consolidation group
22the following:
- (a) a conventional group; or
- (b) undertakings linked by a consolidation Article 12(1) relationship.
If a parent undertaking or subsidiary undertaking in a conventional group (the first person) has a consolidation Article 12(1) relationship with another person (the second person), the second person (and any subsidiary undertaking of the second person) is also a member of the same consolidation group.