Sch 13E para 16
(1) The information required by paragraphs 17 and 18 must be given where at the end of the financial year the group has a significant holding in a body corporate which is not a subsidiary undertaking of the society and does not fall within paragraph 12 (jointly controlled bodies). (2) A holding is significant for this purpose if— (a) it amounts to 20 per cent or more of the nominal value of the shares in the body corporate; or (b) the amount of the holding (as stated or included in the group accounts) exceeds one-tenth of the amount of the group’s assets (as so stated).