23U.K.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 ”.