Companies Consolidation (Consequential Provisions) Act 1985

SCHEDULES

Section 29.

SCHEDULE 1 Enactments Repealed

Chapter	Short Title	Extent of Repeal
1948 c. 38.	Companies Act 1948.	The whole Act.
1952 c. 33.	Finance Act 1952.	In section 30, subsections (2) and (3); in subsection (5) the words "(2) or (3)"; and in subsection (6) the words from " and subsection (3)" to the end.
1961 c. 46.	Companies (Floating Charges) (Scotland) Act 1961.	Section 7.
1966 c. 18.	Finance Act 1966.	In Schedule 6, in paragraph 14, the words " section 319(l)(a)(ii) of the Companies Act 1948 and in ".
1966 c. 29.	Singapore Act 1966.	In the Schedule, paragraph 14.
1967 c. 81.	Companies Act 1967.	The whole Act, except so much of Part II as remains unrepealed immediately before the commencement of this Act.
1970 c. 8.	Insolvency Services (Accounting and Investment) Act 1970.	In section 1(3), paragraph (c) (with the " and " immediately preceding it).
1972 c. 67.	Companies (Floating Charges and Receivers) (Scotland) Act 1972.	The whole Act.
1972 c. 68.	European Communities Act 1972.	Section 9.
1973 c. 38.	Social Security Act 1973.	In Schedule 27, paragraph 9.
1973 c. 48.	Pakistan Act 1973.	In Schedule 3, paragraph 3(1) and (4).
1973 c. 51.	Finance Act 1973.	In Schedule 19, paragraph 14.
1974 c. 37.	Health and Safety at Work Etc. Act 1974.	Section 79.
1975 c. 18.	Social Security (Consequential Provisions) Act 1975.	In Schedule 2, paragraph 7.
1975 c. 45.	Finance (No. 2) Act 1975.	In Part IV of Schedule 12, paragraph 6(l)(e).
1975 c. 60.	Social Security Pensions Act 1975.	In Schedule 4, paragraph 3.
1976 c. 47.	Stock Exchange (Completion of Bargains) Act 1976.	Sections 1 to 4.
		Section 7(3),
1976 c. 60.	Insolvency Act 1976.	In section 1(1), the words " the winding up of companies and ".
		Section 9.
		Section 14(3).
		In section 14(6), the word " 9 ".
		In Part I of Schedule 1, the heading " The Companies Act 1948 " and the entries under that heading; and in Part II of that Schedule in paragraph 1, sub-paragraph (c), in paragraph 2, sub-paragraph (c), paragraph 6, and in paragraph 7, sub-paragraph (b).
		In Schedule 2, paragraphs 3 and 4.
1976 c. 69.	Companies Act 1976.	The whole Act.
1979 c. 53.	Charging Orders Act 1979.	In section 4, the words " and in section 325 of the Companies Act 1948", and the words " in each case ".
1980 c. 22.	Companies Act 1980.	The whole Act.
1981 c. 54.	Supreme Court Act 1981.	In Schedule 5, the entry relating to the Companies Act 1948.
1981 c. 62.	Companies Act 1981.	The whole Act.
1981 c. 63.	Betting and Gaming Duties Act 1981.	In section 30(1), the word " or" at the end of paragraph (b), and paragraph (c).
		In section 30(2), paragraph (c).
1981 c. 65.	Trustee Savings Banks Act 1981.	In Schedule 6, the entry under " COMPANIES ACT 1948 ".
1982 c. 4.	Stock Transfer Act 1982.	In Schedule 2, paragraphs 4 and 5.
1982 c. 46.	Employment Act 1982.	Section 1.
1982 c. 48.	Criminal Justice Act 1982.	In section 46(4)(a) the words from " except" to " 1981 ".
1982 c. 50.	Insurance Companies Act 1982.	In Schedule 4, paragraph 14.
1983 c. 50.	Companies (Beneficial Interests) Act 1983.	The whole Act.
1983 c. 53.	Car Tax Act 1983.	In Schedule 1, in paragraph 4(1), the word " or " at the end of sub-paragraph (b), and sub-paragraph (c); and in that Schedule, in paragraph 4(2), sub-paragraph (c).
1983 c. 55.	Value Added Tax Act 1983.	In Schedule 7, in paragraph 12(1), the word " or " at the end of sub-paragraph (b), and sub-paragraph (c); and in that Schedule, in paragraph 12(2), sub-paragraph (c).

Section 30.

SCHEDULE 2 Amendments of Enactments Consequential on Consolidation of Companies Acts

Enactment	Amendment
Landlord and Tenant Act 1954 (c. 56):
Section 42(1)	For the words from " Companies Act 1948 " to the end of the subsection substitute " Companies Act 1985 by section 736 of that Act".
Baking Industry (Hours of Work) Act 1954 (c. 57):
Section 11	For " Companies Act 1948 " substitute " Companies Act 1985 ".
Opticians Act 1958 (c. 32):
Section 27(3)	For " paragraph (a) of subsection (1) of section one hundred and sixty-one of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Prevention of Fraud (Investments) Act 1958 (c.45):
Section 2	For subsection (2), to the end of sub-paragraph (d), substitute— “(2) For the purpose of determining whether or not a person has contravened any of the restrictions imposed by section 1 of this Act, no account shall be taken of his having done any of the following things (whether as a principal or as an agent), that is to say— (a) effecting transactions with, or through the agency of— (i) such a person as is mentioned in paragraph (a), paragraph (b) or paragraph (c) of the preceding subsection, or a person acting on behalf of such a person as is so mentioned, or (ii) the holder of a licence; (b) issuing any prospectus to which— (i) section 56 of the Companies Act 1985 applies or would apply if not excluded by paragraph (b) of subsection (5) of that section, or (ii) section 72 of that Act applies or would apply if not excluded by paragraph (b) of subsection (6) of that section or by section 76 of that Act; (c) issuing any document relating to securities of a corporation incorporated in Great Britain which is not a registered company, being a document which— (i) would, if the corporation were a registered company, be a prospectus to which section 56 of the Companies Act 1985 applies or would apply if not excluded by paragraph (b) of subsection (6) of that section, and (ii) contains all the matters and is issued with the consents which, by virtue of sections 72 to 75 of that Act, it would have to contain and be issued with if the corporation were a company incorporated outside Great Britain and the document were a prospectus issued by that company; and (d) issuing any form of application for snares in, or debentures of, a corporation together with— (i) a prospectus which complies with the requirements of section 56 of the Companies Act 1985, or is not required to comply with it because excluded by paragraph (b) of subsection (5) of that section, or complies with the requirements of Chapter II of Part III of that Act relating to prospectuses and is not issued in contravention of sections 74 and 75 of that Act, or (ii) in the case of a corporation incorporated in Great Britain which is not a registered company, a document containing all the matters and issued with the consents mentioned in paragraph (c)(ii) of this subsection”.
Section 12	(a) For " Board of Trade " (twice) substitute " Secretary of State". (b) For " the Board " substitute " the Secretary of State". (c) In subsection (2)— (i) for the words from the beginning to " subsection (2) " substitute " Sections 434 to 436 of the Companies Act 1985, subsection (1) of section 437 of that Act and so much of subsection (3) ", and (ii) for " section one hundred and sixty-four " substitute " section 431".
Section 14	(a) In subsection (2), for paragraphs (a) and (b) substitute— “(a) in relation to any distribution of a prospectus to which section 56 of the Companies Act 1985 applies or would apply if not excluded by paragraph (b) of subsection (5) of that section or section 72 of that Act applies or would apply if not excluded by paragraph {b) of subsection (6) of that section or by section 76 of that Act, or in relation to any distribution of a document relating to securities of a corporation incorporated in Great Britain which is not a registered company, being a document which— (i) would, if the corporation were a registered company, be a prospectus to which the said section 56 applies or would apply if not excluded as aforesaid, and (ii) contains all the matters and is issued with the consents which, by virtue of sections 72 to 75 of that Act it would have to contain and be issued with if the corporation were a company incorporated outside Great Britain and the document were a prospectus issued by that company; (b) in relation to any issue of a form of application for shares in, or debentures of, a corporation, together with— (i) a prospectus which complies with the requirements of section 56 of the Companies Act 1985 or is not required to comply therewith because excluded by paragraph {b) of subsection (5) of that section, or complies with the require­ments of Chapter II of Part III of that Act relating to prospectuses and is not issued in contravention of sections 74 and 75 of that Act, or (ii) in the case of a corporation incorporated in Great Britain which is not a registered company, a document containing all the matters and issued with the consents mentioned in paragraph (a)(ii) of this subsection, or in connection with a bona fide invitation to a person to enter into an under­writing agreement with respect to the shares or debentures, or ". (c) in subsection (3)(a)(iii), for " section one hundred and fifty-four of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".”
Section 16	In subsection (2)(a), for " Companies Act 1948 " substitute " Companies Act 1985 ".
Section 26	In subsection (1)— (a) in the definition of " prospectus ", for " Companies Act 1948 " substitute " Companies Act 1985 " ; (b) in the definition of " registered company ", after the words " registered under " insert " the Companies Act 1985 ", and for " section four hundred and fifty-five of the Companies Act 1948 " substitute " section 735(3) of the Companies Act 1985 " ; (c) in the definition of " statutory corporation ", for " Companies Act 1948 " substitute " Companies Act 1985 ".
Agricultural Marketing Act 1958 (c. 47):
Schedule 2	(a) In paragraph 4(1) for " Part IX of the Companies Act 1948 " substitute " Part XXI of the Companies Act 1985 ". (b) In paragraph 4(2), for " section three hundred and ninety-nine of the Companies Act 1948 " substitute " sections 666 to 669 of the Companies Act 1985". (c) For paragraph 4(3) substitute— “(3) Section 668 shall not apply, and section 669 shall apply as if in paragraph (a) of that section the words " or any member of it as such " were omitted.”.
Horticulture Act 1960 (c. 22):
Section 14(3)	For " paragraph (a) of subsection (1) of section one hundred and sixty-one of the Com­panies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Corporate Bodies' Contracts Act 1960 (c. 46):
Section 2	For " Companies Act 1948 " substitute " Companies Act 1985".
Charities Act 1960 (c. 58):
Section 8(3)	For " paragraph (a) of subsection (1) of section one hundred and sixty-one of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Section 30(1)	For " Companies Act 1948 " substitute " Companies Act 1985".
Professions Supplementary to Medicine Act 1960 (c. 66):
Schedule 1, Part III	In paragraph 18(4), for " paragraph (a) of subsection (1) of section one hundred and sixty-one of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Building Societies Act 1962 (c. 37):
Section 22(8)	For " Companies Act 1948 " substitute " Companies Act 1985".
Section 50(5)	The same amendment.
Section 55(5)	The same amendment.
Section 86(1)(e)	For " paragraph (a) of subsection (1) of section one hundred and sixty-one of the Com­panies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Section 86(2)	For " paragraph (b) of subsection (1) of section one hundred and sixty-one of the Companies Act 1948 " substitute " section 389(1)(b) of the Companies Act 1985".
Section 92(4)	For " Section four hundred and forty-eight of the Companies Act 1948" substitute " Section 727 of the Companies Act 1985".
Section 103	For " Companies Act 1948 " substitute " Companies Act 1985".
Schedule 1	In paragraphs 5 (twice) and 6(3), for " Companies Act 1948 " substitute " Companies Act 1985".
Schedule 3	In paragraph 12(1)(b), for " section 406 of the Companies Act 1948 " substitute " section 744 of the Companies Act 1985".
Transport Act 1962 (c. 46):
Section 24(2)	For " paragraph (a) of subsection (1) of section one hundred and sixty-one of the Com­panies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Section 92	In the definition of " subsidiary ", for " section one hundred and fifty-four of the Com­panies Act 1948 " substitute " section 736 of the Companies Act 1985".
Betting, Gaming and Lotteries Act 1963 (c. 2):
Section 55(1)	In the definition of " qualified accountant", for " section 161(1)(a) of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Schedule 2	(a) In paragraph 24(1), for " section 1 of the Companies Act 1976 " substitute " section 241 of the Companies Act 1985". (b) In paragraph 24(2), for " section 14(3), (4) and (6) of the Companies Act 1967" substitute— “the following provisions of the Companies Act 1985— section 236(2), as read with section 262 (matters to be stated in auditors' report), and section 237(1) and (4) (responsibilities of auditors in preparing their report)”.
Stock Transfer Act 1963 (c. 18):
Section 1(4)	In paragraph (a), for " Companies Act 1948 " substitute " Companies Act 1985".
Section 2	(a) In subsection (2), for " section 79(1) of the Companies Act 1948 " substitute " section 184 of the Companies Act 1985". (b) In subsection (3)(a), for " section 75 of the Companies Act 1948 " substitute " section 183(1) and (2) of the Companies Act 1985 ".
Harbours Act 1964 (c. 40):
Section 42	(a) In subsection (6), for " Companies Acts 1948 to 1981 " substitute " Companies Act 1985 " ; and for " those Acts " substitute " that Act ". (b) In subsection (7)(a), for " Companies Acts 1948 to 1981" substitute " Companies Act 1985". (c) In subsection (9), for " section 154 of the Companies Act 1948 " substitute " section 1 736 of the Companies Act 1985".
Housing Act 1964 (c. 56):
Section 10	For " section 161(1)(a) of the Companies Act 1948 by the Board of Trade" substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Trading Stamps Act 1964 (c. 71):
Section 1(4)	For " Companies Act 1948 " substitute " Companies Act 1985".
Hairdressers (Registration) Act 1964 (c. 89):
Section 13(2)	For " section 161(1)(a) of the Companies Act 1948 by the Board of Trade" substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Industrial and Provident Societies Act 1965 (c. 12):
Section 1(2)	For " Companies Act 1948 " substitute " Companies Act 1985".
Section 52(2)	The same amendment; and for " Act of 1948 " substitute " Act of 1985".
Section 53	(a) In subsection (1), for " section 141 of the Companies Act 1948 " substitute " section 378 of the Companies Act 1985". (b) In subsection (4), for " Companies Act 1948 " substitute " Companies Act 1985".
Section 55	For " Companies Act 1948 " substitute " Companies Act 1985".
Section 74	In the definition of " Companies Acts ", the same amendment.
Cereals Marketing Act 1965 (c. 14):
Section 21(5)	In paragraph (b), for " section 161(1)(a) of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Teaching Council (Scotland) Act 1965 (c. 19):
Schedule 1	In paragraph 13(3), for " section 161(1)(a) of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Coal Industry Act 1965 (c. 82):
Section 1(2)	In paragraph (d), for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
National Health Service Act 1966 (c. 8):
Section 8(2)	In paragraph (e), for " section 161(1)(a) of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Universities (Scotland) Act 1966 (c. 13):
Section 12(2)	In paragraph (e), for " section 161(1)(a) of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
General Rate Act 1967 (c. 9):
Section 32A(6)	In the definition of "subsidiary", for "section 154 of the Companies Act 1948" substitute " section 736 of the Companies Act 1985".
Agriculture Act 1967 (c. 22):
Section 19(3)	For " section 161(1)(a) of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Housing Subsidies Act 1967 (c. 29):
Section 32(1)	In the definition of " insurance company ", for " paragraph 24 of Schedule 8 to the Companies Act 1948 " substitute " paragraph 28 of Schedule 9 to the Companies Act 1985".
Development of Inventions Act 1967 (c. 32):
Section 12(3)	For " section 161(1)(a) of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Companies Act 1967 (c. 81):
Section 90	For this section substitute the following— “90 Summary proceedings. (1) Summary proceedings for an offence under this Part may (without prejudice to any jurisdiction exercisable apart from this subsection) be taken against a body corporate at any place at which the body has a place of business, and against any other person at any place at which he is for the time being. (2) Notwithstanding anything in section 127(1) of the Magistrates' Courts Act 1980, an information relating to an offence under this Part which is triable by a magistrates' court in England and Wales may be so tried if it is laid at any time within 3 years after the commission of the offence and within 12 months after the date on which evidence sufficient in the opinion of the Director of Public Prosecutions, the Secretary of State or the Industrial Assurance Commissioner (as the case may be) to justify the proceedings comes to his knowledge. (3) Summary proceedings in Scotland for an offence under this Part shall not be commenced after the expiration of 3 years from the commission of the offence. Subject to this (and notwithstanding anything in section 331 of the Criminal Procedure (Scotland) Act 1975), such proceedings may (in Scotland) be com­menced at any time within 12 months after the date on which evidence sufficient in the Lord Advocate's opinion to justify the proceedings comes to his know­ledge or, where such evidence was reported to him by the Secretary of State or the Industrial Assurance Commissioner, within 12 months after the date on which it came to the knowledge of the former or the latter (as the case may be); and subsection (3) of that section applies for the purpose of this subsection as it applies for the purposes of that section. (4) For purposes of this section, a certificate of the Director of Public Prosecutions, the Lord Advocate, the Secretary of State or the Industrial Assurance Commissioner (as the case may be) as to the date on which such evidence came to his knowledge is conclusive evidence.”
Hearing Aid Council Act 1968 (c. 50):
Section 12(3)	For " Board of Trade for the purposes of paragraph (a) of subsection (1) of section 161 of the Companies Act 1948 " substitute " Secretary of State for the purposes of section 389(1)(a) of the Companies Act 1985".
Friendly and Industrial and Provident Societies Act 1968 (c. 55):
Section 7(1)	For " section 161(1)(a) of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State " ; and for " by the Board of Trade under section 161(1)(b) " substitute " by the Secretary of State under section 389(1)(b).
Section 8(2)	In paragraph (b), for " section 161(2) of the Companies Act 1948 " substitute " section 389(6) of the Companies Act 1985".
Transport Act 1968 (c. 73):
Section 14(2)	For "section 161(1)(a) of the Companies Act 1948 by the Board of Trade" substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Section 69(11)	For " section 154(5) of the Companies Act 1948 " substitute " section 744 of the Companies Act 1985".
Section 92(1)	In the definition of " subsidiary ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Post Office Act 1969 (c. 48):
Section 86(2)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985 " ; and for " section 150(4) " substitute " section 736(5)(b) ".
Development of Tourism Act 1969 (c. 51):
Section 14(2)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Insolvency Services (Accounting and Investment) Act 1970 (c. 8):
Section 4	For " section 362(4) of the Companies Act 1948 " substitute " section 660(5) of the Companies Act 1985 (or the previous corresponding provision of the Companies Act 1948)".
Taxes Management Act 1970 (c. 9):
Section 108(2)	For " Companies Act 1948 " substitute " Companies Act 1985
Income and Corporation Taxes Act 1970 (c. 10):
Section 64A	For " proviso (b) to section 54(1) of the Companies Act 1948 " substitute " section 153(4)(b) of the Companies Act 1985".
Section 242(1)	For " Companies Act 1948 " substitute " Companies Act 1985".
Section 247(7)	The same amendment.
Section 265(5)	For " section 244 of the Companies Act 1948 " substitute " section 538 of the Companies Act 1985".
Section 272(2)	For " Companies Act 1948 " substitute " Companies Act 1985
Section 280(3)	For " section 66 of the Companies Act 1948 " substitute " section 135 of the Companies Act 1985".
Section 343(9)	For " Companies Act 1948 " substitute " Companies Act 1985".
Section 482(10)	For " section 455 of the Companies Act 1948 " substitute " Part XXVI of the Companies Act 1985".
Agriculture Act 1970 (c. 40):
Section 20(2)	For " section 161(1)(a) of the Companies Act 1948 by the Board of Trade " substitute " section 389(1)(a) of the Companies Act 1985 by the Secretary of State".
Section 24(3)	For " Companies Act 1948 " substitute " Companies Act 1985".
Atomic Energy Authority Act 1971 (c. 11):
Section 14	For " Companies Acts 1948 to 1967 " substitute " Companies Act 1985".
Coal Industry Act 1971 (c. 16):
Section 10(3)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985 " ; and for " subsection (4) of section 150 of that Act " substitute " subsection (5)(b) of that section ".
Redemption of Standard Securities (Scotland) Act 1971 (c. 45):
Section 2	For " section 89 of the Companies Act 1948 " substitute " section 193 of the Companies Act 1985".
Investment and Building Grants Act 1971 (c. 51):
Section 1(7)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Prevention of Oil Pollution Act 1971 (c. 60):
Section 15	(a) In subsection (1), for " section 412 or section 437 of the Companies Act 1948 " substitute " section 695 or section 725 of the Companies Act 1985 ". (b) In subsection (3), for " sections 412 and 437 of the Companies Act 1948 " substitute " sections 695 and 725 of the Companies Act 1985 ".
Finance Act 1971 (c. 68):
Section 31(4)	For " section 30 of the Finance Act 1952 " substitute " section 614 of the Companies Act 1985 (with paragraph 3 of Schedule 19 to that Act). "
Finance Act 1972 (c. 41):
Schedule 16	In paragraph 13(5), for " Companies Act 1948 " substitute " Companies Act 1985".
Gas Act 1972 (c. 60):
Section 23(7)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389 (1)(a) of the Companies Act 1985".
Section 48(1)	(a) In the definition of " company ", for " Companies Act 1948 " substitute " Companies Act 1985". (b) In the definition of " holding company ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985". (c) In the definition of " subsidiary ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985 " ; and for " section 150(4) of that Act" substitute " subsection (5)(b) of that section ".
Land Charges Act 1972 (c. 61):
Section 3(8)	Omit " and ", and insert at the end of the subsection " and sections 395 to 398 of the Companies Act 1985".
Industry Act 1972 (c. 63):
Section 10	For " Companies Act 1948 by section 154 " substitute " Companies Act 1985 by section 736".
Coal Industry Act 1973 (c. 8):
Section 12(1)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985 " ; and for " subsection (4) of section 150 of that Act " substitute " subsection (5)(b) of that section ".
Water Act 1973 (c. 37):
Schedule 3	In paragraph 39(2)(a), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1 )(a) of the Companies Act 1985".
Fair Trading Act 1973 (c. 41):
Section 92	For subsections (2) and (3) substitute— “(2) The matters which may be so specified or described are any matters which in the case of a company registered under the Companies Act 1985 (or the previous corresponding legislation)— (a) could in accordance with sections 432 and 433 of that Act be investigated by an inspector appointed under section 432, or (b) could in accordance with section 442 of that Act, or in accordance with any provisions as applied by section 443(1), be investigated by an inspector appointed under section 442. (3) For purposes connected with any investigation made by an inspector appointed under this section— (a) sections 434 to 436 of the Companies Act 1985 (or those sections as applied by section 443(1)) shall have effect as they do for the purposes of any investi­gation under section 432 or 442 of that Act, and (b) the provisions of that Act referred to in this and the last preceding subsection shall be taken to extend throughout the United Kingdom.”
Section 137(5)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Hallmarking Act 1973 (c. 43):
Schedule 4	In paragraph 19, sub-paragraph (2), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Finance Act 1973 (c. 51):
Section 47	(a) In subsection (2)(a), for " Companies Act 1948 " substitute " Companies Act 1985". (b) In subsection (3), for " section 12 of the Companies Act 1948 " substitute " section 10(1) of the Companies Act 1985 " ; and for " the said section 12 " substitute " section 12 of the Companies Act 1985 ".
Schedule 19	In paragraph 11, for " section 206 of the Companies Act 1948 " substitute " section 425 of the Companies Act 1985".
Merchant Shipping Act 1974 (c. 43):
Section 2(9)	In the definition of " group ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Housing Act 1974 (c. 44):
Section 12	In the definition of " subsidiary ", for " Companies Act 1948 " substitute " Companies Act 1985".
Section 22(1)	The same amendment.
Section 24(4)	For " section 141 of the Companies Act 1948 " substitute " section 378 of the Companies Act 1985 "; and in paragraph (b) of the subsection, for " section 143 of the Companies Act 1948 " substitute " section 380 of the Companies Act 1985 ".
Section 25(1)	For " Companies Act 1948 " substitute " Companies Act 1985".
Friendly Societies Act 1974 (c. 46):
Section 36(1)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985 " ; and for " section 161(1)(b) " substitute " section 389(1)(b) ".
Section 87(2)	For " Companies Act 1948 " substitute " Companies Act 1985".
Section 111(1)	For " Companies Acts 1948 to 1967 " substitute " Companies Act 1985".
Trade Union and Labour Relations Act 1974 (c. 52):
Section 2(2)	For " Companies Act 1948 " substitute " Companies Act 1985".
Section 3(4)	For " section 434 of the Companies Act 1948 " substitute " section 716 of the Companies Act 1985".
Section 4(4)	For "section 75 or 117 of the Companies Act 1948 " substitute " section 183(1) or 360 of the Companies Act 1985".
Section 30(1)	In the definition of " special register body", for " Companies Act 1948 " substitute " Companies Act 1985".
Schedule 2	(a) In paragraph 6, for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985 " ; and for " section 161(1)(b)" substitute " section 389(1)(b) ". (b) In paragraph 8, for " section 161(1)(b) of the Companies Act 1948 " substitute " section 389(1)(b) of the Companies Act 1985".
Finance Act 1975 (c. 7):
Section 48(5)	In paragraph (b), for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Social Security Act 1975 (c. 14):
Schedule 18	(a) In paragraph 2(1), for " section 319 of the Companies Act 1948 " substitute " section 614 of the Companies Act 1985, taken with paragraph 8 of Schedule 19 to that Act". (b) In paragraph 3(1), for the words " the following " and paragraphs (a) and (b) substitute " sections 196 and 475 of the Companies Act 1985".
Farriers Registration Act 1975 (c. 35):
Schedule 1, Part I	In paragraph 12(2)(e) for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Finance (No. 2) Act 1975 (c. 45):
Section 36(4)	For " section 150(4) of the Companies Act 1948 " substitute " section 736(5)(b) of the Companies Act 1985".
Schedule 12, Part IV	In paragraph 6(1), for " Companies Act 1948 " substitute " Companies Act 1985 " ; and— (a) in sub-paragraphs (a) to (d), for " 107 ", " 124 , " 125 " and " 126 " substitute respectively " 287 ", " 363 ", " 364 " and " 365 "; (b) omit sub-paragraph (e); (c) in sub-paragraphs (f) to (h), for " 200(4)", " 407 " and " 409" substitute respectively " 288(2) ", " 691 " and " 692 "; (d) in sub-paragraph (i), for " section 410 " substitute " Chapter II of Part XXIII ; and (e) in sub-paragraphs (J) and (k), for " 411 " and " 416 " substitute respectively " 693 " and " 699 ".
Prescription and Limitation (Scotland) Act 1975 (c. 52):
Section 9(1)	In paragraph (b), for " section 318 of the Companies Act 1948 " substitute " section 613 of the Companies Act 1985".
Industry Act 1975 (c. 68):
Section 37(1)	In the definitions of " holding company " and " subsidiary ", for " section 154 of the Companies Act 1948 " (twice) substitute " section 736 of the Companies Act 1985 and in the definition of wholly-owned subsidiary ", for " section 150(4) of the Companies Act 1948 " substitute " section 736(5)(b) of the Companies Act 1985 ".
Schedule 1	In paragraph 19, for " Section 209 of the Companies Act 1948 " substitute " Sections 428 to 430 of the Companies Act 1985 " ; and for "that section" substitute " those sections ".
Schedule 2	In paragraph 7(2), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Scottish Development Agency Act 1975 (c. 69):
Section 25(1)	In the definitions of " holding company " and " subsidiary ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985 " ; and in the definition of " wholly-owned subsidiary ", for " section 150(4) of the Companies Act 1948 " substitute " section 736(5)(b) of the Companies Act 1985 ".
Schedule 1	In paragraph 19, for " Section 209 of the Companies Act 1948 " substitute " Sections 428 to 430 of the Companies Act 1985 " ; and for " that section " substitute " those sections ".
Welsh Development Agency Act 1975 (c. 70):
Section 27(1)	In the definitions of " holding company " and " subsidiary ", for " section 154 of the Companies Act 1948 " (twice) substitute " section 736 of the Companies Act 1985 " ; and in the definition of " wholly-owned subsidiary ", for " section 150(4) of the Companies Act 1948 " substitute " section 736(5)(b) of the Companies Act 1985 ".
Schedule 1	In paragraph 22, for " Section 209 of the Companies Act 1948 " substitute "Sections 428 to 430 of the Companies Act 1985 " ; and for " that section" substitute " those sections ".
Petroleum and Submarine Pipe-lines Act 1975 (c. 74):
Section 10(4)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Section 48	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985 " ; and for "section 150(4) of the said Act of 1948" substitute " section 736(5)(b) of the said Act of 1985 ".
Policyholders Protection Act 1975 (c. 75):
Section 5(1)	In paragraph (a), for " Companies Act 1948 " substitute " Companies Act 1985".
Section 15(1)	For " section 238 of the Companies Act 1948 " substitute " section 532 of the Companies Act 1985".
Section 16	(a) In subsection (1)(b), for " Companies Act 1948 " substitute " Companies Act 1985". (b) In subsection (1)(c), for " section 206 of the Companies Act 1948 " substitute " section 425 of the Companies Act 1985". (c) In subsection (6), in paragraph (c) of the definition of " the relevant time ", for " section 206 of the Companies Act 1948 " substitute " section 425 of the Companies Act 1985".
Section 20	For subsection (8) substitute— “(8) In subsections (3) to (7) above, " company " includes any body corporate.”
Section 27	For " section 111 of the Companies Act 1967 " substitute " section 449 of the Companies Act 1985
Section 29	The same amendment.
Schedule 1	In paragraph 14(3), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Airports Authority Act 1975 (c. 78):
Section 8(2)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Development Land Tax Act 1976 (c. 24):
Section 33(1)	For " section 244 of the Companies Act 1948 " substitute " section 538 of the Companies Act 1985".
Section 42(4)	For paragraph (c) substitute— “(c) section 614 of the Companies Act 1985, with paragraph 2 of Schedule 19 to that Act”.
Theatres Trust Act 1976 (c. 27):
Schedule	In paragraph 14, for " paragraph (a) of subsection (1) of section 161 of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Restrictive Trade Practices Act 1976 (c. 34):
Section 33	For " Companies Act 1948 " (twice) substitute " Companies Act 1985".
Section 43(1)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Stock Exchange (Completion of Bargains) Act 1976 (c. 47):
Section 7	For subsection (2) substitute— “(2) In this Act " stock exchange nominee " means the person designated by the Secretary of State by order under section 185(4) of the Companies Act 1985 .”
Resale Prices Act 1976 (c. 53):
Section 27	In the definition of " interconnected bodies corporate ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Insolvency Act 1976 (c. 60):
Section 2	For this section substitute— “2 (1) The Secretary of State may cause any accounts sent to him under section 92 of the Bankruptcy Act 1914 or section 543 of the Companies Act 1985 to be audited (2) So much of section 92(3) of the Act of 1914 and section 543(4) of the Act of 1985 as enables the Secretary of State to call for vouchers and information and to require the production of and to inspect books and accounts applies whether or not he decides to cause an account to be audited and extends to production and inspection at the premises of the trustee or liquidator. (3) Where the Secretary of State decides not to cause an account to be audited, section 92(4) of the Act of 1914 and section 543(5) of the Act of 1985 apply as if the subsection in each case required copies of the accounts to be filed or delivered for filing forthwith; and the liquidator shall comply with section 543(5) when notified of the decision. (4) Only the copy filed with the court shall be open to inspection under section 92(4) of the Act of 1914 or section 543(5) of the Act of 1985.”.
Section 3(3)	In paragraph (b), for " Companies Act 1948 " substitute " Companies Act 1985".
Section 10(1)	In paragraph (b), for " section 365 of the Companies Act 1948 " substitute " section 663 of the Companies Act 1985".
Schedule 1, Part II	In paragraph 1, for " bankruptcy petition or winding-up " substitute " or bankruptcy".
Industrial Common Ownership Act 1976 (c. 78):
Section 2(5)	For "section 455(1) of the Companies Act 1948 " substitute " section 735 of the Companies Act 1985 " ; and for " Companies Act 1948 " (the second time) substitute " Companies Act 1985 ".
Dock Work Regulation Act 1976 (c. 79):
Schedule 1	In paragraph 11(1)(e), for "section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Aircraft and Shipbuilding Industries Act 1977 (c. 3):
Section 3(5)	For " Section 209 of the Companies Act 1948 " substitute " Sections 428 to 430 of the Companies Act 1985".
Section 17(8)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Section 23(8)	For " Companies Act 1948 " substitute " Companies Act 1985".
Section 56(1)	(a) In the definition of " equity share capital", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985". (b) In the definition of " holding company ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985" (c) In the definition of " subsidiary ", for " Companies Act 1948 " substitute " Companies Act 1985 ". (d) In the definition of "wholly-owned subsidiary", for " section 150 of the Companies Act 1948 " substitute " section 736(5)(b) of the Companies Act 1985".
Nuclear Industry (Finance) Act 1977 (c. 7):
Section 3	For " Companies Act 1948 " substitute " Companies Act 1985".
Patents Act 1977 (c. 37):
Section 88(3)	For " Companies Act 1948 " substitute " Companies Act 1985".
Section 114(2)	In paragraph (a), the same amendment.
Section 131	In paragraph (d), the same amendment.
Coal Industry Act 1977 (c. 39):
Section 14(1)	For " section 150(4) of the Companies Act 1948 " substitute " section 736(5)(b) of the Companies Act 1985".
Insurance Brokers (Registration) Act 1977 (c.46):
Section 11(4)	For " section 161(1)(b) of the Companies Act 1948 " substitute " section 389(1)(b) of the Companies Act 1985".
Section 29(1)	In the definition of " recognised body of accountants ", for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Participation Agreements Act 1978 (c. 1):
Section 1(4)	For " Sections 150(4) and 154 of the Companies Act 1948 " substitute " Section 736 of the Companies Act 1985".
Commonwealth Development Corporation Act 1978 (c. 2):
Section 9A(6)(b)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Shipbuilding (Redundancy Payments) Act 1978 (c. 11):
Section 1(4)	For " section 154 of the Companies Act 1948 " substitute " the Companies Act 1985 " ; and for " section 150 of the Companies Act 1948 and section 144 of" substitute " the Companies Act 1985 and".
Co-operative Development Agency Act 1978 (c. 21):
Schedule 2	In paragraph 1(2), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Employment Protection (Consolidation) Act 1978 (c. 44):
Section 121(1)	For paragraph (c) substitute— “(c) section 614 of, and Schedule 19 to, the Companies Act 1985.”.
Section 122(7)	For " section 317 of the Companies Act 1948 " substitute " section 612 of the Companies Act 1985".
Section 125(2)	For paragraph (c) substitute— “(c) section 614 of the Companies Act 1985, with Schedule 19 to that Act”.
Capital Gains Tax Act 1979 (c. 14):
Section 9(3)	In paragraph (b), for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Section 149(7)	For " Companies Act 1948 " substitute " Companies Act 1985".
Credit Unions Act 1979 (c. 34):
Section 6(1)	For " section 222(d) of the Companies Act 1948 " substitute " section 517(1)(e) of the Companies Act 1985 " ; and after the word "' seven'" insert" (or, in the case of section 517(1)(e) of the Act of 1985, for the word * two ')".
Nurses, Midwives and Health Visitors Act 1979 (c. 36):
Schedule 4	In paragraph 3, for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Banking Act 1979 (c. 37):
Section 6(3)	In paragraph (b), for " Part IX of the Companies Act 1948 " substitute " Part XXI of the Companies Act 1985".
Section 17(6)	In paragraph (a), for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Section 18	(a) In subsection (1), for " Companies Act 1948 " substitute " Companies Act 1985 ". (b) For subsection (2) substitute— “(2) If a petition is presented by the Bank by virtue of this section for the winding up of a recognised bank or licensed institution which, apart from this subsection, would be excluded from being an unregistered company for the purposes of Part XXI of the Companies Act 1985 by virtue of— (a) paragraph (c) of section 665 of that Act (partnerships with less than 8 members), or (b) paragraph (d) of that section (limited partnerships), the court has jurisdiction, and the Companies Act 1985 has effect, as if the institution concerned were an unregistered company within the meaning of Part XXI of that Act.”
Section 19	(a) For subsection (5) substitute— “(5) Nothing in subsection (1) above prohibits the disclosure to the Secretary of State of information relating to a body corporate to which section 432 or 442 of the Companies Act 1985 applies, if it appears to the Bank that there may be circumstances relating to the body corporate in which the Secretary of State might wish to appoint inspectors under— (a) any of paragraphs (a) to (c) of subsection (2) of the said section 432 (investi­gation of cases of fraud, etc.), or (b) the said section 442 (investigation of ownership of companies, etc.).” (b) In subsection (8)(a), for " 165 ", " 172 " and " 1948 " substitute respectively " 432 , " 442 " and " 1985 ".
Section 20	(a) In subsection (1)— (i) in paragraph (a), for " 109 ", " 110 ", " 1967 " and " 111 " substitute respectively " 447 ", " 448 " 1985 " and " 449 "; and (ii) in paragraph (b), for " 164 ", " 165 ", "172 " and " 1948 " substitute respectively " 431 ", " 432 ", " 442 " and " 1985 ". (b) in subsection (3) — (i) in paragraph (a), for " section 111 of the Companies Act 1967 " substitute " section 449 of the Companies Act 1985 "; and (ii) in paragraph (b), for " 111 " substitute " 449".
Section 28	(a) In subsection (4), in paragraph (a), for " Part IX of the Companies Act 1948 " substitute " Part XXI of the Companies Act 1985 ". (b) In subsection (6), in paragraph (b)(iv), for " Part V or Part IX of the Companies Act 1948 " substitute " Part XX or Part XXI of the Companies Act 1985".
Section 31	In subsection (7), for " section 365 of the Companies Act 1948 " (twice) substitute " section 663 of the Companies Act 1985".
Section 36	In subsection (7)(a), for " section 150(4) of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Section 40	(a) In subsection (4)— (i) in paragraph (a), for " section 407(1) of the Companies Act 1948 " substitute " section 691(1) of the Companies Act 1985 "; and (ii) in paragraph (b), for " 407(1)" substitute " 691(1)". (b) In subsection (5)— (i) in paragraph (c), for " section 409 of the Companies Act 1948 " substitute " section 692 of the Companies Act 1985 "; and (ii) in paragraph (b), for " subsection (2) of section 413 " substitute " subsection (4) of section 696". (c) In subsection (6), for " section 407, section 409 and subsection (2) of section 413 of the Companies Act 1948 " substitute " section 691, section 692 and subsection (4) of section 696 of the Companies Act 1985.
Section 48(1)	For " Companies Act 1948 " substitute " Companies Act 1985".
Section 49(2)	The same amendment.
Section 50(1)	(a) In the definition of " debenture ", for " Companies Act 1948 " substitute " Companies Act 1985". (b) In the definition of " subsidiary ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Schedule 3	In paragraph 8, for sub-paragraph (a) substitute— “(a) at the time of its application for recognition is either a company within the meaning of the Companies Act 1985 or any other body corporate having its place of central management and control in the United Kingdom (having in either case been such on 9th November 1978 and so continued since that date)”.
Schedule 5	In paragraph 4(4), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985 " and for " section 161(1)(b) " substitute " section 389(1)(b) ".
Estate Agents Act 1979 (c. 38):
Section 14	(a) In subsection (b)— (i) in paragraph (a), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985 "; (ii) in paragraph (b), for " section 161(1)(b) of the Companies Act 1948 " substitute " section 389(1)(b) of the Companies Act 1985 "; and (iii) in paragraph (c), for " section 13(1) of the Companies Act 1967 " substitute " section 389(2) of the Companies Act 1985". (b) In subsection (7), for " by subsection (2), subsection (3) or subsection (4) of either section 161 of the Companies Act 1948 or " substitute " either by subsection (6), sub­section (7) or subsection (8) of section 389 of the Companies Act 1985 or by subsection (2), subsection (3) or subsection (4) of".
Crown Agents Act 1979 (c. 43):
Section 22(6)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Section 31	In the definition of " subsidiary ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985 " ; and in the definition of "wholly-owned subsidiary", for "section 150(4) of the Companies Act 1948" substitute " section 736(5)(b) of the Companies Act 1985 ".
Weights and Measures Act 1979 (c. 45):
Section 10(3)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Competition Act 1980 (c. 21):
Section 11(3)	In paragraph (f), for " Companies Act 1948 " substitute " Companies Act 1985".
Section 12(4)	The same amendment.
British Aerospace Act 1980 (c. 26):
Section 3(3)	In paragraph (b), for " Companies Acts 1948 to 1980 " substitute " Companies Act 1985".
Section 4	(a) In subsection (3), for " section 40(2)(d) of the Companies Act 1980 " substitute " section 264(3)(d) of the Companies Act 1985 " ; and for " section 40(2)(c) " substitute " section 264(3)(c) ". (b) In subsection (7), for " Companies Acts 1948 to 1980 " substitute " Companies Act 1985".
Section 9(1)	In paragraph (a), for " Companies Act 1948 " substitute " Companies Act 1985".
Industry Act 1980 (c. 33):
Section 2(4)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Section 3	(a) In subsection (5), for " Companies Acts 1948 to 1980 " substitute " Companies Act 1985". (b) In subsection (7), for " Companies Act 1948 " substitute " Companies Act 1985 " ; and for " section 154 of the said Act of 1948 " substitute " section 736 of the said Act of 1985".
Transport Act 1980 (c. 34):
Section 47	(a) In subsection (2), for " section 56 of the Companies Act 1948 " substitute " section 130 of the Companies Act 1985". (b) In subsection (5), the same amendment.
Section 48(4)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Education (Scotland) Act 1980 (c. 44):
Section 111(3)	In paragraph (e), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Finance Act 1980 (c. 48):
Schedule 10	(a) In paragraph 10(1)(b), for " section 206 of the Companies Act 1948 " substitute " section 425 of the Companies Act 1985". (b) In paragraph 10(1)(c), for " section 209 of the said Act of 1948 " substitute " sections 428 to 430 of the said Act of 1985".
Housing Act 1980 (c. 51):
Schedule 16	In paragraph 3(2), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985 " ; and for " section 161(1)(b) " substitute " section 389(1)(b) ".
Schedule 19	In paragraph 17(2), for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Civil Aviation Act 1980 (c. 60):
Section 4(3)	In paragraph (b), for " Companies Acts 1948 to 1980 " substitute " Companies Act 1985 ".
Section 5(5)	The same amendment.
Local Government, Planning and Land Act 1980 (c. 65):
Section 100(1)	For " section 150(4) of the Companies Act 1948 " substitute " section 736(5)(b) of the Companies Act 1985".
Section 141(7)	The same amendment.
Section 170	(a) In subsection (1)(d) the same amendment. (b) In subsection (2), the same amendment.
Schedule 31	In paragraph 11(2), for " section 161 of the Companies Act 1948 " substitute " section 389 of the Companies Act 1985".
English Industrial Estates Corporation Act 1981 (c. 13):
Section 7(3)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
National Film Finance Corporation Act 1981 (c. 15):
Section 7(3)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Schedule 2	In paragraph 3(3), for " Companies Act 1948 " substitute " Companies Act 1985 ".
Film Levy Finance Act 1981 (c. 16):
Schedule 1	In paragraph 7(3), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Licensing (Alcohol Education and Research) Act 1981 (c. 28):
Section 10(2)	In paragraph (a), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Finance Act 1981 (c. 35):
Section 55(4)	For " Companies Act 1948 " substitute " Companies Act 1985 ".
British Telecommunications Act 1981 (c. 38):
Section 85(2)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985; and for " section 150(4) of that Act" substitute " subsection (5)(b) of that section".
Supreme Court Act 1981 (c. 54):
Section 40A(2)	For " section 325 of the Companies Act 1948 " substitute " section 621 of the Companies Act 1985".
Transport Act 1981 (c. 56):
Section 11	(a) In subsection (2), for " sections 39 and 40 of the Companies Act 1980 " substitute " sections 263 and 264 of the Companies Act 1985 ". (b) In subsection (3), for " 40 " substitute " 264". (c) In subsection (4), for " section 157(1) of the Companies Act 1948 " substitute " section 235 of the Companies Act 1985".
Section 13(6)	For " Companies Act 1948 " substitute " Companies Act 1985 ".
Section 14(3)	In the definition of" subsidiary ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
New Towns Act 1981 (c. 64):
Section 68(2)	For " paragraph (a) of section 161(1) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Trustee Savings Banks Act 1981 (c. 65):
Section 24(2)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985 " ; and for "section 161(1)(b) of that Act of 1948" substitute " section 389(1)(b) of that Act of 1985".
Section 31	In paragraph (b), for " section 399 of the Companies Act 1948 " substitute " sections 666 to 669 of the Companies Act 1985".
Section 54	(a) In subsection (1), in the definition of " subsidiary ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985". (b) In subsection (2), for " section 399(8) of the Companies Act 1948 " substitute " section 666(6) of the Companies Act 1985 ".
Schedule 2	In paragraph 16(2), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985 " ; and for " section 161(1)(b) of that Act of 1948 " substitute " section 389(1)(b) of that Act of 1985".
Broadcasting Act 1981 (c. 68):
Section 12(4)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Section 42(2)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Section 63(1)	In the definition of " associate ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Schedule 7	In paragraph 8(2), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Agricultural Training Board Act 1982 (c. 9):
Section 8(2)	In paragraph (e), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Industrial Training Act 1982 (c. 10):
Section 8(2)	In paragraph (e), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Civil Aviation Act 1982 (c. 16):
Section 15(2)(a)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Section 23(3)	For " Companies Act 1948 " substitute " Companies Act 1985 " ; and for " section 407(1)(c) of the said Act of 1948 " substitute " section 691(1)(b)(ii) of the said Act of 1985".
Section 105(1)	In the definition of " subsidiary ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Oil and Gas (Enterprise) Act 1982 (c. 23):
Section 2	(a) In subsection (4), for " section 56 of the Companies Act 1948 " substitute " section 130 of the Companies Act 1985 " ; for "Part III of the Companies Act 1980" substitute " Part VIII of the Companies Act 1985 " ; and for " the said section 56 " substitute " the said section 130". (b) In subsection (8), for " Companies Acts 1948 to 1981 " substitute " Companies Act 1985 ".
Section 10	(a) In subsection (4), for " section 56 of the Companies Act 1948 " substitute " section 130 of the Companies Act 1985 " ; for "Part III of the Companies Act 1980" substitute " Part VIII of the Companies Act 1985 " ; and for " the said section 56 " substitute " the said section 130". (b) In subsection (8), for " Companies Acts 1948 to 1981 " substitute " Companies Act 1985 ".
Iron and Steel Act 1982 (c. 25):
Section 24	(a) In subsection (3), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985". (b) In subsection (4)(b), for the words from " the Companies Act 1948 (as amended " to " this Act)" substitute " the Companies Act 1985". (c) In subsection (5), for " section 157 of the Companies Act 1948 " substitute " section 235 of the Companies Act 1985".
Section 37	(a) In the definition of " company ", for " Companies Act 1948 " substitute " Companies Act 1985 ". (b) In the definition of " subsidiary ", for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Schedule 4	(a) Throughout the Schedule, for " the Companies Acts 1948 to 1980 ", " the Companies Act 1948 " and " the Companies Act 1967 " substitute " the Companies Act " ; and at the end of paragraph 1 insert" (which in this Schedule means the Companies Act 1985)". (b) In paragraph 2, for " 134 " substitute " 370". (c) In paragraph 3(5), for " 143 " substitute " 380". (d) In paragraph 3(6), for “ 14(7) " substitute " 387(1)". (e) In paragraph 5, for " section 184 " substitute " sections 303 and 304 (and also section 14 of the Companies Consolidation (Consequential Provisions) Act 1985)". (f) In paragraph 7, for " subsection (1) of section 23 " substitute " section 17(1)". (g) In paragraph 8, for " 66 " substitute " 135 " ; and— (i) in sub-paragraph (a), for " 69 " substitute " 138 " , (ii) in sub-paragraph (b), for " 69(3) and (4)" substitute " 138(3) and (4) ", and (iii) in sub-paragraph (c), for " 67, 68,70 and 71 " substitute " 136,137, 140 and 141".
Civil Jurisdiction and Judgments Act 1982 (c 27):
Schedule 5	In paragraph 1, for " Companies Act 1948 " substitute " Companies Act 1985 ".
Local Government (Finance) Act 1982 (c. 32):
Section 31(5)	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Finance Act 1982 (c. 39):
Schedule 9	In paragraph 3(5), for " Part III of the Companies Act 1980 " substitute " Part VIII of the Companies Act 1985".
Duchy of Cornwall Management Act 1982 (c. 47):
Section 9(2)	For " section 161(1)(a) of the Companies Act 1948 " substitute '* section 389(1)(a) of the Companies Act 1985 ".
Transport Act 1982 (c. 49):
Section 7	For " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985 " ; and for " section 150(4) " substitute " section 736(5)(b)".
Section 13(2)	For " Companies Act 1948 " Companies Act 1985".
Insurance Companies Act 1982 (c. 50):
	Throughout the Act, for " Companies Act 1948 " substitute " Companies Act".
Section 7(1)	For " 455 " substitute " 735".
Section 10(5)	The same amendment.
Section 21(1)	For " Companies Acts 1948 to 1981 " substitute " Companies Act".
Section 48	(a) In subsection (1), for " Section 37(1) of the Companies Act 1967 " substitute " Section 438(1) of the Companies Act". (b) In subsection (3), for " section 37(1) of the said Act of 1967 '* substitute " section 438(1) of the Companies Act".
Section 49(7)	For " 206 or 208 " substitute " 425 or 427".
Section 50(3)	For " 75 " (the first time) substitute " 183(1) “.
Section 53	For " that Act of 1948 " substitute " the Companies Act".
Section 54(1)	(a) In paragraph (a), for " 222 and 223 or section 399 " substitute " 518 or sections 667 to 669". (b) In paragraph (c), for " section 12 of the Companies Act 1976 " substitute " sections 221 and 222 of the Companies Act".
Section 55	(a) In subsection (5), for " (1) and (2) of section 246 " substitute " (1) to (3) of section 540". (b) In subsection (6), for " 333(1) of the said Act of 1948 " substitute " 631 of the Companies Act".
Section 56	(a) In subsection (4)— (i) for " Subsections (2) and (3) of section 263 " substitute '* Section 556(3) ", and (ii) for " section 263 of the said Act of 1948 " substitute " section 556 of the Companies Act". (b) In subsection (7), for " 245(1) of the said Act of 1948 " substitute " 539(1) of the Companies Act".
Section 59	(a) In subsection (1), for " 365 " substitute " 663". (b) In subsection (2), for " 365 of the said Act of 1948 " substitute " 663 of the Companies Act " ; and in paragraph (b) of the subsection, for "319 of the said Act of 1948 " substitute " 614 of, and Schedule 19 to, the Companies Act".
Section 71	After subsection (4), insert— “(4A) A person who publishes or discloses any information or document in contravention of section 47 A above shall be guilty of an offence under section 449 of the Companies Act and liable accordingly.”.
Section 87	(a) In subsection (1), for " section 406 of the Companies Act 1948 " substitute " the Companies Act". (b) In subsection (2), for paragraphs (a) and (b) substitute— “(a) sections 691 to 693, 695 to 698, 700 to 703 and 708 of the Companies Act.”.
Section 89	(a) In subsection (1), for " 434 " substitute " 716". (b) In subsection (2), the same amendment.
Section 96(1)	(a) After the definition of " chief executive " insert— “' the Companies Act ' means the Companies Act 1985”. (b) In the definition of " holding company ", for " 154 " substitute " 736". (c) At the end of the definition of " former Companies Acts " add " and the Companies Acts 1948 to 1983 ". (d) In the definition of " insolvent ", for " 222 and 223 or section 399 " substitute " 517 and 518 or section 666". (e) In the definition of " registrar of companies ", for " meaning given in section 455 of " substitute " the same meaning as in". (f) In the definition of " subsidiary ", for " 154 " substitute " 736".
Section 100	In subsection (3), after "Act" insert " except sections 47A, 47B and 71(4A)".
Pilotage Act 1983 (c. 21):
Section 4(4)	For " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Finance Act 1983 (c. 28):
Schedule 5	(a) In paragraph 5(4), for " Companies Act 1948 " substitute " Companies Act 1985 ". (b) In paragraph 10(4)(a), for " Companies Act 1980 " substitute " Companies Act 1985" ; and for " section 4 " (twice) substitute " section 117". (c) In paragraph 20(2), for " section 455 of the Companies Act 1948 " substitute " section 735 of the Companies Act 1985".
National Heritage Act 1983 (c. 47):
Schedule 3	In paragraph 12(6)(a), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Car Tax Act 1983 (c. 53):
Schedule 1	In paragraph 4, in both sub-paragraphs (1)(c) and (2)(c), for " section 319 of the Companies Act 1948 " substitute " section 614 of the Companies Act 1985, with Schedule 19 to that Act " ; and for " section 94 of the Act of 1948 " substitute " section 196 of the Act of 1985".
Medical Act 1983 (c. 54):
Schedule 1	In paragraph 18(3), for " section 161(1)(a) of the Companies Act 1948 " substitute " section 389(1)(a) of the Companies Act 1985".
Value Added Tax Act 1983 (c. 55):
Section 29(8)	For " Companies Act 1948 " substitute " Companies Act 1985 " .
Schedule 7	In paragraph 12, in both sub-paragraphs (1)(c) and (2)(c), for " section 319 of the Companies Act 1948 " substitute " section 614 of the Companies Act 1985, with Schedule 19 to that Act " ; and for " section 94 of the Act of 1948 " substitute " section 196 of the Act of 1985".
Telecommunications Act 1984 (c. 12):
Section 60(3)	For " Companies Act 1948 " substitute " Companies Act 1985 or the enactments thereby replaced".
Section 61(4)	In paragraph (b), for " Companies Acts 1948 to 1981 " substitute " Companies Act 1985 " .
Section 66	(a) In subsection (3), for " section 40(2)(d) of the Companies Act 1980 " substitute " section 264(3)(a*) of the Companies Act 1985 " ; and for " section 40(2)(c) " substitute " section 264(3)(c)". (b) In subsection (6), for " Companies Acts 1948 to 1981 " substitute " Companies Act 1985 ".
Section 68	In subsection (1), for " Companies Act 1948 " substitute " Companies Act 1985 " .
Section 70	(a) In subsection (1), for " Schedule 4 to the Companies Act 1948 " substitute " Schedule 3 to the Companies Act 1985". (b) In subsection (3)(a), for " section 41 of the said Act of 1948 " substitute " section 64(1) of the Companies Act 1985". (c) In subsection (5)(a), for " sections 37 to 46 of the said Act of 1948 " substitute " Chapter I of Part III of the Companies Act 1985".
Section 73(1)	For " Companies Act 1948 " substitute " Companies Act 1985 ".
Schedule 5	In paragraph 51, substitute the following for sub-paragraphs (1) and (2)— “(1) Where a distribution is proposed to be declared during the accounting reference period of the successor company which includes the transfer date or before any accounts are laid or filed in respect of that period, sections 270 to 274 and 275(7) of the Companies Act 1985 (accounts relevant for determining whether a distribution may be made by a company without contravening Part VIII of that Act) shall have effect as if— (a) the reference in section 270(2) to the company's accounts, and (b) references in section 273 to initial accounts, included references to such accounts as, on the assumptions stated in sub-paragraph (3) below, would have been prepared under Part VII of that Act in respect of the relevant year.”
County Courts Act 1984 (c. 28):
Section 98(3)	For " sections 325 and 326 of the Companies Act 1948 " substitute " sections 621 and 622 of the Companies Act 1985".
Housing and Building Control Act 1984 (c. 29):
Schedule 4	(a) In paragraph 11(1), for "section 161(1)(a) of the Companies Act 1948" substitute " section 389(1)(a) of the Companies Act 1985 " ; and for " section 161(1)(b) " substitute " section 389(1)(b)". (b) In paragraph 11(2), for " section 154 of the Companies Act 1948 " substitute " section 736 of the Companies Act 1985".
Food Act 1984 (c. 30):
Section 51(2)	In paragraph (a), for " 1948 " substitute " 1985 " ; and for " Part IV " substitute " Part XI".
Capital Transfer Tax Act 1984 (c. 51):
Section 13(5)	For " Companies Act 1948 " substitute " Companies Act 1985 ".
Section 103(2)	The same amendment.
Section 234(3)	In paragraph (b), the same amendment.

TABLE OF DERIVATIONS

Notes:

The following abbreviations are used in this Table:—

" 1948 "	= Companies Act 1948 (c. 38).
" 1967 "	= Companies Act 1967 (c. 81).
" SECOBA "	= Stock Exchange (Completion of Bargains) Act 1976 (c. 47).
" 1980 "	= Companies Act 1980 (c. 22).
" 1981 "	= Companies Act 1981 (c. 62).

1 The entry "Drafting" in the right-hand column indicates that the section in question does not reproduce any specific provision of an Act repealed by the Act, but is required for accuracy in the Act's provisions.

2 Section 28 of the Act effects certain repeals in the Companies Act 1948 in pursuance of recommendations of the Law Commission, and does not form part of the consolidation of the Companies Acts.

3 Section 31 of the Act, with the side-note " Continuity of law ", contains savings and transitional provisions of the character to be found in any conventional consolidation. It does not reproduce any specific provision of an Act repealed by the Act.

4 The entry "Consequential" in the right-hand column indicates amendments of enactments (and, in the case of section 27, a statutory instrument) required to maintain their consistency with provisions of the consolidation.

Provision	Derivation
1	1980s. 8(1), (2); 1981 s. 113.
2	1980 s. 8(3)-(7).
3	1980s. 8(11).
4	1980 ss. 8(8)-10), (12), 11(1).
5	1980 s. 9.
6	1980 ss. 37(12), 38(1), (2)(d).
7	1980 s. 15(5).
8	1980 s. 76(1), (4).
9	1980 s. 31(1)(b), (2).
10	1948 s. 21.
11	SECOBA s. 2(2).
12	1981 ss. 36(3), 39, 40(4)-(7), 41.
13	1948 s. 91.
14	1948 s. 184(1) proviso.
15	1948 s. 189.
16	1981 s. 105(2).
17	1948 s. 308(2).
18	1948 s. 322(1) proviso.
19	1948 s. 350(2).
20	1980 s. 83.
21	Drafting.
22	1948 s.460.
23	1981 s.91(8).
24	1981 s.107.
25	1967 ss. 111. 116(1); 1974 c. 49 Sch. 1; 1981 ss. 103(3). 104(1)-(3); 1982 c. 50 Sch. 5 para. 6.
26	1967 c. 48 s. 3; 1972 c. 67 s. 10.
27	Consequential.
28	See Note 2 above.
29	—
30	Consequential.
31	See Note 3 above.
32	Drafting.
33-35	—
Sch. 1	—
Sch. 2	Consequential.