3. In regulation 2 (interpretation) for paragraph (3) substitute—
“(3) Sections 1122 and 1123 of CTA 2010 (“connected persons” and “connected persons: supplementary”) apply for the purposes of the definition of “independent persons” except that—
(a)subject to paragraph (b), “control” is to be read in accordance with subsection (2) of section 1124 of CTA 2010; and
(b)in applying subsection (2) of section 1124 of CTA 2010 where Company A is the company issuing the securities, paragraph (b) of that subsection is to be read as if the words “or other document regulating that or any other body corporate” were omitted.”.