Article 220 Modified application of the Companies Act 2006 (disapplication of other requirements)F5

F1(1)

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(2)

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(3)

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(4)

F2... The Companies Act 2006 applies with the modifications set out in Schedule 4 ....

(5)

F3... The Companies Act 2006 (Commencement No. 8, Transitional Provisions and Savings) Order 2008 M1 applies as if in Schedule 2 (transitional provisions and savings) after paragraph 43 (power of directors to allot shares etc: private company with only one class of shares (s. 550)) there were inserted—

“
43A
Paragraph 43 does not apply in relation to an existing company or a transitional company which is a company under resolution for the purposes of Part 17 of the Bank Recovery and Resolution (No. 2) Order 2014.”.

F4(6)

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Annotations

Textual amendments

F1: Art. 220(1)-(3) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 111(3); 2020 c. 1, Sch. 5 para. 1(1)
F2: Words in art. 220(4) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 111(4); 2020 c. 1, Sch. 5 para. 1(1)
F3: Words in art. 220(5) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 111(5); 2020 c. 1, Sch. 5 para. 1(1)
F4: Art. 220(6) omitted (31.12.2020) by virtue of The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 111(6); 2020 c. 1, Sch. 5 para. 1(1)
F5: Word in art. 220 heading substituted (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), reg. 1(2), Sch. 3 para. 111(2); 2020 c. 1, Sch. 5 para. 1(1)

Marginal citations

M1: S.I. 2008/2860. There are amendments, but none is relevant.

Notes on the whole SI

Textual amendments

F1: Order revoked (14.12.2023 for the revocation of art. 227) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(x)