OpenLegislation

Paragraph 4

Original text. Later amendments are not shown.

Where a harbour authority is required under section 42(2) of the Harbours Act 1964 to prepare annual statements or accounts relating to activities carried on by the authority and subsidiaries of the authority—

(a)

the reference in paragraph 1 above to activities of the authority shall be read as including a reference to activities of any subsidiary of the authority;

(b)

the references in paragraphs 1 and 2 above to section 42(1) shall be read as references to section 42(2); and

(c)

the reference in paragraph 3 above to sums received by any subsidiary of the authority which are shown in the statement of accounts there mentioned (and subsection (4) above shall apply accordingly).