SCHEDULE 1 U.K.CONSEQUENTIAL AMENDMENTS

Industrial Common Ownership Act 1976 (c. 78) U.K.

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 ”.

Marginal Citations

M1 Section 2(5) was amended by the Companies Consolidation (Consequential Provisions) Act 1985 (c.9), Schedule 2 and the Companies Act 1989 (c.40), Schedule 18, paragraph 15.