The Companies Act 2006 (Consequential Amendments etc) Order 2008

Water and Sewerage Services (Northern Ireland) Order 2006 (S.I. 2006/3336 (N.I. 21))

252.—(1) The Water and Sewerage Services (Northern Ireland) Order 2006 is amended as follows.

(2) In Article 268(1) (interpretation), in the definition of “subsidiary undertaking”, for “Article 266 of the Companies Order” substitute “section 1162 of the Companies Act 2006”.

(3) In Article 275 (statutory reserves)—

(a) in paragraph (2)(b), for “Article 271(1) of the Companies (Northern Ireland) Order 1986” substitute “section 830(2) of the Companies Act 2006”;

(b) in paragraph (3)—

(i) for “Article 272(3)(d) of the Companies Order” substitute “section 831(4)(d) of the Companies Act 2006”;

(ii) for “that Article” substitute “that section”;

(iii) for “Article 272(3)(c) of that Order” substitute “section 831(4)(c) of that Act”.

(4) In Article 276 (accounts etc of successor company)—

(a) for paragraph (1) substitute—

“(1) The Department shall, as soon as practicable, lay before the Assembly a copy of the documents mentioned in paragraph (2) which are—

(a) if the successor company is a private company, sent to members in accordance with section 423 of the Companies Act 2006, or

(b) if the successor company is a public company, laid before the company in general meeting in accordance with section 437 of that Act,

at a time when the company is wholly owned by the Crown.”;

(b) in the closing words of paragraph (2), for “the Companies Order” substitute “the Companies Act 2006”;

(c) in paragraph (5), for “the Companies Order” substitute “the Companies Acts (as defined in section 2 of the Companies Act 2006)”.