SCHEDULE 1CONSEQUENTIAL AMENDMENTS
Aircraft and Shipbuilding Industries Act 1977 (c. 3)36
1
The Aircraft and Shipbuilding Industries Act 1977 is amended as follows.
2
In section 9(1)
(control by Corporations of subsidiaries), for “memorandum or articles of association” substitute “
articles of association
”
.
3
In section 56(1) (interpretation)—
a
in the definition of “equity share capital”M1, for “section 736 of the Companies Act 1985 or, in the case of a company incorporated in Northern Ireland, Article 2(3) of the Companies (Northern Ireland) Order 1986” substitute “
section 548 of the Companies Act 2006
”
;
b
in the definitions of “holding company” and “subsidiary”M2, for “section 736 of the Companies Act 1985” substitute “
section 1159 of the Companies Act 2006
”
;
c
in the definition of “wholly-owned subsidiary”M3, for “section 736(5)(b) of the Companies Act 1985 and Article 4(5)(b) of the Companies (Northern Ireland) Order 1986” substitute “
section 1159 of the Companies Act 2006
”
.