Sch 2 para 1
In this Part of this Schedule— “ authority ” means an existing disposal authority as defined in section 32(1); “ company ” means a waste disposal contractor formed under the Companies Act 1985 by a waste disposal authority as mentioned in section 30(5); “ direction ” means a direction under section 32(2); “ joint company ” means a company in which more than one authority holds securities; “ securities ”, in relation to a company includes shares, debentures, bonds or other securities of the company, whether or not constituting a charge on the assets of the company; and “ the vesting date ” means the date on which property, rights and liabilities vest in a company by virtue of a transfer scheme under paragraph 6 below.