295 Arrangements that reflect receipts (JV participants)
Finance (No 2) Act 2023 (2023 c 30) | Legislation

295  Arrangements that reflect receipts (JV participants)

(1)     Subsection (2) applies to generation if—

(a)     the generation is attributed to a joint venture undertaking, other than in accordance with this section or sections 294, 296 or 297,

(b)     a participant (“Q”) in the joint venture (“the JV”) that comprises, or is the principal member of, the joint venture undertaking is party to arrangements that result in amounts arising by reference to the generation,

(c)     those amounts would, if the joint venture undertaking, or a member of

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