Section 230 — Rights of holding company’s representatives and members
Statute text
(1) A holding company may, by resolution, authorise representatives named in the
resolution to inspect the books of account kept by any of its subsidiaries; and the
books of account of any such subsidiary shall be open to inspection by those
representatives at any time during business hours.
(2) The rights conferred by section 2 56 upon members of a company
may be exercised, in respect of any subsidiary, by members of the holding company
as if they also were members of the subsidiary.