# Aircraft and Shipbuilding Industries (Northern Ireland) Order 1979, Article 4: Guarantees etc. in relation to contracts of principal companies and their subsidiaries


The Department may, upon such terms and conditions as it may determine, give to any person entering into a contract—
(a) with a principal company or a subsidiary of a principal company; or
(b) which in the opinion of the Department is directly or indirectly related to a contract entered or to be entered into by another person with a principal company or a subsidiary of a principal company,
any form of assurance, indemnity or guarantee to meet any contingency arising out of or in connection with the contract.

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Source: https://www.legislation.gov.uk/nisi/1979/294/article/4 (the official version)
Page: https://openlegislation.uk/aircraft-and-shipbuilding-industries-northern-ireland-order-1979/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.