Companies Act 2014
Assurance company holding shares in its holding company | ||
1443. In the case of— | ||
(a) a designated activity company, | ||
(b) a public limited company, or | ||
(c) an unlimited company, | ||
that is an assurance company within the meaning of section 62 of the Insurance Act 1989 , neither section 113 nor section 114 , other than subsection (2)(b)(i), shall apply to shares subscribed for, purchased or held by it in its holding company pursuant to that section 62 . |