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Co-operative Housing and Starr-Bowkett Societies Act 1998
7Interpretation—meaning of “holding society”
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7 Interpretation—meaning of “holding society”
7 Interpretation—meaning of “holding society”
A society is a holding society if the society—
(a) controlled another entity during all or part of a financial year of the society, or
(b) controlled another entity at the end of a financial year of the society.