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Section 182: Increasing 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") increases control over a UK authorised person ("B") whenever—

the percentage of shares which A holds in B or in a parent undertaking of B ("P") increases by any of the steps mentioned in subsection (2);
the percentage of voting power A holds in B or P increases by any of the steps mentioned in subsection (2); or
A becomes a parent undertaking of B.

The steps are—

from less than 20% to 20% or more;
from less than 30% to 30% or more;
from less than 50% to 50% or more.

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.