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consolidation group
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(1) the following:
(a) a
conventional group
; or
(b)
undertakings
linked by a
consolidation Article 12(1) relationship
.
If a
parent undertaking
or
subsidiary undertaking
in a
conventional group
(the first person) has a
consolidation Article 12(1) relationship
with another
person
(the second person), the second person (and any
subsidiary undertaking
of the second person) is also a member of the same
consolidation group
.
(2) [deleted]
Glossary
Legal Instruments