Document ID: chunk:federal_register_of_legislation:C2004A01719:body:0:p4
Version: federal_register_of_legislation:C2004A01719
Segment Type: other
Provision Reference: 
Character Range: 7967–10481

noun otherwise than as mentioned in paragraph (a), shall be read as a reference to the doing of or the refusing to do any act, including the making of, or the giving effect to a provision of, a contract or arrangement, the arriving at, or the giving effect to a provision of, an understanding or the requiring of the giving of, or the giving of, a covenant;
     (c) a reference to refusing to do an act includes a reference to—
       (i) refraining (otherwise than inadvertently) from doing that act; or
       (ii) making it known that that act will not be done; and
     (d) a reference to a person offering to do an act, or to do an act on a particular condition, includes a reference to the person making it known that the person will accept applications, offers or proposals for the person to do that act or to do that act on that condition, as the case may be.
"(3) Where a provision of this Act is expressed to render a provision of a contract, or to render a covenant, unenforceable if the provision of the contract or the covenant has or is likely to have a particular effect, that provision of this Act applies in relation to the provision of the contract or the covenant at any time when the provision of the contract or the covenant has or is likely to have that effect notwithstanding that—
     (a) at an earlier time the provision of the contract or the covenant did not have that effect or was not regarded as likely to have that effect; or
     (b) the provision of the contract or the covenant will not or may not have that effect at a later time.
"(4) In this Act—
(a) a reference to the acquisition of shares in the capital of a body corporate shall be construed as a reference to an acquisition, whether alone or jointly with another person, of any legal or equitable interest in such shares; and
(b) a reference to the acquisition of assets of a body corporate shall be construed as a reference to an acquisition, whether alone or jointly with another person, of any legal or equitable interest in such assets but does not include a reference to an acquisition by way of charge only or an acquisition in the ordinary course of business.".
6. After section 4 of the Principal Act the following sections are inserted: —

Subsidiary, holding and related bodies corporate.
"4a. (1) For the purposes of this Act, a body corporate shall, subject to sub-section (3), be deemed to be a subsidiary of another body corporate if—
     (a) that other body corporate—
       (i) controls the composition