{
  "url": "https://openlegislation.uk/companies-northern-ireland-order-1986-revoked/article-4",
  "json_url": "https://openlegislation.uk/companies-northern-ireland-order-1986-revoked/article-4.json",
  "legislation": "nisi/1986/1032",
  "legislation_title": "The Companies (Northern Ireland) Order 1986 (revoked)",
  "legislation_url": "https://openlegislation.uk/companies-northern-ireland-order-1986-revoked",
  "path": "article/4",
  "kind": "article",
  "number": "4",
  "heading": "“ Subsidiary ”, “ holding company ” and “ wholly-owned subsidiary ”",
  "text": "(1 ) A company is a “subsidiary” of another company, its “holding company”, if that other company—\n(a) holds a majority of the voting rights in it, or\n(b) is a member of it and has the right to appoint or remove a majority of its board of directors, or\n(c) is a member of it and controls alone, pursuant to an agreement with other shareholders or members, a majority of the voting rights in it,\nor if it is a subsidiary of a company which is itself a subsidiary of that other company.\n(2 ) A company is a “wholly-owned subsidiary” of another company if it has no members except that other and that other's wholly-owned subsidiaries or persons acting on behalf of that other or its wholly-owned subsidiaries.\n(3) In this Article “company” includes any body corporate.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "1990 NI 10, art. 62(1)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "mod. by SR 2004/307"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisi/1986/1032/article/4",
    "retrieved_at": "2026-10-29T04:48:35.100869+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."
}