s 182 Increasing control
(1) For the purposes of this Part, a person (“A”) increases control over a UK authorised person (“B”) whenever— (a) 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); (b) the percentage of voting power A holds in B or P increases by any of the steps mentioned in subsection (2); or (c) A becomes a parent undertaking of B. (2) The steps are— (a) from less than 20% to 20% or more; (b) from less than 30% to 30% or more; (c) from less than 50% to 50% or more.