{
  "url": "https://openlegislation.uk/companies-act-1989/schedule-7/part-I/paragraph-5",
  "json_url": "https://openlegislation.uk/companies-act-1989/schedule-7/part-I/paragraph-5.json",
  "legislation": "ukpga/1989/40",
  "legislation_title": "Companies Act 1989",
  "legislation_url": "https://openlegislation.uk/companies-act-1989",
  "path": "schedule/7/part/I/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": null,
  "text": "(1) Before paragraph 19 of that Schedule insert the heading “ Provisions where company is parent company or subsidiary undertaking ”;and that paragraph is amended as follows.\n(2) In sub-paragraph (1) for the words from “is a holding company” onwards substitute “ is a parent company ”.\n(3) In sub-paragraph (2)—\n(a) for “subsidiaries” (four times) substitute “ subsidiary undertakings ”, and\n(b) in paragraph (a), for “Part I” substitute “ paragraphs 5, 6, 10, 13 and 14 ”.\n(4) Omit sub-paragraphs (3) to (7).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1989/40/schedule/7/part/I/paragraph/5",
    "retrieved_at": "2026-10-29T09:45:50.516840+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}