Participating interest

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Revision as of 14:10, 21 August 2013 by imported>Doug Williamson (Spacing 21/8/13)
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Accounting.

In connection with the definition of 'parent' and 'subsidiary undertakings', an interest held by an undertaking in the shares of another undertaking which it holds on a long-term basis for the purpose of securing a contribution to its activities by the exercise of control on influence arising from that interest.


See also