OpenLegislation

Paragraph 2 Liabilities, etc.: liabilities to group undertakings, etc.

Original text. Later amendments are not shown.

Any liability of ACo—

(a)

to any person which is not a group undertaking in relation to ACo, but

(b)

where the liability has at any previous time been a liability of ACo to an undertaking which was at that time a group undertaking in relation to ACo.