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) (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”.