The Ports (Northern Ireland) Order 1994 No. 2809 (NI. 16)

Transfer of statutory port undertakings N.I.

Formation of companies for purposes of transfer of certain statutory port undertakings N.I.

3.—(1) Any relevant port authority may form a company whose objects include the acquisition of property, rights and liabilities and the assumption of functions of the authority by virtue of a transfer under Article 4.

(2) Any company formed under paragraph (1) shall be a company limited by shares and registered under [F1 the Companies Act 2006].

(3) In this Order “relevant port authority” means any body which is a harbour authority, other than a company having a share capital or a district council.

F1 Words in art. 3(2) substituted (1.10.2009) by Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 2(1), Sch. 1 para. 150(3) (with art. 10)