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Steel Industry (Nationalisation) Act 2026

Steel Industry (Nationalisation) Act 2026 s 51

s 51 Interpretation of Part 1

In this Part — “ company ” means a company as defined by section 1 (1) of the Companies Act 2006 ; “ connected property transfer regulations ” has the meaning given by section 28 ; “ connected reverse property transfer regulations ” has the meaning given by section 29 ; “ enactment ” includes— an enactment comprised in subordinate legislation (as defined in section 21 of the Interpretation Act 1978 ); an enactment comprised in, or in an instrument made under, a Measure or Act of Senedd Cymru; an enactment comprised in, or in an instrument made under, an Act of the Scottish Parliament; an enactment comprised in, or in an instrument made under, Northern Ireland legislation; assimilated direct legislation; “ onward property transfer regulations ” has the meaning given by section 26 ; “ onward share transfer regulations ” has the meaning given by section 13 ; “ principal transfer power ” has the meaning given by section 2 (3) ; “ property transfer regulations ” has the meaning given by section 15 ; “ reverse property transfer regulations ” has the meaning given by section 27 ; “ reverse share transfer regulations ” has the meaning given by section 14 ; “ securities ” has the meaning given by section 5 ; “ service contract ” has the meaning given by section 227 of the Companies Act 2006 ; “ share transfer regulations ” has the meaning given by section 4 ; “ specified ”, in relation to regulations under this Part , means specified in the regulations; “ supplemental property transfer regulations ” has the meaning given by section 25 ; “ supplemental share transfer regulations ” has the meaning given by section 12 ; “ transfer power ” means a power conferred by this Part to make any of the following— share transfer regulations; supplemental share transfer regulations; onward share transfer regulations; reverse share transfer regulations; property transfer regulations; supplemental property transfer regulations; onward property transfer regulations; reverse property transfer regulations; connected property transfer regulations; connected reverse property transfer regulations; “ undertaking ” has the meaning given by section 1161 (1) of the Companies Act 2006 .

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