Search Legislation

British Aerospace Act 1980

Status:

This is the original version (as it was originally enacted).

  1. Introductory Text

  2. Vesting of property, etc., of British Aerospace in a company nominated by the Secretary of State

    1. 1.Vesting of property, etc., of British Aerospace in a company nominated by the Secretary of State

    2. 2.Cancellation of certain Government investment in British Aerospace

    3. 3.Initial Government shareholding in the successor company

    4. 4.Financial structure of the successor company and its subsidiaries

    5. 5.Government investment in shares and securities of the successor company

    6. 6.Exercise of Secretary of State's functions under sections 3 and 5 through nominees

    7. 7.Target investment limit for Government shareholding under sections 3 and 5

    8. 8.Liability of the successor company for defaulting subsidiary where cause of action arose before appointed day

    9. 9.Liability of Secretary of State in respect of obligations vesting in the successor company by virtue of section I, etc.

    10. 10.Dissolution of British Aerospace and transitional provisions

  3. Miscellaneous and supplemental

    1. 11.Application of Trustee Investments Act 1961 in relation to investment in the successor company

    2. 12.Corporation tax and development land tax

    3. 13.Administrative expenses

    4. 14.Interpretation

    5. 15.Citation, repeals and extent

  4. SCHEDULES

    1. SCHEDULE 1

      Effect of Section 1 in Certain Cases

      1. Modification of agreements

        1. 1.Where immediately before the appointed day there is in force...

      2. Contracts of employment and pensions

        1. 2.It is hereby declared for the avoidance of doubt that—...

      3. Regional development grants

        1. 3.(1) Where an asset, or the right to receive an...

    2. SCHEDULE 2

      Transitional Provisions

      1. 1.(1) Subject to the following provisions of this paragraph, subsections...

      2. 2.(1) Section 2 of this Act shall not operate to...

      3. 3.Section 2 of this Act shall not operate to extinguish—...

      4. 4.(1) Section 41(5) or (as the case may be) section...

      5. 5.(1) Any record kept in accordance with arrangements made by...

      6. 6.The repeals made by this Act in the House of...

    3. SCHEDULE 3

      Enactments Repealed

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources