§ Amendments made: No. 15, in page 204, line 14, at end insert—
§ '11 A.—(1 ) Where a group is acquired, paragraphs 9 to 11 apply with the following adaptations.
§ (2) References to shares of the undertaking acquired shall be construed as references to shares of the parent undertaking of the group.
§ (3) Other references to the undertaking acquired shall be construed as references to the group; and references to the assets and liabilities, income and expenditure and capital and reserves of the undertaking acquired shall he construed as references to the assets and liabilities, income and expenditure and capital and reserves of the group after making the set-offs and other adjustments required by this Schedule in the case of group accounts.'.
§ No. 16, in page 206, line 44, leave out from 'matters' to end of line 27 on page 207 insert—
§ (4) The provisions of paragraphs 5 to 11 of Schedule 10A (rights to be taken into account and attribution of rights) apply in determining for the purposes of this paragraph whether an undertaking holds 20 per cent. or more of the voting rights in another undertaking.'.—[Mr. Redwood.]