Paragraph 31 Other significant holdings of parent company or group
(1)
The information required by paragraphs 32 and 33 must be given where at the end of the financial year the group has a significant holding in an undertaking which is not a subsidiary undertaking of the parent company and does not fall within paragraph 26 (joint ventures) or paragraph 27 (associated undertakings).
(2)
A holding is significant for this purpose if—
(a)
it amounts to 20% or more of the nominal value of any class of shares in the undertaking, or
(b)
the amount of the holding (as stated or included in the group accounts) exceeds 20% of the amount of the group’s assets (as so stated).