§ 26A.—(1) Section 17 of the Aircraft and Shipbuilding Industries Act 1977 (British Shipbuilders: accounts and audit) is amended as follows.
§ (2) In subsection (1)(c) (duty to prepare consolidated accounts) for "subsidiaries" substitute "subsidiary undertakings".
§ (3) In subsection (9) (copies of accounts to be sent to the Secretary of State) for "subsidiaries" substitute "subsidiary undertakings" and for "subsidiary" substitute "subsidiary undertaking".
§
(4) After subsection (9) add—
(10) In this section "subsidiary undertaking" has the same meaning as in Part VII of the Companies Act 1985.".