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SCHEDULES

SCHEDULE 2Provisions relating to carrying out of approved scheme of reorganisation

Part ITaxation provisions

Northern Ireland

32(1)In this Part of this Schedule—

(a)“approved scheme” includes a scheme of reorganisation approved under any provision in Northern Ireland legislation corresponding to section 3 above (with any variation approved under any provision in such legislation corresponding to section 5 above) and in relation to which approval has not been withdrawn under any provision in such legislation corresponding to section 6 above, and

(b)“milk marketing board” includes the board established under the Milk Marketing Scheme (Northern Ireland) 1989.

(2)In the application of this Part of this Schedule by virtue of sub-paragraph (1) above—

(a)any reference to section 11 above shall be construed as a reference to any corresponding provision in Northern Ireland legislation;

(b)any reference to the [1965 c. 12.] Industrial and Provident Societies Act 1965 shall be construed as a reference to the [1969 c. 24 (N.I.).] Industrial and Provident Societies Act (Northern Ireland) 1969;

(c)any reference to the [1985 c. 6.] Companies Act 1985 shall be construed as a reference to the [S.I. 1986/1032 (N.I. 6).] Companies (Northern Ireland) Order 1986;

(d)“registered producers”, in relation to the board established under the Milk Marketing Scheme (Northern Ireland) 1989, means persons registered as producers under the marketing scheme administered by the board; and

(e)“subsidiary” has the same meaning as in the Companies (Northern Ireland) Order 1986.

(3)In paragraph 27 above, the reference to section 17 above shall be construed as including a reference to any corresponding provision in Northern Ireland legislation.