I guess this is whee my thoughts were taking me (from a related post from February 2007);
RHFC_piper raises an intersting point regarding the percentage of a unit involved in an operation to be eligible for a Battle Honour. From the reference noted above:
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Normally, the rule that will be applied is that headquarters and at least fifty percent of the sub-units of a unit must have been present.
However, the following should also be noted:
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There may be exceptional cases where individual squadrons or companies took an important part in certain operations, and in such cases any claims submitted will be treated on their merits.
Notably, it is not exceptional in the current method of Task Force structures for individual subunits to be deployed with Battle Groups built on HQs from other regiments. These company/squadrons (under command) do not normally deploy and fight by their Corps doctrines at the sub-unit level, nor are they operating independently, so these paragraphs don't quite apply:
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Two particular extensions of this rule will be allowed for as follows:
(a) where units such as armoured regiments, armoured car regiments, reconnaissance regiments or machine-gun battalions fought on a squadron or company basis, with squadrons or companies being attached to brigades or battalions for operations, honours may be awarded where fifty percent of the squadrons or companies were engaged without their regimental or battalion headquarters~. Where a unit had sub-units committed simultaneously to different operations only one award covering anyone period of time will be made;
(b) where a regiment was represented in a theatre only by a squadron or a company operating independently, such as the independent machine gun company in an armoured division, honours may be awarded on the basis of fifty percent of the troops or platoons being present in battle. Where such troops or platoons were committed simultaneously to different operations, only one award will be made to cover anyone period of time.
This is one of the points that would require further analysis and, possibly, the updating of the terms and conditions for award of Battle Honours. It is, for reasons described above, and this requirement to redefine conditions for Battle Honours that any expectations that Battle Honours should be awarded in the near term would be premature.