Transport (Scotland) Act 1989

16 Interpretation

In this Act, unless the context otherwise requires—

• “the 1962 Act” means the [1962 c. 46.] Transport Act 1962;

• “the 1968 Act” means the [1968 c. 73.] Transport Act 1968;

• “company” means a body corporate;

• “the disposal programme” has the meaning given by section 1(4) of this Act;

• “employees' share scheme” means a scheme for encouraging or facilitating the holding of shares or debentures in a company by or for the benefit of—

  (a)

  the bona fide employees or former employees of the company or of a subsidiary of the company; or

  (b)

  the wives, husbands, widows, widowers or children or step-children under the age of 18 of such employees or former employees;

• “equity share capital” has the meaning given in the [1985 c. 6.] Companies Act 1985;

• “the Group” has the meaning given by section 1(1) of this Act;

• “subsidiary” means, in relation to a body corporate, a body corporate which is a subsidiary of the first-mentioned body corporate as defined by section 736 of the Companies Act 1985 (taking references in that section to a company as being references to a body corporate).