Section 14 Interpretation.

In this Act—

• “the appointed day” means the day appointed under section 1(1);

• “the Crown Agents” means the body corporate established by section 1 of the M1Crown Agents Act 1979 by the name of the Crown Agents for Oversea Governments and Administrations;

• “securities”, in relation to the successor company, includes shares, debentures, bonds and other securities of the company, whether or not constituting a charge on the assets of the company;

• F1“subsidiary” and “wholly-owned subsidiary” have the meaning given by section 1159 of the Companies Act 2006;

• “the successor company” means the company nominated for the purposes of section 1; and

• “the transitional period”, in relation to the Crown Agents, has the meaning given by section 8(1).