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(1)The directors of each of the Companies may appoint a day, being a day not later than the expiry of the period of five years beginning with the date this Act is passed, to be the appointed day for the Company concerned to be subsumed by way of universal transfer in Transas Limited.
(2)On or before the appointed day, the Company shall publish in the London Gazette a notice naming that day and—
(a)stating that it is an appointed day for the purposes of this Act; and
(b)stating that on the appointed day the Company shall become subsumed by way of universal transfer in Transas Limited under the laws of the Republic of Ireland.
(3)The publication of a notice in the London Gazette under subsection (2) above shall be conclusive evidence of a day being an appointed day for the purposes of this Act.
(4)A photocopy or other reproduction, certified by an authorised officer of Transas Limited, of a page or part of a page of the London Gazette containing the notice shall be conclusive evidence of publication of the notice.
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