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Article 175 Commercial air transport – special rule for groups of companiesI1

United Kingdom

(1)

In considering if valuable consideration is given or promised for a flight there is to be disregarded any valuable consideration given or promised for a flight or for the purpose of a flight by one company to another company that is—

(a)

its holding company;

(b)

its subsidiary; or

(c)

another subsidiary of the same holding company.

(2)

For the purposes of this article two or more companies are to be treated as subsidiaries of the same holding company if one (and only one) individual is in such a relationship to them that, if that individual were a holding company, they would be subsidiaries of that company.

(3)

In this article “holding company” and “subsidiary” have the meanings respectively specified in section 1159 of the Companies Act 2006f1.

Annotations

Commencement

I1

Art. 175 in force at 1.5.2015, see art. 1

Footnotes

f1

2006 c.46.