Part 2Regulation of Social Housing

Chapter 8General

Interpretation

271Subsidiary and associate

F1(1)

A person (“A”) is a subsidiary of another person (“B”) if—

(a)

A is a subsidiary undertaking in relation to B for the purposes of the Companies Acts (see section 1162 of, and Schedule 7 to, the Companies Act 2006), or

(b)

A would be a subsidiary undertaking in relation to B for those purposes if “undertaking” were defined for those purposes to mean any person.

(6)

“Associate” of a provider means—

(a)

a body of which the provider is a subsidiary, and

(b)

any other subsidiary of that body.