Full legislation
s.2B
Construction of references to parent company, etc.
(1)
A reference in this Ordinance to parent company, parent undertaking or
subsidiary undertaking shall be construed in accordance with the
Twenty-third
Schedule
.
(2)
A reference in a provision specified under subsection (3) for the purposes of
this
subsection—
(a)
to a holding company shall be deemed to include a parent company;
(b)
to a subsidiary or subsidiary company shall be deemed to include a
subsidiary undertaking; and
(c)
to shares or an undertaking shall be construed in accordance with the
Twenty-third Schedule
.
(3)
The provisions specified for the purposes of subsection (2) are the
Third
Schedule
and the
Fourth Schedule
.
(Amended
28 of 2012 ss. 912 & 920
)
(4)
The Secretary for Financial Services and the Treasury may, by notice published
in the Gazette, amend subsection (3).