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HA 1: What this subpart does
or “This subpart explains how companies can choose special tax treatment as qualifying companies”
You could also call this:

“Definition of a qualifying company for tax purposes”

In this law, a qualifying company is a type of business that isn’t a unit trust. To be a qualifying company, the business needs to follow certain rules for the whole year. These rules are explained in other parts of the law called sections HA 5 to HA 9. If you want to know more about what makes a company a qualifying company, you can look at those sections for the details.

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Next up: HA 3: Meaning of loss-attributing qualifying company

or “Definition of a now-obsolete type of company in tax law”
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Part H Taxation of certain entities
Qualifying companies (QC)

HA 2Meaning of qualifying company

  1. In this Act, a qualifying company means a company other than a unit trust that, for the whole of an income year, meets the requirements of sections HA 5 to HA 9.

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