SCHEDULES

F1F1SCHEDULE 10A

Annotations:
Amendments (Textual)

F2 Rights attributed to parent undertaking

Annotations:
Amendments (Textual)
F2

Sch. 10A added by Companies Act 1989 (c. 40, SIF 27), ss. 21(2), 213(2), Sch. 9 (subject to the transitional and saving provisions mentioned in S.I. 1990/355, arts. 6–9)

C19

1

Rights shall be treated as held by a parent undertaking if they are held by any of its subsidiary undertakings.

2

Nothing in paragraph 7 or 8 shall be construed as requiring rights held by a parent undertaking to be treated as held by any of its subsidiary undertakings.

3

For the purposes of paragraph 8 rights shall be treated as being exercisable in accordance with the instructions or in the interests of an undertaking if they are exercisable in accordance with the instructions of or, as the case may be, in the interests of any group undertaking.