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Paragraph 35 Industrial Common Ownership Act 1976 (c. 78)

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 ”.

Annotations

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.