Company. 8.6.7 The 8.6.6 There are set out in the Disclosure Letter details of all outstanding elections made by the Company has not made or purported to make any election under section 247 Taxes Act. 8.6.8 The Company has not made nor received nor purported to make or receive any surrender of the benefit of ACT under section 240 Taxes Act. 8.6.9 8.6.7 The Company is not liable to be assessed to any Taxation under the provisions of section 190 TCGATCGA in respect of any chargeable gain accruing to any company (other than another Group Company). 8.6.8 In the 3 years ending with the date of this Agreement, no Group Company has been treated as a member of the same group for Taxation purposes as any other company other than any Group Company or any member of the Vendor's Group.

Group arrangements. 8.6.1 8.5.1 The Company has never been a member of any group of companies for any Taxation purposepurpose other than of the Group. 8.6.2 8.5.2 The Company has will not ceased cease to be a member of a group of companies for the purposes of sections 178 and 179 TCGA and will not cease to be a member of such a group as a result of Completion. 8.6.3 8.5.3 The Company has not at any time within the period of six years ending with the date of this agreement, acquired any assets other than trading stock from any company which, at the time of the acquisition, was a member of the same group (as defined in section 170 TCGA) as the Company. 8.6.4 8.5.4 The Disclosure Letter sets out full details of any surrender or agreement to surrender, or acceptance or agreement to accept the surrender, by the Company of any amount by way of group relief under the provisions of sections 402, 403 and 407 to 413 Taxes Act. 8.6.5 8.5.5 All claims for group relief made by the Company were valid and have been or will be allowed by way of relief from corporation tax and the Company is not and will not, as a result of anything done before the date of this agreement, become liable to make any payment for an amount surrendered by any other company under or in connection in with the provisions of section 402 Taxes Act. 8.6.6 8.5.6 The Company is not and has not at any time been party to any arrangement falling within section 410 Taxes Act. 8.6.7 8.5.7 The Company has not made or purported to make any election under section 247 Taxes Act. 8.6.8 8.5.8 The Company has not made nor received nor purported to make or receive any surrender of the benefit of ACT under section 240 Taxes Act. 8.6.9 The Company is not liable to be assessed to any Taxation under the provisions of section 190 TCGA.