# Utilities Act 2000, Paragraph 12


(1) For the purposes of this Part of this Schedule a company is an associate of the supplier if—
(a) the company is a wholly owned subsidiary of the supplier;
(b) the supplier is a wholly owned subsidiary of the company; or
(c) the company and the supplier are both wholly owned subsidiaries of another company;
and the company is registered under the Companies Act 1985 as a company limited by shares.
(2) The references in sub-paragraph (2) to a wholly owned subsidiary shall be construed in accordance with section 736 of the Companies Act 1985.

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Source: https://www.legislation.gov.uk/ukpga/2000/27/schedule/7/paragraph/12 (the official version)
Page: https://openlegislation.uk/utilities-act-2000/schedule-7/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.