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Companies Act 1985
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- UK Public General Acts
- 1985 c. 6
- SCHEDULE 10A
- Rights attributed to parent...
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Changes over time for: Cross Heading: Rights attributed to parent undertaking
Version Superseded: 06/04/2008
Alternative versions:
- 01/02/1991- Amendment
- 06/04/1997
Point in time - 06/04/2008- Amendment
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Point in time view as at 06/04/1997.
Changes to legislation:
There are currently no known outstanding effects for the Companies Act 1985, Cross Heading: Rights attributed to parent undertaking.
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[F1 Rights attributed to parent undertaking]E+W+S
Textual Amendments
F1Sch. 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)
9(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.
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