{
  "url": "https://openlegislation.uk/companies-northern-ireland-order-1986-revoked/schedule-6/paragraph-23",
  "json_url": "https://openlegislation.uk/companies-northern-ireland-order-1986-revoked/schedule-6/paragraph-23.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": "schedule/6/paragraph/23",
  "kind": "paragraph",
  "number": "23",
  "heading": null,
  "text": "In paragraph 22(2), heads (c) to (f) do not apply in the case of a loan or quasi-loan made or agreed to be made by a company to or for a body corporate which is either—\n(a) a body corporate of which that company is a wholly-owned subsidiary,or\n(b) a wholly-owned subsidiary of a body corporate of which that company is a wholly-owned subsidiary, or\n(c) a wholly-owned subsidiary of that company,\nif particulars of that loan, quasi-loan or agreement for it would not have been required to be included in that company's annual accounts if the first-mentioned body corporate had not been associated with a director of that company at any time during the relevant period.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "1990 NI 5"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisi/1986/1032/schedule/6/paragraph/23",
    "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."
}