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This Act may be cited as the Price’s Patent Candle Company Limited Act 1992.
In this Act—
“the Company” means Price’s Patent Candle Company Limited;
“the existing Acts” means [1857 c. ii (20 Vict.).] Price’s Patent Candle Company’s (Limited) Act 1857, [1883 c. xii.] Price’s Patent Candle Company (Limited) Act 1883, [1912 c. xx.] Price’s Patent Candle Company Limited Act 1912 and [1920 c. iv.] Price’s Patent Candle Company Limited Act 1920.
The provisions of the existing Acts specified in Schedule 1 to this Act shall have effect subject to the amendments set out in that Schedule.
Notwithstanding anything in any enactment or other instrument constituting or regulating the Company, the Company may, when registered under the [1985 c. 6.] Companies Act 1985 as a company limited by shares, exercise the powers of paragraph 6 (2) of Schedule 21 to that Act (effect of registration under section 680 of the said Act of 1985) and adopt Table A with such modifications as appear to them to be appropriate.
(1)Section 17 (Qualification of directors) of Price’s Patent Candle Company Limited Act 1920 shall cease to have effect.
(2)The provisions of the existing Acts specified in Part I of Schedule 2 to this Act (most of which are spent) are hereby repealed.
(3)Upon the adoption of Table A in accordance with section 4 of this Act the provisions of the existing Acts specified in Part II of Schedule 2 to this Act are hereby repealed.
The costs, charges and expenses preliminary to and of and incidental to the preparing, applying for, obtaining and passing of this Act or otherwise in relation thereto shall be paid by the Company and may in whole or in part be defrayed out of revenue.
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