Part IIWater Supply and Sewerage Services

Chapter VOwnership and Finances of Successor Companies etc.

96Interpretation of Chapter V

In this Chapter—

  • “debentures” includes debenture stock;

  • “nominated holding company”, in relation to a successor company, means the company nominated under section 83(1) above as that successor company’s nominated holding company;

  • “securities”, in relation to a company, includes shares, debentures, bonds and other securities of the company, whether or not constituting a charge on the assets of the company; and

  • “shares” includes stock.