Article 5 Transitional and saving provisions

(1)

Where in consequence of the coming into operation of paragraph 2 of Schedule 5 to the 1990 (No. 2) Order, a company comes under an obligation to amend the particulars of an existing director or shadow director contained in the register of directors required to be kept under Article 296 of the 1986 Order, then:

(a)

the company shall not, for the purposes of Article 296(4) of the 1986 Order, be in default for a failure to make those amendments unless they have not been made by 1st November 1991, and

(b)

the company need not notify the registrar under Article 296(2) of the 1986 Order of those amendments when made.

For the purposes of this paragraph, an “existing” director or shadow director is a director or shadow director of the company who was such a director on 30th September 1991 and “company” includes any body corporate to which Article 296 of the 1986 Order is applied by any statutory provision.

(2)

Where a Part XXIII company has delivered to the registrar a list of directors and secretary under Article 641 of the 1986 Order prior to 1st October 1991 it shall , by 1st January 1992, make a return under Article 642(1) of the 1986 Order containing the particulars required by Article 641(2)(a)(vii) (as inserted by paragraph 6 of Schedule 5 to the 1990 (No. 2) Order) (the date of birth of each director of the company) and for the purposes of Article 647 of the 1986 Order (penalties for non-compliance) this paragraph shall be treated as a requirement of Article 642 of the 1986 Order.