131 Building liability orders: associates
Building Safety Act 2022 (2022 c 30) | Legislation

131  Building liability orders: associates

(1)     For the purposes of section 130, a body corporate (A) is associated with another body corporate (B) if—

(a)     one of them controls the other, or

(b)     a third body corporate controls both of them.

Subsections (2) to (4) set out the cases in which a body corporate is regarded as controlling another body corporate.

(2)     A body corporate (X) controls a company (Y) if X possesses or is entitled to acquire—

(a)     at least half of the issued share capital of Y,

(b)     such rights as would entitle X to exercise at least half of the votes exercisable

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