Part III Application of Act in particular cases

43DF1Groups: duplication

1

A body corporate may not be treated as a member of more than one group at a time.

2

A body which is a member of one group is not eligible by virtue of section 43A to be treated as a member of another group.

3

If—

a

an application under section 43B(1) would have effect from a time in accordance with section 43B(4), but

b

at that time one or more of the bodies specified in the application is a member of a group (other than that to which the application relates),

the application shall have effect from that time, but with the exclusion of the body or bodies mentioned in paragraph (b).

4

If—

a

an application under section 43B(2)(a) would have effect from a time in accordance with section 43B(4), but

b

at that time the body specified in the application is a member of a group (other than that to which the application relates),

the application shall have no effect.

5

Where a body is a subject of two or more applications under section 43B(1) or (2)(a) that have not been granted or refused, the applications shall have no effect.