consortium company
A company of which at least 75% of the ordinary share capital is beneficially owned by companies, none of which owns less than 5% of that ordinary share capital (section 413(6), Income and Corporation Taxes Act 1988).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • consortium relief — Companies which do not qualify for group relief may qualify for consortium relief. Where a company is owned by a consortium company, group relief can be surrendered from the consortium to companies in the same group as the consortium members and… …   Law dictionary

  • consortium relief — A modified form of group relief applying to consortia. A consortium is held to exist if 20 or fewer companies each own at least 5% of the ordinary share capital of the consortium company and together the consortium members hold at least 75% of… …   Accounting dictionary

  • consortium relief — A modified form of group relief applying to consortia. A consortium is held to exist if 20 or fewer companies each own at least 5% of the ordinary share capital of the consortium company and together the consortium members hold at least 75% of… …   Big dictionary of business and management

  • consortium — con·sor·tium /kən sȯr shəm; shē əm/ n pl sor·tia / shə, shē ə/ also sortiums [Latin, sharing, partnership, from consort consors sharer, partner] 1: an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond… …   Law dictionary

  • Consortium (VNIT) — CONSORTIUM Organisation type Student run non profit business event Founded 2010 Place Nagpur, India Institute VNIT, Nagpur [1] …   Wikipedia

  • Consortium for Research on Renewable Industrial Materials — Abbreviation CORRIM Website http://www.corrim.org/ The Consortium for Research on Renewable Industrial Materials (CORRIM) is a non profit organization dedicated to developing life cycle assessment (LCA) data related to wood based materials and… …   Wikipedia

  • Consortium — This article is about the type of voluntary association. For other uses, see Consortium (disambiguation). A consortium is an association of two or more individuals, companies, organizations or governments (or any combination of these entities)… …   Wikipedia

  • consortium — /k3nsorsh(iy)3m/ Conjugal fellowship of husband and wife, and the right of each to the company, society, co operation, affection, and aid of the other in every conjugal relation. Roseberry v. Starkovich, 73 N.M. 211, 387 P.2d 321, 322. Loss of… …   Black's law dictionary

  • consortium — /k3nsorsh(iy)3m/ Conjugal fellowship of husband and wife, and the right of each to the company, society, co operation, affection, and aid of the other in every conjugal relation. Roseberry v. Starkovich, 73 N.M. 211, 387 P.2d 321, 322. Loss of… …   Black's law dictionary

  • Consortium of European Research Libraries — CERL ist die Abkürzung für engl. Consortium of European Research Libraries, in dem sich über 60 namhafte, hauptsächlich europäische Forschungsbibliotheken mit dem Ziel zusammengeschlossen haben, gemeinsam technische Lösungen wie die The Heritage… …   Deutsch Wikipedia

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