# The Mutual Societies (Transfers) Order 2009, Article 14: Issue of statement or summary to members


Regulation 2 of the 1998 Regulations (interpretation) applies in relation to a relevant transfer with the following modifications—
(a) in the definition of “group”, before “shall be construed” insert “(except in the term “immediate group”)”;
(b) after the definition of “group” insert—
““immediate group”, in relation to a successor company, means the immediate parent undertaking of that company and any subsidiary undertakings of that immediate parent undertaking, but does not include any parent undertaking of that immediate parent undertaking.”.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111472927/article/14 (the official version)
Page: https://openlegislation.uk/draft-mutual-societies-transfers-order-2009/article-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.