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Paragraph 16 Acquisition and merger accounting

Original text. Later amendments are not shown.

The information required by paragraph 13, 14 or 15 need not be disclosed with respect to an undertaking which—

(a)

is established under the law of a country outside the United Kingdom, or

(b)

carries on business outside the United Kingdom,

if in the opinion of the members of the parent LLP the disclosure would be seriously prejudicial to the business of that undertaking or to the business of the parent LLP or any of its subsidiary undertakings and the Secretary of State agrees that the information should not be disclosed.