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

Broadcasting Act 1996 (c. 55)U.K.

This section has no associated Explanatory Memorandum

162.  In the Broadcasting Act 1996—

(a)in section 132(6) (powers of Secretary of State in relation to transfer schemes: meaning of “wholly-owned subsidiary”),

(b)in paragraph 8(8)(a) of Schedule 5 (transfer schemes: compensation),

(c)in paragraph 1(1) of Schedule 6 (transfer schemes: successor companies), in the definition of “wholly-owned subsidiary”, and

(d)in paragraph 1(1) of Schedule 7 (transfer schemes: taxation provisions), in the definition of “wholly-owned subsidiary”,

for “section 736 of the Companies Act 1985” substitute “ section 1159 of the Companies Act 2006 ”.