# The Ports (Northern Ireland) Order 1994, Article 3: Formation of companies for purposes of transfer of certain statutory port undertakings

Extent: N.I.

(1) Any relevant port authority may form a company whose objects include the acquisition of property, rights and liabilities and the assumption of functions of the authority by virtue of a transfer under Article 4.
(2) Any company formed under paragraph (1) shall be a company limited by shares and registered under the Companies Act 2006.
(3) In this Order “relevant port authority” means any body which is a harbour authority, other than a company having a share capital or a district council.

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Source: https://www.legislation.gov.uk/nisi/1994/2809/article/3 (the official version)
Page: https://openlegislation.uk/ports-northern-ireland-order-1994/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.