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immediate group

Status: You are viewing the version of the handbook as on 2018-04-01.

immediate group

59(1) (in relation to172 a person ("A")172) (as defined in section 172421ZA of the Act (Immediate group172)):
1. (a) 172A172;
1. (b) a parent undertaking of 172A172;
1. (c) a subsidiary undertaking of 172A172;
1. (d) a subsidiary undertaking of a parent undertaking of 172A172;
1. (e) a parent undertaking of a subsidiary undertaking of172 A172.

(2) (in102 173 BIPRU and in relation to any person 52) has the same meaning as in paragraph (1), with the omission of (1)(e).