138 Subsidiary acting as personal representative or trustee
Companies Act 2006 (2006 c 46) | Legislation

Subsidiary acting as personal representative or trustee

138  Subsidiary acting as personal representative or trustee

(1)     The prohibition in section 136 (prohibition on subsidiary being a member of its holding company) does not apply where the subsidiary is concerned only—

(a)     as personal representative, or

(b)     as trustee,

unless, in the

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