# Financial Services and Markets Act 2000, Section 182: Increasing control


(1) For the purposes of this Part, a person (“A”) increases control over a UK authorised person (“B”) whenever—
(a) the percentage of shares which A holds in B or in a parent undertaking of B (“P”) increases by any of the steps mentioned in subsection (2);
(b) the percentage of voting power A holds in B or P increases by any of the steps mentioned in subsection (2); or
(c) A becomes a parent undertaking of B.
(2) The steps are—
(a) from less than 20% to 20% or more;
(b) from less than 30% to 30% or more;
(c) from less than 50% to 50% or more.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/182 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-182
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.