1001. (1) Public limited companies shall comprise 2 types—

(a) those that are not investment companies (as defined in Part 24), and

(b) those that are such companies.

(2) This Part applies only to public limited companies that are not investment companies (as so defined) and, accordingly, a reference in this Part to a public limited company does not include a reference to an investment company (as so defined).

(3) The law in this Act in relation to investment companies is to be found in Part 24 (which makes provision for such companies by, inter alia, applying or adapting provisions of this Part and Parts 1 to 14) and certain associated provisions of this Act.