Statutory Instruments
COMPANIES
Made
9th July 1990
Laid before Parliament
10th July 1990
Coming into force
1st November 1990
The Secretary of State, in exercise of the powers conferred by section 144(4) of the Companies Act 1989(1) and of all other powers enabling him in that behalf, hereby makes the following Regulations:
1. These Regulations may be cited as the Definition of Subsidiary (Consequential Amendments) Regulations 1990 and shall come into force on 1st November 1990.
2. In section 77(3) of the Electricity Act 1989(2), in the definition of “subsidiary”, for the words “has the same meaning as in” substitute “has the meaning given by section 736 of”.
John Redwood
Parliamentary Under-Secretary of State,
Department of Trade and Industry
9th July 1990
(This note is not part of the Order)
These Regulations effect a minor amendment to the Electricity Act 1989, consequential on the new definition of “subsidiary” inserted by section 144 of the Companies Act 1989 into the Companies Act 1985 (c. 6).