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<p>"holding company", if that other company:<br/>
* holds a majority of the voting rights in it, or<br/>
* is a member of it and has the right to appoint or remove a majority of its board of directors, or<br/>
* is a member of it and controls alone, pursuant to an agreement with other members, a majority of the voting rights in it, or if it is a subsidiary of a company that is itself a subsidiary of that other company.</p>

<p>The second definition is broader. According to s.1162 of the Companies Act 2006, an undertaking is a parent undertaking</p><p>
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