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EXPLANATORY NOTE

(This note is not part of the Order)

This Order amends the constitution of the Mersey Docks and Harbour Company. It allows the Company to register as a private limited company under the Companies Act 1985 and disapplies the Companies Clauses Consolidation Acts 1845 and 1888, when and if any such registration becomes successful. It provides additional powers to the Company, on registration, to enable it to function in a more efficient and economic manner. The Order also provides for the repeal of earlier statutory provisions relating to the Company on the completion of registration, as these would become unnecessary as a result of the registration.