Part 2Terrorist financing, money laundering etc.
Directions in particular cases
49Directions in relation to subsidiaries
(1)
Paragraph 9 of Schedule 7 to the Counter-Terrorism Act 2008 (requirements that may be imposed by a direction) is amended as follows.
(2)
In sub-paragraph (1), after paragraph (c), insert—
“(d)
a company that is a subsidiary of a company within paragraph (a) or (c).”
(3)
After sub-paragraph (6) insert—
“(7)
In this paragraph “subsidiary” has the meaning given by section 1159 of the Companies Act 2006 (and “company” has the same meaning as in that section).”