Content Options

Content Options

View Options


    19(for the purposes of ELM and PRU 8 (Group risk)):

      1. (a) a participating interest as defined in section 260 of the Companies Act 1985; or
      1. (b) the direct or indirect ownership of 20% or more of the voting rights or capital of an undertaking;

    but excluding the interest of a parent undertaking in its subsidiary undertaking.