Paragraph 2

(1)

Section 382 (introduction to Chapter) is amended as follows.

(2)

In subsection (1)—

(a)

for “qualifying change of ownership in relation to” substitute “ relevant change in the relationship between ”, and

(b)

insert at the end “ and a principal company of the company. ”

(3)

In subsection (3), for “ “qualifying change of ownership”, see sections 392 to 398.” substitute “relevant change in the relationship between a company and a principal company of the company”, see sections 392 to 394. ”