# The Overseas Companies Regulations 2009, Paragraph 10: Associated undertakings


An “associated undertaking” means an undertaking in which an undertaking included in the consolidation has a participating interest and over whose operating and financial policy it exercises a significant influence, and which is not—
(a) a subsidiary undertaking of the parent company, or
(b) a joint venture dealt with in accordance with paragraph 9.

---
Source: https://www.legislation.gov.uk/ukdsi/2009/9780111479476/schedule/5/paragraph/10 (the official version)
Page: https://openlegislation.uk/draft-overseas-companies-regulations-2009/schedule-5/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.