{
  "url": "https://openlegislation.uk/localism-act-2011/schedule-22/paragraph-51",
  "json_url": "https://openlegislation.uk/localism-act-2011/schedule-22/paragraph-51.json",
  "legislation": "ukpga/2011/20",
  "legislation_title": "Localism Act 2011",
  "legislation_url": "https://openlegislation.uk/localism-act-2011",
  "path": "schedule/22/paragraph/51",
  "kind": "paragraph",
  "number": "51",
  "heading": null,
  "text": "(1) Section 408 (transfers of property, rights and liabilities) is amended as follows.\n(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(3) After subsection (8) insert—\n“(9) In subsection (3)(gc) “wholly-owned subsidiary” has the meaning given to it by section 1159 of the Companies Act 2006.\n(10) For the purposes of subsection (3)(gd) and paragraph (b) of this subsection, a body corporate (“C”) is a “subsidiary” of another person (“P”) if—\n(a) P, or P's nominee, is a member of C, or\n(b) C is a subsidiary of a body corporate that is itself a subsidiary of P,\nand, accordingly, the definition of “subsidiary” given by section 424(1) does not apply for those purposes.\n(11) In this section “urban development corporation” means a corporation established by an order under section 135 of the Local Government, Planning and Land Act 1980.”",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 22 para. 51(2) omitted (2.12.2014) by virtue of The Olympic Delivery Authority (Dissolution) Order 2014 (S.I. 2014/3184), art. 1(2), Sch. para. 16(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2011/20/schedule/22/paragraph/51",
    "retrieved_at": "2026-10-29T09:09:15.217969+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}