Section 1 definition of "subsidiary company" BEFORE amended by 2003-70-231, effective March 29, 2004 (BC Reg 64/2004).

"subsidiary company" means a corporation created in British Columbia by or under an Act, and includes an extraprovincial company, as defined in the Company Act, lawfully carrying on business in British Columbia, the majority of the shares of which, having under all circumstances full voting rights, are owned or controlled, directly or indirectly, by or for the parent company.