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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 30 November 1997 - onwards
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Schedule 11, Part 1 Interpretation (paras. 1-2)

Section 510.

1. In this Schedule, "control" shall be construed in accordance with section 432.

2. For the purposes of this Schedule, a company shall be a member of a consortium owning another company if it is one of not more than 5 companies which between them beneficially own not less than 75 per cent of the other company's ordinary share capital and each of which beneficially owns not less than 5 per cent of that capital.

Comparing proposed amendment...