Corporation Tax Act 2009 section 769

Continuity of identity of group

Section 769 establishes the rules for determining when a group of companies retains its identity, particularly when the principal company changes or when a company is wound up.

• A group retains its identity for the purposes of this Part as long as the same company remains the principal company of that group.
• If the principal company of one group becomes a member of another group, both groups are treated as the same single group, and membership questions are determined on that basis.
• Winding up a company — whether by resolution, court order, or any other act — does not cause that company or any other company to cease being a member of the group.
• These rules ensure continuity and prevent unintended loss of group status during corporate restructurings or insolvency events.