British Shipbuilders Act 1983 (repealed)

The Aircraft and Shipbuilding Industries Act 1977 (in this Act referred to as " the 1977 Act") shall have effect subject to the following amendments (which are designed to remove the general duties of British Shipbuilders and modify its powers).

Section 2 (which imposes general duties on British Shipbuilders) shall cease to have effect.

For subsection (1) of section 3 (which confers power on British Shipbuilders to carry on activities which it is under a duty to carry on and to carry on certain other activities) there shall be substituted the following subsection—

In section 18 subsection (4) (which provides for annual reports to contain statements about the performance of British Shipbuilders' duty under section 2(8)) shall cease to have effect.

In section 48(2) (duty of British Shipbuilders to consult with Northern Ireland state-controlled bodies) for the words " subsection (2) of that section " there shall be substituted the words " section 3(1)(a) and (b) above " .

The following sections shall be inserted after section 4 of the 1977 Act—

Section 5 of the 1977 Act (duty of British Shipbuilders to review and report on management of its affairs) shall cease to have effect.

In section 18 of the 1977 Act (annual report) the following subsection shall be inserted after subsection (3)—

In section 53 of the 1977 Act (liabilities of British Shipbuilders etc.), in subsection (1) the words "or has at any time since the cause of action arose been such a subsidiary " and subsection (2) shall cease to have effect; but nothing in this Act shall affect the operation of that section in a case where the cause of action has arisen, or would (but for this Act) be deemed to have arisen, before the coming into force of this Act.

This Act may be cited as the British Shipbuilders Act 1983.

In this Act " the 1977 Act" means the Aircraft and Shipbuilding Industries Act 1977.

The enactments specified in the Schedule to this Act are hereby repealed to the extent specified in the third column of that Schedule.

This Act shall come into force at the expiry of the period of two months beginning with the day on which it is passed.

This Act extends to Northern Ireland.