HC Deb 09 May 2000 vol 349 cc764-5

Amendment made: No. 89, in page 26, line 5, leave out from "which" to end of line 8 and insert— 'contains provisions falling within one or more of subsections (2) to (3E).'.

No. 90, in page 26, line 22, at end insert—

No. 91, in page 26, line 23, leave out from "of' to end of line 24 and insert— 'a company falling within paragraph (ba) or (bb).'.

No. 92, in page 26, line 24, at end insert— '(3A) Provisions falling within this subsection are ones for the transfer of any of the property, rights or liabilities of a company (the transferor) which is a wholly owned subsidiary of a company wholly owned by the CAA, or of all or part of the transferor's undertaking, to any of the following—

  1. (a) the CAA;
  2. (b) a company which is wholly owned by the Crown;
  3. (c) a company which is wholly owned by the CAA;
  4. (d) a company which is a wholly owned subsidiary of a company falling within paragraph (b) or (c).
(3B) Provisions falling within this subsection are ones for the transfer of any of the property, rights or liabilities of a company (the transferor) which is wholly owned by the Crown but which was wholly owned by the CAA on the coming into force of this section, or of all or part of the transferor's undertaking, to any of the following—
  1. (a) a company which is wholly owned by the Crown;
  2. (b) a company which is a wholly owned subsidiary of the transferor.
(3C) Provisions falling within this subsection are ones for the transfer of any of the property, rights or liabilities of a company (the transferor) which is wholly owned by the Crown, or of all or part of the transferor's undertaking, to the CAA. (3D) Provisions falling within this subsection are ones for the transfer of any of the property, rights or liabilities of a company (the transferor) in circumstances where the transferor is a wholly owned subsidiary of a company (the holding company) wholly owned by the Crown and the holding company was wholly owned by the CAA on the coming into force of this section, or of all or part of the transferor's undertaking, to any of the following—
  1. (a) a company which is wholly owned by the Crown;
  2. (b) a company which is a wholly owned subsidiary of a company falling within paragraph (a).
(3E) Provisions falling within this subsection are ones for the transfer of any of the property, rights or liabilities of a company (the transferor) which is a wholly owned subsidiary of a company wholly owned by the Crown, or of all or part of the transferor's undertaking, to the CAA.'.

No. 93, in page 26, line 29, after "a" insert "transfer.—[Mr. Robert Ainsworth.]

Ordered,

That clause No. 40, as amended, be divided into two Clauses, the first consisting of subsections (1) to (4)—[Meaning of transfer scheme] and the second of subsections (5) to (9) [Transfer schemes: supplementary].—[Mr. Robert Ainsworth.]

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