VCM55190 - VCT: VCT qualifying holdings: control requirement
ITA07/S296(1)
The relevant company must not control (whether on its own or with any person connected with it) any company which is not a qualifying subsidiary of the relevant company, and there must be no arrangements in place which could result in that happening.
See VCM55210 for the meaning of 鈥榗ontrol鈥� in this section, and VCM55230 for the meaning of 鈥榗onnected鈥�.