The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009

Water and Sewerage Services (Northern Ireland) Order 2006 (S.I. 2006/3336 (N.I. 21))

263.—(1) The Water and Sewerage Services (Northern Ireland) Order 2006 is amended as follows.

(2) In Article 2(2) (general interpretation), for the definition of “limited company” substitute—

““limited company” means a company as defined in section 1(1) of the Companies Act 2006 that—

(a)

is registered in Northern Ireland, and

(b)

is limited by shares;”.

(3) In Article 268(1) (interpretation of Part 10)—

(a) for the definition of “the Companies Order” substitute—

““the Companies Acts” has the meaning given by section 2(1) of the Companies Act 2006;”;

(b) for the definitions of “subsidiary” and “subsidiary undertaking”(1) substitute—

““subsidiary” and “subsidiary undertaking” have the same meanings as in the Companies Acts (see sections 1159 and 1162 of the Companies Act 2006);”.

(4) In Article 269(1)(a) (the successor company), for “, within the meaning of the Companies Order” substitute “(within the meaning of section 3 of the Companies Act 2006)”.

(5) In Article 271 (initial departmental holding in successor company: shares to be issued as if fully paid up in cash)—

(a) in paragraph (4)(b), for “the Companies Order” substitute “the Companies Acts”;

(b) in paragraph (5)(2), omit “(as defined in section 2 of the Companies Act 2006)”.

(6) In Article 276(5)(3) (accounts etc of successor company), omit “(as defined in section 2 of the Companies Act 2006)”.

(1)

The definition of “subsidiary undertaking” in section 268(1) was amended by S.I. 2008/948, Schedule 1, paragraph 252(2).

(2)

Article 271(5) was amended by S.I. 2007/2194 (C.84), Schedule 4, paragraph 112.

(3)

Article 276(5) was amended by S.I. 2008/948, Schedule 1, paragraph 252(4)(c).