Paragraph 7 Change of group
Any undertaking which is a member of a highest parent group, or of a participant formed in accordance with paragraph 3(b) or (c), on the qualification date, and ceases to be part of that group or participant before the compliance date—
(a)
may agree in writing with the highest parent that it will comply with the Scheme as if it were still a member of that group or participant,
(b)
may agree in writing with the highest parent of another highest parent group that it will comply with the Scheme as a member of that group, or
(c)
in the absence of an agreement made in accordance with sub-paragraph (a) or (b), must comply with the Scheme on its own behalf.