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

Airports Act 1986 (c. 31)

68.—(1) The Airports Act 1986 is amended as follows.

(2) In section 13(2) (transfer of airport undertakings of local authorities to companies owned by such authorities), for “the Companies Act 1985” substitute “the Companies Act 2006”.

(3) In section 26(2)(a) (avoidance of restrictions on transfer of securities of public airport companies), for “memorandum or articles of association” substitute “ articles of association”.

(4) In section 41(4)(b)(iii) (discretionary conditions: level of borrowing appropriate having regard to equity share capital), for “the Companies Act 1985” substitute “the Companies Acts (see section 548 of the Companies Act 2006)”.

(5) In section 82(1) (general interpretation)—

(a) in the definition of “the registrar of companies” for “the Companies Act 1985” substitute “the Companies Acts (see section 1060 of the Companies Act 2006)”;

(b) in the definition of “subsidiary”(1) for “section 736 of the Companies Act 1985” substitute “section 1159 of the Companies Act 2006”.

(1)

The definition of “subsidiary” in section 82(1) was amended by the Companies Act 1989 (c.40), Schedule 18, paragraph 43.