The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009

Broadcasting Act 1990 (c. 42)U.K.

This section has no associated Explanatory Memorandum

119.—(1) The Broadcasting Act 1990 is amended as follows.

(2) In section 135 (initial government holding in nominated company), in subsection (4)(b) (shares to be treated as fully paid up), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.

(3) In section 141(1) (interpretation of Part 4), in the definition of “subsidiary” for “section 736 of the Companies Act 1985” substitute “ section 1159 of the Companies Act 2006 ”.

(4) In Schedule 2 (restrictions on holding of licences), in paragraph 1(1), in the definition of “equity share capital” for “the Companies Act 1985” substitute “ the Companies Acts (see section 548 of the Companies Act 2006) ”.