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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 6 April 2008 - onwards
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421. Group

(1) In this Act "group", in relation to a person ("A"), means A and any person who is - (a)a parent undertaking of A; (b)a subsidiary undertaking of A; (c)a subsidiary undertaking of a parent undertaking of A; (d)a parent undertaking of a subsidiary undertaking of A; (e) an undertaking in which A or an undertaking mentioned in paragraph (a), (b), (c) or (d) has a participating interest; (f) if A or an undertaking mentioned in paragraph (a) or (d) is a building society, an associated undertaking of the society; or (g) if A or an undertaking mentioned in paragraph (a) or (d) is an incorporated friendly society, a body corporate of which the society has joint control (within the meaning of section 13(9)(c) or (cc) of the Friendly Societies Act 1992 [1992 c. 40.]).

(2) "Participating interest" has the meaning given in section 421A; but also includes an interest held by an individual which would be a participating interest for the purposes of those provisions

Comparing proposed amendment...