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Extension of objects of Holding Company to cover aerodromes etc. 16.(1) The objects of the Northern Ireland Transport Holding Company (in this section called "the Holding Company") established under Part V of the Transport Act (Northern Ireland) 1967 are hereby extended so as to include the acquiring, holding and managing of properties for aerodrome purposes and the provision, maintenance and management of services and facilities for use in connection therewith and, accordingly, (a)the functions of the Holding Company shall be exercisable in relation to any such property as if that property had been vested in the Company under section 68 of the said Act of 1967; (b)the Holding Company may form, promote and assist companies (including subsidiary companies) for the purposes of any of its objects as extended by this section; and (c)references in the said Act of 1967 to the objects, duties, powers, functions, requirements or activities of the Holding Company shall be construed so as to take account of the extension of the objects of the Company effected by this section. Subs.(2) repeals 1970 c.14(NI)
© 1971 Crown Copyright
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