OpenLegislation

Paragraph 9

Original text. Later amendments are not shown.

(1)

The eighth transaction is a transfer within sub-paragraph (2) to the reporting body or a group company.

(2)

A transfer is within this sub-paragraph if it—

(a)

is not by the reporting body,

(b)

is of shares or debentures of a foreign subsidiary in which the reporting body has an interest, and

(c)

is permitted or caused by the reporting body.