Subsidiary" means, as regards a company or other person, each company or person: (a) in which it, either directly or indirectly owns: (i) 40% or more of the entire issued share capital; or (ii) a majority of the voting rights; or (b) over which it, either directly or indirectly, has the power to secure the manner in which the company’s or person’s affairs are conducted, (and where indirectly means through a chain of ownership or control, of the sort described in (a) or (b), which links it to the company or person concerned).