For the purposes of this Act, a corporation shall be deemed to be a wholly-owned subsidiary of another corporation if none of the members of the first mentioned corporation is a person other than—
(a) the second-mentioned corporation;
(b) a nominee of the second-mentioned corporation;
(c) a subsidiary of the second-mentioned corporation, being a subsidiary none of the members of which is a person other than the second-mentioned corporation or a nominee of the second-mentioned corporation; or
(d) a nominee of such a subsidiary.
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