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(1)In this Act “group”, in relation to a person (“A”), means A and any person who is—
(a)a parent undertaking of A;
(b)a subsidiary undertaking of A;
(c)a subsidiary undertaking of a parent undertaking of A;
(d)a parent undertaking of a subsidiary undertaking of A;
(e)an undertaking in which A or an undertaking mentioned in paragraph (a), (b), (c) or (d) has a participating interest;
(f)if A or an undertaking mentioned in paragraph (a) or (d) is a building society, an associated undertaking of the society; or
(g)if A or an undertaking mentioned in paragraph (a) or (d) is an incorporated friendly society, a body corporate of which the society has joint control (within the meaning of section 13(9)(c) or (cc) of the [1992 c. 40.] Friendly Societies Act 1992).
(2)“Participating interest” has the same meaning as in Part VII of the [1985 c. 6.] Companies Act 1985 or Part VIII of the [S.I. 1986/1032 (N.I. 6).] Companies (Northern Ireland) Order 1986; but also includes an interest held by an individual which would be a participating interest for the purposes of those provisions if he were taken to be an undertaking.
(3)“Associated undertaking” has the meaning given in section 119(1) of the [1986 c. 53.] Building Societies Act 1986.
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