Point in time view as at 01/10/2009.
There are currently no known outstanding effects for the Companies Act 1989, Cross Heading: Aircraft and Shipbuilding Industries Act 1977 (c.3).
28(1)Section 17 of the Aircraft and Shipbuilding Industries Act 1977 (British Shipbuilders: accounts and audit) is amended as follows.U.K.
(2)In subsection (1)(c) (duty to prepare consolidated accounts) for “subsidiaries” substitute “ subsidiary undertakings ”.
(3)In subsection (9) (copies of accounts to be sent to the Secretary of State) for “subsidiaries” substitute “ subsidiary undertakings ” and for “subsidiary” substitute “ subsidiary undertaking ”.
(4)After subsection (9) add—
“(10)In this section “subsidiary undertaking” has the same meaning as in Part VII of the Companies Act 1985.”.
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