# Finance Act 2011, Paragraph 8


The relevant group is a “ UK banking group” if—
(a) the group is a banking group (see paragraph 12), and
(b) the parent entity is a UK resident entity.

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Source: https://www.legislation.gov.uk/ukpga/2011/11/schedule/19/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-2011/schedule-19/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.