SCHEDULES
SCHEDULE 18“Subsidiary” and related expressions: consequential amendments and savings
Companies Act 1985 (c. 6)
37
For the purposes of section 743 of the Companies Act 1985 (meaning of “employees' share scheme”), a company which immediately before the commencement of section 144(1) was a subsidiary of another company shall not be treated as ceasing to be such a subsidiary by reason of that subsection coming into force.