sec.144Part applies to subsidiaries

### sec.144 Part applies to subsidiaries This part applies to a GOC subsidiary and its employees in the same way as it applies to the GOC and its employees. For subsection (1) — a reference in this part to the GOC’s board is taken to be a reference to the subsidiary’s board of directors; and a reference in this part to the shareholding Ministers is taken to be a reference to the shareholding Ministers of each GOC that is a shareholder of the subsidiary. Section 146 , as it applies to a GOC subsidiary under subsection (1) , does not limit a provision of the subsidiary’s constitution requiring the subsidiary’s board to consult the board of a GOC that is a shareholder of the subsidiary before appointing senior executives under the section. s 144 prev s 144 om 2007 No. 10 s 62 sch pres s 144 amd 1994 No. 31 s 16 sch 3 ; 2007 No. 10 s 51 (sec.144-ssec.1) This part applies to a GOC subsidiary and its employees in the same way as it applies to the GOC and its employees. (sec.144-ssec.2) For subsection (1) — a reference in this part to the GOC’s board is taken to be a reference to the subsidiary’s board of directors; and a reference in this part to the shareholding Ministers is taken to be a reference to the shareholding Ministers of each GOC that is a shareholder of the subsidiary. (sec.144-ssec.3) Section 146 , as it applies to a GOC subsidiary under subsection (1) , does not limit a provision of the subsidiary’s constitution requiring the subsidiary’s board to consult the board of a GOC that is a shareholder of the subsidiary before appointing senior executives under the section. - (a) a reference in this part to the GOC’s board is taken to be a reference to the subsidiary’s board of directors; and - (b) a reference in this part to the shareholding Ministers is taken to be a reference to the shareholding Ministers of each GOC that is a shareholder of the subsidiary.