# Companies Act 2006, Paragraph 3


The second condition is that X holds, directly or indirectly, more than 25% of the voting rights in company Y.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/schedule/1A/paragraph/3 (the official version)
Page: https://openlegislation.uk/companies-act-2006/schedule-1A/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.