221.—(1) Part 1 of the Horserace Betting and Olympic Lottery Act 2004 (sale of the Tote) is amended as follows.
(2) In section 2(2)(b)(i) of (transfer of assets: successor company), for “the Companies Act 1985” substitute “the Companies Act 2006”.
(3) In section 5(3)(b) (issue of shares etc to government) for “the Companies Act 1985” substitute “the Companies Act 2006”.