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Regulation 9 Qualifying companies

Original text. Later amendments are not shown.

(1)

An unlimited company incorporated in Great Britain is a qualifying company for the purposes of these Regulations if each of its members is—

(a)

a limited company, or

(b)

another unlimited company, or a Scottish firm, each of whose members is a limited company.

(2)

Any reference in paragraph (1) above to a limited company, another unlimited company or a Scottish firm includes a reference to any comparable undertaking incorporated in or formed under the law of any country or territory outside Great Britain.