(1) For the purposes of Part XI of the Act of 1990, in addition to the circumstances where a company (including a body corporate) is deemed to be a subsidiary of a public limited company by virtue of section 155 of the Principal Act, a limited company (including a body corporate) within the meaning of paragraph (2) shall also be deemed to be a subsidiary of a public limited company if, but only if, the public limited company is itself a shareholder or member of the said limited company and controls alone, pursuant to an agreement with other shareholders or members, a majority of the shareholders' or members' voting rights in the company in question.
(2) For the purposes of this Regulation, a limited company (including a body corporate) is a company -
(a) to which Article 1 of the Directive of 1968 applies, or
(b) which is incorporated other than in a Member State of the European Union and is of a legal form comparable to the type of company referred to in paragraph (a).
(3) For the pur
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