Chapter 3, part 6, division 1--
insert--
'(1) This division applies to a statutory GOC subsidiary as if it were a statutory GOC.
'(2) For subsection (1), a reference in schedule 2 to the shareholding Ministers is taken to be a reference to the shareholding Ministers of each GOC that is a shareholder of the subsidiary.
'(3) Schedule 2, section 1, as it applies to a statutory GOC subsidiary under subsection (1), does not limit a provision of the subsidiary's constitution requiring the subsidiary's board, before appointing the chief executive officer under the section, to consult the board of a GOC that is a shareholder of the subsidiary.'.