SCHEDULE 1CONSEQUENTIAL AMENDMENTS

Ports (Northern Ireland) Order 1994 (S.I. 1994/2809 (N.I. 16))150

1

The Ports (Northern Ireland) Order 1994 is amended as follows.

2

In Article 2(2) (interpretation)—

a

in the definition of “equity share capital” for “Article 2(3) of the Companies (Northern Ireland) Order 1986” substitute “ section 548 of the Companies Act 2006 ”;

b

in the definition of “subsidiary” and “wholly-owned subsidiary” for “Article 4 of the Companies (Northern Ireland) Order 1986” substitute “ section 1159 of the Companies Act 2006 ”.

3

In Article 3(2) (formation of companies for purposes of transfer of port undertakings), for “the Companies (Northern Ireland) Order 1986” substitute “ the Companies Act 2006 ”.

4

In Article 5(4)(b) (initial shares issued by successor company treated as if fully paid up in cash), for “the Companies (Northern Ireland) Order 1986” substitute “ the Companies Acts (as defined in section 2(1) of the Companies Act 2006) ”.