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Section 181: Acquiring control

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part XII: Control Over Authorised Persons

For the purposes of this Part, a person ("A") acquires control over a UK authorised person ("B") if any of the cases in subsection (2) begin to apply.

The cases are where A holds—

10% or more of the shares in B or in a parent undertaking of B ("P");
10% or more of the voting power in B or P; or
shares or voting power in B or P as a result of which A is able to exercise significant influence over the management of B.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.