Regulation 23
Definitions of this Part
of Banking (Merchant Banks) Regulations 2021
Subsidiary LegislationIn forceProvision 23 of 41
Regulation 23
In this Part —“holding company” has the meaning given by section 5 of the Companies Act;“qualified major stake entity”, in relation to a merchant bank, means an affiliated entity of the merchant bank in which the merchant bank holds a major stake.
Definition
“holding company” has the meaning given by section 5 of the Companies Act;
Definition
“qualified major stake entity”, in relation to a merchant bank, means an affiliated entity of the merchant bank in which the merchant bank holds a major stake.