Where a number of co-operative associations (
CTM40590) co-operate in forming a joint
association (referred to as a 'second tier' association or a
'federal') for greater economy in marketing etc, it has been agreed
that by concession one may look through to the ultimate members of
the constituent associations. Provided that those members satisfy
the test of ICTA88/S486 (9) the 'second-tier' association may be
granted the same treatment as its member associations.
This concession is published as ESCC13 and will also apply to
‘third tier’ associations.
