Article 19 I1

For paragraph 35 substitute —

“35.
Section 116^f1 applies—
(a)
with the reference to subsidiaries in subsection (4) being read as references to subsidiary companies within the meaning of section 232 of the Companies Law (2013 Revision);
(b)
with the reference to a holding company in subsection (4) being read as a reference to “a parent company” within the meaning of section 232 of the Companies Law (2013 Revision); and
(c)
with the omission of subsection (5).”.

Annotations

Commencement

I1: Art. 19 comes into force in accordance with art. 1

Footnotes

f1: Section 116 was amended by S.I. 2009/1941, article 2(1), Schedule 1, paragraph 98(a) and the Enterprise and Regulatory Reform Act 2013 (c.24) section 77(1), (4).