42.4 Indirect demerger: special conditionsIn the case of an indirect demerger, several further conditions must be satisfied1:42.4.1 Condition G: if the demerger involves the transfer of a trade, the distributing company must either not retain any interest, or retain only a minor interest in that trade;42.4.2 Condition H: if the demerger involves the transfer of shares in a subsidiary, the distributing company must transfer the whole or substantially the whole of its holding of the ordinary share capital in that subsidiary, and must confer the whole or substantially the whole of
In the case of an indirect demerger, several further conditions must be satisfied1:
Condition G: if the demerger involves the transfer of a trade, the distributing company must either not retain any interest, or retain only a minor interest in that trade;
Condition H: if the demerger involves the transfer of shares in a subsidiary, the distributing company must transfer the whole or substantially the whole of its holding of the ordinary share capital in that subsidiary, and must confer the whole or substantially the whole of
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
0330 161 1234