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Version date: 1 August 2004 - onwards
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Schedule 4, Part 1 Amendment of European Communities (Consolidated Supervision of Credit Institutions) Regulations 1992 (S.I. No. 396 of 1992)

 Section 34.

Item

Provision affected

Amendment

1.

Regulation 2

(a) In subsection (1), substitute the following definition for the definition of "associated enterprise":

 

 

" ‘associated enterprise', in relation to a credit institution, means—

 

 

(a) a company in respect of which the institution holds—

 

 

(i) not less than 20 per cent of the nominal value of the company's equity share capital, or

 

 

(ii) not less than 20 per cent of the voting shares of the company,

 

 

or

 

 

(b) a subsidiary company of the institution, or

 

 

(c) a holding company of the institution, or

 

 

(d) if the institution is a subsidiary company of another company—

 

 

(i) the other company, or

 

 

(ii) any other subsidiary of the other company,

 

 

or

 

 

(e) an associated company of the institution,

 

 

or

 

 

(f) a partnership in which the i

Comparing proposed amendment...