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Section 4 1971 Act: repeals

Original text. Later amendments are not shown.

(1)

The following provisions of the 1971 Act shall cease to have effect, namely:—

(a)

so much of section 7 (2) as requires the approval of the Secretary of State to a change of the Company’s name;

(b)

so much of section 37 (2) as excludes from the Company’s power to alter its articles any article giving effect to the proviso to section 48 (1) (c); and

(c)

the proviso to section 48 (1) (c) (which requires the first articles of the Company to prescribe that a majority of the directors are to be elected by the members and that one director shall be appointed in consultation with the trade unions recognised by the Company in its negotiations with its employees, the manner of such consultation to be approved by the Secretary of State for Employment).

(2)

The provisions of the 1971 Act specified in column (1) of Schedule 2 to this Act (which include spent or obsolete enactments) are hereby repealed to the extent specified in column (2) of that Schedule.