LegalizeReform history
British Steel Act 1988
6 versions
· 1988-07-29
2015-05-26
British Steel Act 1988
2009-10-01
British Steel Act 1988
Changes on 2009-10-01
@@ -262,11 +262,11 @@
- “*subordinate legislation*” has the same meaning as in the Interpretation Act 1978;
- “*subsidiary*” has the meaning given by section 736 ofthe Companies Act 1985;
- “*the successor company*” means the company nominated for the purposes of section 1;
- “*the transitional period*” has the meaning given by section 10(1).
- “*subsidiary*” has the meaning given by section 1159 of the Companies Act 2006;
- “ *the successor company* ” means the company nominated for the purposes of section 1;
- “ *the transitional period* ” has the meaning given by section 10(1).
- (2) A company shall be regarded for the purposes of this Act as wholly owned by the Crown at any time when each of the issued shares of the company is held by, or by a nominee of, the Treasury or the Secretary of State.
@@ -568,7 +568,7 @@
- (6) In this paragraph “*the relevant year*” means the last financial year of the Corporation ending before the appointed day.
#### Vesting of property etc. of British Steel Corporation in a successor company.
#### Reduction and subsequent extinguishment of Corporation’s public dividend capital.
#### Short title, commencement and extent.
@@ -590,13 +590,11 @@
[^c803561]: [1988 c. 1](https://www.legislation.gov.uk/ukpga/1988/1).
[^c803563]: [1982 c. 25](https://www.legislation.gov.uk/ukpga/1982/25).
[^c803564]: [1978 c. 30](https://www.legislation.gov.uk/ukpga/1978/30).
[^c803565]: Words substituted by [Companies Act 1989 (c. 40, SIF 27)](https://www.legislation.gov.uk/ukpga/1989/40), [s. 144(4)](https://www.legislation.gov.uk/ukpga/1989/40/section/144/4), [Sch. 18 para. 47](https://www.legislation.gov.uk/ukpga/1989/40/schedule/18/paragraph/47)
[^c803566]: [1985 c. 6](https://www.legislation.gov.uk/ukpga/1985/6).
[^c803563]: [1982 c. 25](https://www.legislation.gov.uk/ukpga/1982/25) .
[^c803564]: [1978 c. 30](https://www.legislation.gov.uk/ukpga/1978/30) .
[^c803565]: Words substituted by [Companies Act 1989 (c. 40, SIF 27)](https://www.legislation.gov.uk/ukpga/1989/40) , [s. 144(4)](https://www.legislation.gov.uk/ukpga/1989/40/section/144/4) , [Sch. 18 para. 47](https://www.legislation.gov.uk/ukpga/1989/40/schedule/18/paragraph/47)
[^c803567]: [1985 c. 12](https://www.legislation.gov.uk/ukpga/1985/12).
@@ -640,6 +638,10 @@
[^key-3a01f0d3a5c078824f3872bd690528da]: Words in [s. 11(7)](https://www.legislation.gov.uk/ukpga/1988/35/section/11/7) substituted (1.4.2009) by [Corporation Tax Act 2009 (c. 4)](https://www.legislation.gov.uk/ukpga/2009/4), [s. 1329(1)](https://www.legislation.gov.uk/ukpga/2009/4/section/1329/1), [Sch. 1 para. 329](https://www.legislation.gov.uk/ukpga/2009/4/schedule/1/paragraph/329) (with [Sch. 2 Pt. 1](https://www.legislation.gov.uk/ukpga/2009/4/schedule/2/part/1), [2](https://www.legislation.gov.uk/ukpga/2009/4/schedule/2/part/2))
#### Application of Trustee Investments Act 1961 in relation to investment in the successor company.
[^key-b96b1a13d7d4fd0371b0ecdff70bd0c5]: Words in s. 15(1) substituted (1.10.2009) by [The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941)](https://www.legislation.gov.uk/uksi/2009/1941) , [art. 1(2)](https://www.legislation.gov.uk/uksi/2009/1941/article/1/2) , [Sch. 1 para. 95](https://www.legislation.gov.uk/uksi/2009/1941/schedule/1/paragraph/95) (with [art. 10](https://www.legislation.gov.uk/uksi/2009/1941/article/10) )
#### Orders.
#### Consequential amendments, repeals and transitional provisions.
#### Consequential amendments, repeals and transitional provisions.
2009-04-01
British Steel Act 1988
2008-04-06
British Steel Act 1988
2004-07-22
British Steel Act 1988
1988-07-29
British Steel Act 1988
original version
Text at this date