Paragraph 7
England, Wales and Scotland
(1)
The following provisions apply where an undertaking becomes a subsidiary undertaking of the parent company.
(2)
That event is referred to in those provisions as an “acquisition”, and references to the “undertaking acquired” shall be construed accordingly.
Notes on Schedule 4A
Textual amendments
- F1
Sch. 4A repealed (6.4.2008) by Companies Act 2006 (c. 46), ss. 1295, 1300, Sch. 16; S.I. 2007/3495, art. 8(a), Sch. 2 Pt. 1 (with arts. 7, 12)
Notes on Acquisition and merger accounting
Textual amendments
- F1
Sch. 4A inserted (subject to the transitional and saving provisions in S.I. 1990/355, arts. 6–9) by Companies Act 1989 (c. 40, SIF 27), ss. 5(2), 213(2), Sch. 2