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)(1) (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”.
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.