# The Overseas Companies Regulations 2009, Paragraph 6: Elimination of group transactions


(1) The following provisions apply where an undertaking becomes a subsidiary undertaking of the parent institution.
(2) That event is referred to in those provisions as an “acquisition”, and references to the “undertaking acquired” are to be construed accordingly.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111479476/schedule/7/paragraph/6 (the official version)
Page: https://openlegislation.uk/draft-overseas-companies-regulations-2009/schedule-7/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.