Schedule 3, Part 1, paragraph 5(5)

In subsection (5) after the definition of “authorised person” insert— “qualifying parent undertaking” means— a qualifying parent undertaking within the meaning given by section 192B; or an undertaking which— is a parent undertaking of an institution (within the meaning given in section 137J(6) ) authorised in another EEA State; and would be a qualifying parent undertaking within the meaning given by section 192B if the institution were a qualifying authorised person within the meaning given by section 192A(1) .

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