SCHEDULE 1AMENDMENTS COMING INTO FORCE ON 6TH APRIL 2008

PART 2OTHER AMENDMENTS

Local Government and Housing Act 1989 (c.42)160

1

The Local Government and Housing Act 1989167 is amended as follows.

2

In section 68 (companies controlled by local authorities), in subsection (6)(g) for “the Companies Act 1985” substitute “the Companies Act 2006”.

3

In section 69 (companies subject to local authority influence)—

a

in subsection (4)(a), for “section 152(2) of the Companies Act 1985” substitute “section 677(2) and (3) of the Companies Act 2006”;

b

for subsection (4)(b) substitute—

b

“fixed assets” means assets of a company that are intended for use on a continuing basis in the company’s activities, and “current assets” means assets not intended for such use;

c

in subsection (9), for “the Companies Act 1985” substitute “the Companies Acts (as defined in section 2 of the Companies Act 2006)”.

4

In section 71 (controls of minority interests etc in certain companies)—

a

in subsections (4) and (5)(a), for “section 375 of the Companies Act 1985” substitute “section 323 of the Companies Act 2006”;

b

in subsection (8), for “the Companies Act 1985” substitute “the Companies Acts (as defined in section 2 of the Companies Act 2006)”.