Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) For the purposes of this Subdivision, in determining whether an entity is an associate entity of another entity:
(a) treat the references in paragraphs 820 - 905(1)(a) and 820 - 905(2A)(a) to "an * associate interest of 50% or more" as instead being:
(i) for the purposes of paragraph 820 - 427A(5)(b)--a reference to "a * TC control interest of 50% or more"; or
(ii) for the purposes of any other provision in this Subdivision--a reference to "a * TC control interest of 20% or more"; and
(aa) disregard the requirement in subsections 820 - 905(1) and (2A) that the entity is an * associate of the other entity, unless only paragraph 820 - 905(1)(b) applies; and
(b) treat subsection 820 - 860(3) as applying for the purposes of determining whether the entity is an associate entity of the other entity (as a result of paragraph (a) of this subsection); and
(c) treat the purposes mentioned in subparagraphs 820 - 870(1)(b)(i) and (ii) as including the purposes of determining whether the entity is an associate entity of the other entity (as a result of paragraph (a) of this subsection).
(2) For the purposes of this Subdivision:
(a) treat an entity (the first entity ) that has entered into a * cross - staple arrangement with another entity as an associate entity of that other entity; and
(b) if that other entity is itself an associate entity of a conduit financer mentioned in section 820 - 427C (whether because of another operation of this subsection or otherwise)--treat the first entity as an associate entity of the conduit financer.