SCHEDULE 1CONSEQUENTIAL AMENDMENTS
Industrial Common Ownership Act 1976 (c. 78)35
In section 2 of the Industrial Common Ownership Act 1976 (common ownership enterprises and co-operative enterprises)—
a
in subsection (1)
(definition of “common ownership enterprise”), in paragraph (b) for “memorandum or articles of association” substitute “
articles of association
”
;
b
in subsection (5) M1 (interpretation)—
i
for the definition of “company” substitute—
“company” means a company registered under the Companies Act 2006;
ii
in the closing words (which define “subsidiary”) for “section 736 of the Companies Act 1985” substitute “
section 1159 of the Companies Act 2006
”
.