{
  "url": "https://openlegislation.uk/public-airport-companies-capital-finance-order-1990/article-1",
  "json_url": "https://openlegislation.uk/public-airport-companies-capital-finance-order-1990/article-1.json",
  "legislation": "uksi/1990/719",
  "legislation_title": "The Public Airport Companies (Capital Finance) Order 1990",
  "legislation_url": "https://openlegislation.uk/public-airport-companies-capital-finance-order-1990",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": "Citation, commencement and interpretation",
  "text": "(1) This Order may be cited as the Public Airport Companies (Capital Finance) Order 1990 and shall come into force on 1st April 1990.\n(2) In this Order,\n“the Act” means the Local Government and Housing Act 1989;\n“constituent council” shall be construed in accordance with section 16(2) of the Airports Act 1986;\n“controlling authority” in relation to a public airport company has the same meaning as in section 16(2) of the Airports Act 1986;\n“current assets” shall be construed in accordance with paragraph 77 of Schedule 4 to the Companies Act 1985;\n“public airport company” has the same meaning as in section 16(1) of the Airports Act 1986;\n“the relevant date”, in relation to a public airport company or any subsidiary of such a company, means—\n(a) in the financial year preceding 1st April 1990, 31st March 1990;\n(b) in any subsequent financial year if the company’s or subsidiary’s balance sheet is prepared as at a date in that year, that date, or if there is more than one such date the latest such date; and\n(c) in any other case, the last day of the financial year in question;\nunless the public airport company or subsidiary, as the case may be, ceases to be a public airport company or subsidiary of such a company in which event it means the day preceding the date of cessor; and\n“subsidiary”has the meaning given by section 736 of the Companies Act 1985.\n(3) In the case of a public airport company listed in column 1 of the Schedule to this Order a reference in this Order to the controlling authority shall have effect, except where the reference is to a constituent council of the controlling authority, as if it were a reference to the constituent council named in relation to that company in column 2 of that Schedule.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1986 c. 31."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "1985 c. 6."
    }
  ],
  "outstanding_effects": [
    {
      "type": "added",
      "affecting": "uksi/1993/2875",
      "affecting_title": "The Public Airport Companies (Capital Finance) (Fourth Amendment) Order 1993"
    },
    {
      "type": "amended",
      "affecting": "uksi/1991/423",
      "affecting_title": "The Public Airport Companies (Capital Finance) (Amendment) Order 1991"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1990/719/article/1",
    "retrieved_at": "2026-10-29T15:22:42.308705+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}