27 Time when enterprises cease to be distinct
Enterprise Act 2002 (2002 c 40) | Legislation

27  Time when enterprises cease to be distinct

(1)     Subsection (2) applies in relation to any arrangements or transaction—

(a)     not having immediate effect or having immediate effect only in part; but

(b)     under or in consequence of which any two enterprises cease to be distinct enterprises.

(2)     The time when the parties to any such arrangements or transaction become bound to such extent as will result, on effect being given to their obligations, in the enterprises ceasing to be distinct

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