Show Summary Details Chapter 12: Groups of Companies (a) Test one: the ‘golden share’ – a member controlling the composition of the board of directors of the subsidiary (b) Tests two and three: holding more than half in nominal value of the equity share capital or of the shares carrying voting rights (c) Test four: holding a majority of the shareholders’ or members’ voting rights in the subsidiary (d) Test five: being a shareholder or member and controlling alone, under an agreement with other shareholders or members, a majority of the shareholders’ or members’ voting rights (e) Test six: having a right to exercise a dominant influence over the subsidiary by virtue of either the subsidiary’s constitution or a ‘control contract’ (f) Test seven: exercising or having the power to exercise a dominant influence or control over the subsidiary (g) Test eight: the subsidiary and holding company are managed by the holding company ...