This section has no associated Explanatory Memorandum
17.—(1) Article 23 (business changes and relevant measures) is amended as follows.U.K.
(2) In paragraph (1)(a) for “group entity” substitute “ parent undertaking ”.
(3) In paragraph (1)(b) for “the entity” substitute “ the UK parent undertaking ”.
(4) In paragraph (2)—
(a)in the opening words, omit the words from “Subject to” to “relevant matters,”;
(b)in sub-paragraph (a), for “group entity” substitute “ parent undertaking ”;
(c)in sub-paragraph (b), for “the entity” in each case substitute “ the UK parent undertaking ”.
Commencement Information
I1Sch. 3 para. 17 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)