421 Group
421 Group

(1)     In this Act “group”, in relation to a person (“A”), means A and any person who is—

(a)     a parent undertaking of A;

(b)     a subsidiary undertaking of A;

(c)     a subsidiary undertaking of a parent undertaking of A;

(d)     a parent undertaking of a subsidiary undertaking of A;

(e)     an undertaking in which A or an undertaking mentioned in paragraph (a), (b), (c) or (d) has a participating interest;

(f)     if A or an undertaking mentioned in paragraph (a) or (d) is a building society, an associated undertaking of the society; or