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Companies Act 1985
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- UK Public General Acts
- 1985 c. 6
- SCHEDULE 9A
- Part II
- Undertakings to be included...
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Changes over time for: Cross Heading: Undertakings to be included in consolidation
No versions valid at: 02/10/1991
Alternative versions:
- 02/12/1991- Amendment
- 02/10/1991
Point in time - 19/12/1993- Amendment
- 01/03/1997- Amendment
- 06/04/2008- Amendment
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Valid from 02/12/1991
F1 Undertakings to be included in consolidationE+W+S
Textual Amendments
F1Sch. 9: by virtue of S.I. 1991/2705, regs. 5(1), 9, Pts. I and II of Sch. 9 have formed (2.12.1991) a new Schedule numbered Schedule 9A.
F21The following descriptions of undertaking shall not be excluded from consolidation under section 229(4) (exclusion of undertakings whose activities are different from those of the undertakings consolidated)—
(a)in the case of a banking group, an undertaking (other than a credit institution) whose activities are a direct extension of or ancillary to banking business;
(b)in the case of an insurance group, an undertaking (other than one carrying on insurance business) whose activities are a direct extension of or ancillary to insurance business.
For the purposes of paragraph (a) “banking” means the carrying on of a deposit-taking business within the meaning of the Banking Act F31987.
Textual Amendments
F2Sch. 9: by virtue of S.I. 1991/2705, regs. 5(1), 9, Pts. I and II of Sch. 9 have formed (2.12.1991) a new Schedule numbered Schedule 9A.
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