Subsidiary

Has the meaning given in Schedule 1 to the Companies Law and, without limiting the generality of that definition, is taken to include, in relation to a relevant Body Corporate (the Holding Company), the Holding Company's ultimate Subsidiary and any Subsidiary between the Holding Company and the Holding Company's ultimate Subsidiary.

Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]
Amended in accordance with Notice of Amendments to Legislation April 2011 [VER24/02-11]
[Amended] RM162/2015 (Made 9th December 2015). [VER34/02-16]
[Amended] DFSA RMI269/2020 (Made 26th February 2020). [VER47/04-20]