1152 Meaning of “associate”

1152  Meaning of “associate”

(1)     This section defines “associate” for the purposes of section 1151 (valuation: independence requirement).

(2)     In relation to an individual, “associate” means—

(a)     that individual's spouse or civil partner or minor child or step-child,

(b)     any body corporate of which that individual is a director,

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