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1(1)A section 87 order may include provision—U.K.
(a)enabling the board to establish subsidiaries, and
(b)enabling or requiring the board to carry out specified functions through subsidiaries.
(2)“Subsidiary” means a subsidiary as defined by [F1section 1159 of the Companies Act 2006].
Textual Amendments
F1Words in Sch. 10 para. 1(2) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 255 (with art. 10)
Commencement Information
I1Sch. 10 para. 1 in force at 1.10.2006 by S.I. 2006/2541, art. 2 (with Sch.)