Company's own accounts
(1) This Part applies where the company is a parent undertaking, whether or not it is itself a subsidiary undertaking.
(2) Where a company is a parent undertaking or a subsidiary undertaking and any item required by Part I of this Schedule to be shown in the company's balance sheet, in relation to group undertakings, includes -
(a) amounts attributable to dealings with or interests in any parent undertaking or fellow subsidiary undertaking, or
(b) amounts attributable to dealings with or interests in any subsidiary undertaking of the company,
the aggregate amounts within paragraph (a) and (b) respectively shall be shown as separate items, either by way of subdivision of the relevant item in the balance sheet or in a note to the company's accounts.
Guarantees and other financial commitments in favour of group undertakings
45A. Commitments within any of subparagraphs (1) to (6) of paragraph 36 (guarantees and other financial commitments) which are undertak