F1mod. by SI 2005/18
55.—(1) In this Part—
“address” means—
in relation to an individual, his usual residential or business address, and
in relation to a firm, its registered or principal office in Northern Ireland;
“company” means any company or other body to which Article 392 of the 1986 Order [F2or section 485 of the Companies Act 2006] (duty to appoint auditors) applies;
“director”, in relation to a body corporate, includes any person occupying in relation to it the position of a director (by whatever name called) and any person in accordance with whose directions or instructions (not being advice given in a professional capacity) the directors of the body are accustomed to act;
“firm” means a body corporate or a partnership;
“group”, in relation to a body corporate, means the body corporate, any other body corporate which is its holding company or subsidiary and any other body corporate which is a subsidiary of that holding company;
“holding company” and “subsidiary” have the meaning given by Article 4 of the 1986 Order;
“parent undertaking” and “subsidiary undertaking” have the same meaning as in Part VIII of the 1986 Order.
(2) For the purposes of this Part a body shall be regarded as “established in the United Kingdom” if and only if—
(a)it is incorporated or formed under the law of the United Kingdom or a part of the United Kingdom, or
(b)its central management and control is exercised in the United Kingdom;
and any reference to a qualification “obtained in the United Kingdom” is to a qualification obtained from such a body.
F2Words in art. 55(1) in definition of "company" inserted (1.10.2007) by Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194), arts. 1(3)(a), 10(1), Sch. 4 para. 65 (with savings in art. 12)