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Paragraph 23

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In section 14(1) of the British Aerospace Act 1980 (interpretation)—

(a)

in the definition of “subsidiary” for “the same meaning as in the Companies Act 1948”, and

(b)

in the definition of “wholly-owned subsidiary” for “the same meaning as it has for the purposes of section 150 of the Companies Act 1948”,

substitute “ the meaning given by section 736 of the Companies Act 1985 ”.