The successor companyN.I.
51.—(1) The Department may by order nominate as the successor company for the purposes of this Order a company which—
(a)is a company limited by shares [F1(within the meaning of section 3 of the Companies Act 2006)]; and
(b)is wholly owned by the Crown;
and references in this Order to “the successor company” are references to the company so nominated.
(2) In the Northern Ireland Assembly Disqualification Act 1975F2, in Part III of Schedule 1 (other disqualifying offices) there shall be inserted (at the appropriate place in alphabetical order) the following entry—
“Director of the successor company (within the meaning of Part V of the Airports (Northern Ireland) Order 1994), being a director nominated or appointed by a Northern Ireland department or by a person acting on behalf of a Northern Ireland department” .
F1Words in art. 51(1)(a) substituted (1.10.2009) by Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 2(1), Sch. 1 para. 149(4) (with art. 10)