# Steel Industry (Nationalisation) Act 2026, Section 51: Interpretation of Part 1

Extent: E+W+S+N.I.

In this Part—
“company” means a company as defined by section 1(1) of the Companies Act 2006;
“connected property transfer regulations” has the meaning given by section 28;
“connected reverse property transfer regulations” has the meaning given by section 29;
“enactment” includes—
(a) an enactment comprised in subordinate legislation (as defined in section 21 of the Interpretation Act 1978);
(b) an enactment comprised in, or in an instrument made under, a Measure or Act of Senedd Cymru;
(c) an enactment comprised in, or in an instrument made under, an Act of the Scottish Parliament;
(d) an enactment comprised in, or in an instrument made under, Northern Ireland legislation;
(e) assimilated direct legislation;
“onward property transfer regulations” has the meaning given by section 26;
“onward share transfer regulations” has the meaning given by section 13;
“principal transfer power” has the meaning given by section 2(3);
“property transfer regulations” has the meaning given by section 15;
“reverse property transfer regulations” has the meaning given by section 27;
“reverse share transfer regulations” has the meaning given by section 14;
“securities” has the meaning given by section 5;
“service contract” has the meaning given by section 227 of the Companies Act 2006;
“share transfer regulations” has the meaning given by section 4;
“specified”, in relation to regulations under this Part, means specified in the regulations;
“supplemental property transfer regulations” has the meaning given by section 25;
“supplemental share transfer regulations” has the meaning given by section 12;
“transfer power” means a power conferred by this Part to make any of the following—
(a) share transfer regulations;
(b) supplemental share transfer regulations;
(c) onward share transfer regulations;
(d) reverse share transfer regulations;
(e) property transfer regulations;
(f) supplemental property transfer regulations;
(g) onward property transfer regulations;
(h) reverse property transfer regulations;
(i) connected property transfer regulations;
(j) connected reverse property transfer regulations;
“undertaking” has the meaning given by section 1161(1) of the Companies Act 2006.

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Source: https://www.legislation.gov.uk/ukpga/2026/27/section/51 (the official version)
Page: https://openlegislation.uk/steel-industry-nationalisation-act-2026/section-51
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.