# Companies Act 1989, Paragraph 5

Extent: E+W+S+N.I.

(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.
(2) In sub-paragraph (1) for the words from “is a holding company” onwards substitute “ is a parent company ”.
(3) In sub-paragraph (2)—
(a) for “subsidiaries” (four times) substitute “ subsidiary undertakings ”, and
(b) in paragraph (a), for “Part I” substitute “ paragraphs 5, 6, 10, 13 and 14 ”.
(4) Omit sub-paragraphs (3) to (7).

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Source: https://www.legislation.gov.uk/ukpga/1989/40/schedule/7/part/I/paragraph/5 (the official version)
Page: https://openlegislation.uk/companies-act-1989/schedule-7/part-I/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

