988 Associates
Companies Act 2006 | Legislation


988  Associates

(1)     In this Chapter “associate”, in relation to an offeror, means—

(a)     a nominee of the offeror,

(b)     a holding company, subsidiary or fellow subsidiary of the offeror or a nominee of such a holding company, subsidiary or fellow subsidiary,

(c)     a body corporate in which the offeror is substantially interested,

(d)     a person who is, or is a nominee of, a party to a share acquisition agreement with the offeror, or

(e)     (where the offeror is an individual) his spouse or civil partner and any minor child or step-child of his.

(2)     For the purposes of subsection (1)(b) a company is a fellow subsidiary of another body corporate if both are subsidiar

Popular documents