Subsidiary undertaking

Past version: Effective from 01 Jan 2011 to 31 Mar 2012
To view other versions open the versions tab on the right

A company or other enterprise controlled by another company or enterprise (the parent or the holding company), including any other legal entity or other forms such as contractual agreements, where the licensee exercises a majority shareholding or has majority voting control by virtue of direct ownership or by proxy/nominee arrangements.

Added: January 2011