Article 2 Interpretation

In this Order:—

• “the Company” means the Manchester Ship Canal Company;

• “Corporation debentures” means the new mortgage debentures issued by the Company to theformer lord mayor aldermen and citizens of the city of Manchester underthe Manchester Ship Canal Act 1891^f1, the Manchester Corporation (Ship Canal) Act 1893^f2 and the Manchester Ship Canal (Additional Capital, & c.)Act 1893^f3;

• “the Council” means the Council of the City of Manchester;

• “the date of redemption” means the date on which the Corporation debentures are redeemed bythe Company in pursuance of an agreement under paragraph (1) of article3 of this Order.