PART IIIMiscellaneous and General

The Corporations

48Duty of the Corporations to consult etc. with Northern Ireland state-controlled bodies

1

In carrying out their respective functions, British Aerospace and British Shipbuilders shall each have full regard to the need to consult, and wherever possible co-ordinate their activities with those of, any company incorporated in Northern Ireland which is engaged in one or more of the relevant activities and at any general meeting of which the Crown is entitled to exercise or to control the exercise of at least one third of the voting power.

2

In subsection (1) above “relevant activities” means—

a

in relation to British Aerospace, the activities specified in subsection (1) of section 2 above, and

b

in relation to British Shipbuilders, the activities specified in subsection (2) of that section.