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(This note is not part of the Order)
This Order provides for the transfer of certain statutory port undertakings to companies limited by shares and registered under the Companies (Northern Ireland) Order 1986 and for the disposal of securities in such companies.
Articles 15 to 18 provide for levies on the proceeds of disposals of such securities and Articles 19 and 20 for ldevies on gains accruing to such companies on subsequent disposals of land.
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