Section 182

For the purposes of this Part, a person (“A”) increases control over a UK authorised person (“B”) whenever— the percentage of shares which A holds in B or in a parent undertaking of B (“P”) increases by any of the steps mentioned in subsection (2); the percentage of voting power A holds in B or P increases by any of the steps mentioned in subsection (2); or A becomes a parent undertaking of B. The steps are— from less than 20% to 20% or more; from less than 30% to 30% or more; from less than 50% to 50% or more.

← 2 · All articles · 1 →

Source: legislation.gov.uk · retrieved 2026-09-04