Transport (Scotland) Act 1989

16Interpretation

In this Act, unless the context otherwise requires—

  • “the 1962 Act” means the [1962 c. 46.] Transport Act 1962;

  • “the 1968 Act” means the [1968 c. 73.] Transport Act 1968;

  • “company” means a body corporate;

  • “the disposal programme” has the meaning given by section 1(4) of this Act;

  • “employees' share scheme” means a scheme for encouraging or facilitating the holding of shares or debentures in a company by or for the benefit of—

    (a)

    the bona fide employees or former employees of the company or of a subsidiary of the company; or

    (b)

    the wives, husbands, widows, widowers or children or step-children under the age of 18 of such employees or former employees;

  • “equity share capital” has the meaning given in the [1985 c. 6.] Companies Act 1985;

  • “the Group” has the meaning given by section 1(1) of this Act;

  • “subsidiary” means, in relation to a body corporate, a body corporate which is a subsidiary of the first-mentioned body corporate as defined by section 736 of the Companies Act 1985 (taking references in that section to a company as being references to a body corporate).