[421A Meaning of “participating interest”]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[421A  Meaning of “participating interest”]

[(1)     In section 421 a “participating interest” means an interest held by an undertaking in the shares of another undertaking which it holds on a long-term basis for the purpose of securing a contribution to its activities by the exercise of control

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