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The Associated British Ports (Appointed Day and Designation of Holding Company) Order 1982

S.I. 1982/1887 · Made 30 December 1982

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TRANSPORT

Made 30th December 1982

Coming into Operation 31st December 1982

The Secretary of State for Transport, in exercise of powers conferred by section 5(3) and (4) of the Transport Act 1981 and, in the case of Article 2, with the consent of the Treasury, hereby makes the following Order:—

Contents

  1. 1Citation
  2. 2Appointed day
  3. 3Designation of Holding Company
  4. Signature
  5. Explanatory note

1Citation

This Order may be cited as the Associated British Ports (Appointed Day and Designation of Holding Company) Order 1982 and shall come into operation on 31st December 1982.

2Appointed day

31st December 1982 is hereby appointed for the purposes of the said section 5.

3Designation of Holding Company

Associated British Ports Holdings Limited (being a company limited by shares, formed and registered under the Companies Act 1948, in which all the issued shares are held by the Secretary of State or by nominees for him) is hereby designated as the Holding Company.

Signature

David Howell

Secretary of State for Transport

30th December 1982

We consent to the making of Article 2 of this Order

J. Cope

Robert Boscowen

Two of the Lords Commissioners of Her Majesty's Treasury

23rd December 1982

Explanatory note

This Order:—

(1) appoints 31st December 1982 as the appointed day for the purposes of section 5 of the Transport Act 1981, that is to say, as the day on which the British Transport Docks Board is reconstituted under the name of Associated British Ports and as from which a company (the “Holding Company”) formed and registered under the Companies Act 1948 (c.38) will have, by virtue of Part II of the Transport Act 1981 (c.56), powers in relation to Associated British Ports corresponding to the powers of a holding company over a wholly owned subsidiary; and

(2) designates Associated British Ports Holdings Limited as the Holding Company mentioned above.