SCHEDULES

C6C7SCHEDULE 7Parent and subsidiary undertakings: supplementary provisions

Annotations:
Modifications etc. (not altering text)
C7

Sch. 7 modified (14.3.2012) by Charities Act 2011 (c. 25), ss. 55(3), 58, 355 (with ss. 20(2), 59, Sch. 8)

Rights held by one person on behalf of another

C1C2C3C4C57

1

Rights held by a person as nominee for another shall be treated as held by the other.

2

Rights shall be regarded as held as nominee for another if they are exercisable only on his instructions or with his consent or concurrence.