C4-1.1.6
For the purposes of Paragraph C4-1.1.5, ‘associate’ includes:
(a) In the case of natural persons, a member of the controller’s family ;
(b) If the controller is a legal person, a Director , an employee, a partner of the controller , a subsidiary of the controller , or a Director of any subsidiary undertaking of the controller ; and
(c) Any other person or undertaking with which the controller has entered into an agreement or arrangement as to the acquisition, holding or disposal of shares or other interests in the licensee , or under which they undertake to act together in exercising their voting power in relation to the licensee.
Added: January 2022