Section 192K(7)

In this section— “management body” means the board of directors, or if there is no such board, the equivalent body responsible for the management of the undertaking concerned; “member of the senior management” means a person who— exercises executive functions within a qualifying parent undertaking, and is responsible, and directly accountable to the management body, for the day to day management of that qualifying parent undertaking.

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