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PART VN.I.TRANSFER OF UNDERTAKING OF NORTHERN IRELAND AIRPORTS LIMITED

IntroductoryN.I.

The successor companyN.I.

51.—(1) The Department may by order nominate as the successor company for the purposes of this Order a company which—

(a)is a company limited by shares [F1(within the meaning of section 3 of the Companies Act 2006)]; and

(b)is wholly owned by the Crown;

and references in this Order to “the successor company” are references to the company so nominated.

(2) In the Northern Ireland Assembly Disqualification Act 1975F2, in Part III of Schedule 1 (other disqualifying offices) there shall be inserted (at the appropriate place in alphabetical order) the following entry—

Director of the successor company (within the meaning of Part V of the Airports (Northern Ireland) Order 1994), being a director nominated or appointed by a Northern Ireland department or by a person acting on behalf of a Northern Ireland department .