SCHEDULES

SCHEDULE 18“Subsidiary” and related expressions: consequential amendments and savings

British Aerospace Act 1980 (c. 26)

23

In section 14(1) of the British Aerospace Act 1980 (interpretation)—

a

in the definition of “subsidiary” for “the same meaning as in the Companies Act 1948”, and

b

in the definition of “wholly-owned subsidiary” for “the same meaning as it has for the purposes of section 150 of the Companies Act 1948”,

substitute “ the meaning given by section 736 of the Companies Act 1985 ”.