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Changes over time for: Cross Heading: Miscellaneous and supplemental
Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 22/07/2004.
Changes to legislation:
There are currently no known outstanding effects for the British Aerospace Act 1980, Cross Heading: Miscellaneous and supplemental.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
Miscellaneous and supplementalU.K.
11 Application of Trustee Investments Act 1961 in relation to investment in the successor company.U.K.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12 Corporation tax and development land tax.U.K.
(1)Subject to subsection (2) below, the successor company shall be treated for all purposes of corporation tax and development land tax as if it were the same person as British Aerospace.
(2)The successor company shall not by virtue of subsection (1) above be regarded as a body falling within section [170(12) of the Taxation of Chargeable Gains Act 1992] (bodies established for carrying on industries or undertakings under national ownership or control).
Textual Amendments
Marginal Citations
13 Administrative expenses.U.K.
Any administrative expenses incurred by the Secretary of State in consequence of the provisions of this Act shall be paid out of moneys provided by Parliament.
14 Interpretation.U.K.
(1)In this Act—
“the Act of 1977” means the Aircraft and Shipbuilding Industries Act 1977;
“appointed day” means such day as the Secretary of State may appoint by order made by statutory instrument after consulting British Aerospace and the Treasury;
“share” includes stock;
“subsidiary” has [the meaning given by section 736 of the Companies Act 1985];
“the successor company” has the meaning given by section 1(1) of this Act; and
“wholly owned subsidiary” has [the meaning given by section 736 of the Companies Act 1985].
(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
Modifications etc. (not altering text)
Marginal Citations
15 Citation, repeals and extent.U.K.
(1)This Act may be cited as the British Aerospace Act 1980.
(2)... the enactments mentioned in Schedule 3 to this Act are repealed on the appointed day to the extent specified in column 3 of that Schedule.
(3)It is hereby declared that this Act extends to Northern Ireland.
Yn ôl i’r brig