Regulations 4 and 14.
18. In this Schedule, a company is connected with another company if it is -
(a) a subsidiary of that other company, or
(b) a holding company of that other company, or
(c) a subsidiary of the holding company of that other company.
19. In this Schedule, a debt is fully secured on land if the amount that would be realised on the sale of that land at a price equal to the most recent proper valuation of that land would (after deducting the reasonable expenses of sale) be sufficient to enable that debt (and any other obligation secured on that land which has priority to or ranks equally with that debt) to be discharged in full.