Telecommunications Act 1984

c. 12

68

PART

V

1983 c. 55.

(5) If the transfer date falls before the end of the period of
three years beginning with 1st October 1981, then, for the purposes of section 29 of the Value Added Tax Act 1983 (value
added tax : group registration) the successor company, the Post
Office and any bodies corporate resident in the United Kingdom
which are subsidiaries of either of those bodies shall be eligible
to be treated as members of a group from that date until the
end of that period ; and where, by virtue of this subsection, two
or more bodies are so treated, the Commissioners of Customs
and Excise shall, as soon as practicable after the end of that
period, terminate that treatment from such date as may be specified in the notice.

73.-(1) In this Part-

" debenture " includes debenture stock ;
" securities ", in relation to a company, includes

Interpretation
of Part V.

"

"

1948 c. 38.

shares, de-

bentures, bonds and other securities of the company,
whether or not constituting a charge on the assets of
the company ;
shares " includes stock ;
subsidiary " has the same meaning as in the Companies

Act 1948.

(2) An order under section 60 above nominating any company
for the purposes of that section and an order under subsection
(1) of that section appointing the transfer date may be varied or
revoked by a subsequent order at any time before any property,
rights or liabilities vest in any company by virtue of section 60
above.

A company shall be regarded for the purposes of this Part
wholly owned by the Crown at any time when all the issued
shares in the company are held by or on behalf of the Crown.
(3)

as

PART

VI

PROVISIONS RELATING TO WIRELESS TELEGRAPHY

Amendment and enforcement of Wireless Telegraphy Acts
Restriction on
74. The following section shall be inserted in the 1949 Act
revocation or immediately after section
variation of
3A.-(1) Subject to subsection (2) below, this seccertain wireless " Restriction
on
telegraphy
tion
applies in any case where a wireless telegraphy
revocation

3-

licences.

or variation
of certain
wireless

telegraphy
licences.

licence is granted to any person who holds a licence
granted under section 7 of the Telecommunications
Act 1984 (" the telecommunications licence ") authorising the running of a telecommunication system

Select target paragraph3