OpenLegislation

Companies Act 1985 in Wales

1985 c. 6 · Enacted 11 March 1985 · Extends to United Kingdom

Not fully up to date. 4 changes made by later legislation have not yet been written into this text, which is revised to 7 April 2026.

See the changes not yet applied
ProvisionChangeMade by
Pt. 18repealedBankruptcy and Diligence etc. (Scotland) Act 2007 s. 46(1)
s. 464(6)words insertedCompanies Act 1989 s. 140(7)
s. 466(4)(5)repealedCompanies Act 1989 s. 140(8) Sch. 24
s. 466(6)words repealedCompanies Act 1989 s. 140(8) Sch. 24

An Act to consolidate the greater part of the Companies Acts.

[11th March 1985]

C1C2C3C4C5C6C7C8C9C10C11C12C13C14C15C16C17C18C19C20C21C22C23C24C25C26C27C28C29E1C30C31C32C33C34C35C36C37C38C39C40C41C42C43C44C45C46C47C48C49E2C50C51C52C53C54C55C56C57C58C59C60C61C62C63C64C65C66C67C68C69C70C71C72C73C74C75C76C77C78C79C80C81C82C83C84C85C86C87C88C89Be it enacted by the Queen’s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—C90C91C92C93C94

Annotations to the whole text

Modifications

C1

Act amended by Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), ss. 1(2), 6, 31(4)

C2

Act excluded by Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), s. 22

C3

Act applied (with modifications) by S.I. 1985/680, regs. 4-6, Sch.

Act applied (with modifications) by S.I. 1986/2142, arts. 1(2), 13(3)(4)(6), Sch. 2

C4

Act modified by S.I. 1985/724, regs. 2(3)(4), 6(1)

C5

Act applied by Trustee Savings Bank Act 1985 (c. 58, SIF 110), s. 1(3)

C6

Act modified by Trustee Savings Bank Act 1985 (c. 58, SIF 110), s. 3, Sch. 1 paras. 6(3), 7(3)

C7

Act modified by Airports Act 1986 (c. 31, SIF 9), s. 4(4)(b)

C8

Act excluded by Drug Trafficking Offences Act 1986 (c. 32, SIF 39:1), s. 17(6)

C9

Act explained by Insolvency Act 1986 (c. 45, SIF 66), s. 159

C10

Act amended by Insolvency Act 1986 (c. 45, SIF 66), s. 219

C11

Act applied with modifications by Insolvency Act 1986 (c. 45, SIF 66), s. 221

C12

Act excluded by Insolvency Act 1986 (c. 45, SIF 66), s. 229(2)

C13

Act: power to apply conferred by Financial Services Act 1986 (c. 60, SIF 69), ss. 117(4), 140, Sch. 11 para. 31

C14

Act restricted by Financial Services Act 1986 (c. 60, SIF 69), s. 116, Sch. 9 para. 2(1)

C15

Act excluded (temporarily) by Criminal Justice (Scotland) Act 1987 (c. 41, SIF 39:1), s. 35(3)–(6)

C16

Act excluded (temporarily) by Criminal Justice (Scotland) Act 1987 (c. 41, SIF 39:1), s. 36(3)(5)

C17

Act modified by British Steel Act 1988 (c. 35, SIF 70) s. 3(3)(b)

C18

Act modified by Health and Medicines Act 1988 (c. 49, SIF 113:2), s. 1(5)

C19

Act modified by S.I. 1989/638, regs. 8(1), 21

Act modified (27. 12. 1991) by S.I. 1991/2908, art. 2, Sch. paras. 4(2),6

C20

Act amended by S.I. 1989/638, regs. 12(1), 21

C21

Act modified (E.W.) by Water Act 1989 (c. 15, SIF 130), s. 83(5)(b) (with ss. 58(7), 101(1), 141(6), 160(1)(2)(4), 163, 189(4)–(10), 190, 193(1), Sch. 26 paras. 3(1)(2), 17, 40(4), 57(6), 58)

C22

Act excluded (E.W.) by Water Act 1989 (c. 15, SIF 130), s. 101(1) (with ss. 58(7), 141(6), 160(1)(2)(4), 163, 189(4)–(10), 190, 193(1), Sch. 26 paras. 3(1)(2), 17, 40(4), 57(6), 58)

C23

Act applied (1. 10. 1991) by Companies Act 1989 (c. 40, SIF 27), s. 29(3); S.I. 1991/1996, art. 2(1)(a)

C24

Act amended by S.I. 1990/355, art. 7, Sch. 2 para. 14(2)

C25

Act modified by Broadcasting Act 1990 (c. 42, SIF 96), ss. 4(6), 87(6), 135(4)(b)

C26

Act amended (31. 5. 1991) by Environmental Protection Act 1990 (c. 43, SIF 46:4), s. 32(6), Sch. 2 para. 9(1); S.I. 1991/1319, art. 2

C27

Act applied with modifications by S.I. 1990/2570, regs. 3(1)(4), 16(1)

C28

Act amended by S.I. 1990/2570, regs. 8(1), 9

C29

Act modified by S.I. 1990/2570, reg. 10(5)

C30

Act excluded by Smith Kline & French Laboratories, Australia, and Menley & James, Australia, Act 1991 (c. i), s. 4(1)(b)

C31

Act applied by Standard Life Assurance Company Act 1991 (c. iii), s. 21(2)

C32

Act applied (with modifications) by S.I. 1991/823, reg. 3.

C33

Act modified (27.6.1991) by Ports Act 1991 (c. 52, SIF 58), s. 3(4)(b)

C34

Act: definitions applied (S.) (27. 11. 1991) by Natural Heritage (Scotland) Act 1991 (c. 28, SIF 46:1), s. 2(1)(e); S.I. 1991/2633, art. 3, Sch.

C35

Act: definition of "debentures" applied (E.W.) (1.12.1991) by Statutory Water Companies Act 1991 (c. 58, SIF 130), ss. 13(7), 17(2)

Act applied (except s. 83 and s. 84 in part) (19.6.1995) by S.I. 1995/1537, reg. 20, Sch. 4 Pt. III para. 11

Act applied (21.3.1997) by 1986 c. 53, s. 101(6) (as substituted (21.3.1997) by 1997 c. 32, s. 41)

Act: certain provisions applied (E.W.) (7.10.2001) by S.I. 2001/3352, rule 4.11(5)

C36

Act: definition of "company" applied (E.W.) (1.12.1991) by Water Industry Act 1991 (c. 56, SIF 130), ss. 219(1), 223(2) (with ss. 82(3), 186(1), 222(1))

C37

Act: definition of "company" applied (E.W.) (1.12.1991) by Statutory Water Companies Act 1991 (c. 58, SIF 130), ss. 9(3), 17(2)

C38

Act excluded (E.W.) (1.12.1991) by Statutory Water Companies Act 1991 (c. 58, SIF 130), ss. 11(2), 17(2)

C39

Act: definitions of "extraordinary resolution", "registrar of companies" and "special resolution" applied (E.W.) (1.12.1991) by Statutory Water Companies Act 1991 (c. 58, SIF 130), ss. 12(8), 17(2)

C40

Act restricted (16.10.1992) by Trade Union and Labour Relations (Consolidation) Act 1992 (c. 52), ss. 10, 302

Act restricted (6.1.1994) by 1993 c. 43, s. 114(1); S.I. 1993/3237, art. 2(2)

C41

Act extended (with modifications) (19.12.1993) by S.I. 1993/3245, reg.3

C42

Act modified (31.10.1994) by 1994 c. 21, s. 15, Sch. 3 para. 2(4)(b) (with s. 40(7)); S.I. 1994/2552, art. 2, Sch. 1

Act modified (31.10.1994) by 1994 c. 21, s. 67(1), Sch. 9 para. 32 (with s. 40(7)); S.I. 1994/2553, art. 2

Act modified (8.11.1995) by 1995 c. 37, s. 6, Sch. 2 para. 1(5)(b)

Act modified (8.11.1995) by 1995 c. 45, s. 17(1), Sch. 5 Pt. I paras. 1, 8(c)

Act modified (27.7.1999) by 1999 c. 20, s. 5(1), Sch. 2 Pt. II (with s. 15)

Act modified (27.7.1999) by 1999 c. 20, s. 6(2)(b) (with s. 15)

Act modified (temp. from 27.7.1999) by 1999 c. 20, s. 16(1)(4)(b) (with s. 15)

Act modified (6.11.2000) by 2000 c. 26, s. 63(7)(b); S.I. 2000/2957, art. 2(1), Sch. 1 (with transitional provisions in arts. 3-8)

Act modified (16.2.2001) by 2000 c. 27, s. 108, Sch. 7 paras. 8, 9; S.I. 2001/1781, art. 2, Sch. (subject to transitional provisions in arts. 3-10)

Act modified (5.10.2004) by Energy Act 2004 (c. 20), ss. 39, 198(2), Sch. 6 para. 2(4)(c) (with s. 38(2)); S.I. 2004/2575, art. 2(1), Sch. 1

C43

Act amended (8.11.1995) by 1995 c. 37, s. 6, Sch. 2 para. 14

C44

Act excluded and modified (31.3.1996) by 1995 c. 20, s. 110(1), Sch. 4 para. 3(3)(7) (which amendment was repealed (1.4.1996) by 1995 c. 40, s. 6(1), Sch. 5)

C45

Act excluded (3.2.1995) by 1994 c. 37, ss. 66(1), 69(2), Sch. 2 para. 6 (with s. 66(2))

Act excluded (31.3.1996) by 1995 c. 20, s. 110(1), Sch. 4 para. 4(3)(5) (which amendment was repealed (1.4.1996) by 1995 c. 40, s. 6(1), Sch. 5)

Act excluded (in part) (E.W.) (17.6.1996) by 1996 c. ii, s. 4(2)

Act excluded (E.W.) (1.10.1996) by 1996 c. 52, s. 7, Sch. 1 Pt. II para. 15(2) (with s. 51(4)); S.I. 1996/2402, art. 3 (subject to transitional provisions and savings in Sch.)

Act excluded (S.) (1.11.2001) by 2001 asp 10, s. 63, Sch. 7 Pt. II para. 12(3); S.S.I. 2001/336, art. 2(1)(3), Sch. Pt. II (subject to transitional provisions and savings in art. 3)

Act excluded (S.) (17.12.2001) by 2001 asp 13, s. 20, Sch. 6 para. 9(5) (with s. 29); S.S.I. 2001/456, art. 2

Act excluded (E.W.N.I.) (1.9.2001) by 2001 c. 17, s. 38, Sch. 6 para. 11(5) (with ss. 27(3), 39, 78); S.I. 2001/2161, art. 3

Act excluded (24.3.2003) by Proceeds of Crime Act 2002 (c. 29), ss. 426(10)(a), 458(1)(3); S.I. 2003/333, art. 2, Sch. 1 (as amended by S.I. 2003/531)

C46

Act extended (6.1.1997) by S.I. 1996/2827, reg. 2(4)

C47

Act applied (with modifications) (1.6.1998) by 1998 c. 11, s. 7(3)(9); S.I. 1998/1120, art. 2

C48

Act: specified provisions applied (with modifications) (6.4.2001) by S.I. 2001/1090, reg. 4(1), Sch. 2 Pt. 1 (as amended (1.10.2009) by S.I. 2009/1804, reg. 85, Sch. 3 para. 13(3)(5) (as amended by S.I. 2009/1833, reg. 2(2)))

C49

Act modified (1.1.2007, 20.1.2007, 6.4.2007, 1.10.2007, 1.11.2007, 15.12.2007, 6.4.2008, 1.10.2008 for certain purposes, otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1168, 1173, 1300; S.I. 2006/3428, arts. 2(2)(f)(g), 3(2)(c)(d) (subject to Sch. 1, and with art. 6, and with transitional provisions and savings in art. 8, Sch. 5) (as amended by S.I. 2007/3495, art. 11, Sch. 5 and S.I. 2008/2860, art. 6); S.I. 2007/1093, arts. 2(2)(g)(h) (with arts. 4, 11(1) and subject to transitional adaptations in Sch. 1) (as amended by S.I. 2008/2194, arts. 2(3)(j)(k)3(2)(d), 4(2)(a), (with saving in art. 12 and with transitional provisions and savings in Sch. 3 and subject to transitional adaptations specified in Sch. 1) (as amended by S.I. 2007/2607, art. 4); S.I. 2007/3495, arts. 3(3)(i)(j), 5(3)(b)(c) (with transitional provisions in arts. 6, 9, Sch. 4 and with savings in arts. 7, 12 and with transitional adaptations in Sch. 1) (as amended by S.I. 2008/1886, Sch. 4 para. 15); S.I. 2008/2860, art. 2(u) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch., S.I. 2009/1941, art. 13, S.I. 2009/2476, art. 2))

C50

Act: power to apply conferred (20.1.2007 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1042, 1300; S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5 (as amended by S.I. 2007/3495, art. 11, Sch. 5)); S.I. 2008/2860, art. 3(p) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C51

Act: power to apply (with modifications) conferred (20.1.2007 for specified purposes and 6.4.2007 otherwise) by Companies Act 2006 (c. 46), ss. 1043(2), 1300; S.I. 2006/3428, art. 3(3), (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5 (as amended by S.I. 2007/3495, art. 11, Sch. 5)); S.I. 2007/1093, art. 2(1)(c)

C52

Act excluded (20.1.2007, 6.4.2007, 1.10.2007, 6.4.2008 and 1.10.2008 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1129, 1300 (with s. 1133); S.I. 2006/3428, art. 3(2)(b) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5 (as amended by S.I. 2007/3495, art. 11, Sch. 5)); S.I. 2007/1093, art. 2(2)(c); S.I. 2007/2194, art. 2(1)(l)(3)(h) (with art. 12); S.I. 2007/3495, arts. 3(3)(g), 5(3)(a) (with arts. 7, 12); S.I. 2008/2860, art. 3(s) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C53

Act modified (20.1.2007 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 583, 1300; S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5 (as amended by S.I. 2007/3495, art. 11, Sch. 5)); S.I. 2008/2860, art. 3(k) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C54

Act modified (20.1.2007 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1081(6), 1300; S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5 (as amended by S.I. 2007/3495, art. 11, Sch. 5)); S.I. 2008/2860, art. 3(r) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C55

Act modified (20.1.2007, 6.4.2007, 1.10.2007, 6.4.2008 and 1.10.2008 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1125(1), 1300 (with s. 1133); S.I. 2006/3428, art. 3(2)(b) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5 (as amended by S.I. 2007/3495, art. 11, Sch. 5)); S.I. 2007/1093, art. 2(2)(c); S.I. 2007/2194, art. 2(1)(l)(3)(h) (with art. 12, Sch. 3 para. 48 and subject to Sch. 1); S.I. 2007/3495, arts. 3(3)(g), 5(3)(a) (with arts. 7, 12); S.I. 2008/2860, art. 3(s) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C56

Act modified (20.1.2007, 6.4.2007, 1.10.2007, 6.4.2008 and 1.10.2008 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1131, 1300 (with s. 1133); S.I. 2006/3428, art. 3(2)(b) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5 (as amended by S.I. 2007/3495, art. 11, Sch. 5)); S.I. 2007/1093, art. 2(2)(c); S.I. 2007/2194, art. 2(1)(l)(3)(h) (with art. 12); S.I. 2007/3495, arts. 3(3)(g), 5(3)(a) (with arts. 7, 12); S.I. 2008/2860, art. 3(s) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C57

Act restricted (20.1.2007 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1156(2), 1300; S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5 (as amended by S.I. 2007/3495, art. 11, Sch. 5)); S.I. 2008/2860, art. 3(t) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C58

Act modified (6.4.2007, 1.10.2007, 1.11.2007 and 6.4.2008 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 546, 1300; S.I. 2007/1093, art. 2(2)(a); S.I. 2007/2194, arts. 2(3)(e), 3(2)(b) (with art. 12); S.I. 2007/3495, art. 3(3)(d) (with arts. 7, 12); S.I. 2008/2860, art. 3(k) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C59

Act modified (6.4.2007 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 558, 1300 (with s. 559); S.I. 2007/1093, art. 2(2)(b); S.I. 2008/2860, art. 3(k) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C60

Act modified (6.4.2007 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1060(3)(4), 1300; S.I. 2006/3428, art. 4(3)(a) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5 (as amended by S.I. 2007/3495, art. 11, Sch. 5)); S.I. 2008/2860, art. 3(r) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C61

Act modified (6.4.2007) by Companies Act 2006 (c. 46) {ss. 1170}, 1300; S.I. 2007/1093, art. 2(1)(d) (with arts. 3, 11(1) and with savings in Sch. 6) (as amended by S.I. 2003/2860, art. 6)

C62

Act modified (6.4.2007) by The Companies Acts (Unregistered Companies) Regulations 2007 (S.I. 2007/318), regs. {4}, {5} (with reg. 6)

C63

Act modified (30.9.2007) by Companies Act 2006 (c. 46) {ss. 1167}, 1300; S.I. 2007/2607, art. 2(1) (with art. 3)

C64

Act modified (1.10.2007) by Companies Act 2006 (c. 46), ss. 288(1), 1300 (with s. 281(4)); S.I. 2007/2194, art. 2(1)(f) (with art. 12, Sch. 3 para. 24 and subject to Sch. 1)

C65

Act modified (1.10.2007 and 6.4.2008 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 540(1)(4), 1300; S.I. 2007/2194, art. 2(3)(c) (with art. 12); S.I. 2007/3495, art. 3(3)(b) (with arts. 7, 12); S.I. 2008/2860, art. 3(k) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C66

Act modified (1.10.2007 and 6.4.2008 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 545, 1300; S.I. 2007/2194, art. 2(3)(d) (with art. 12); S.I. 2007/3495, art. 3(3)(c) (with arts. 7, 12); S.I. 2008/2860, art. 3(k) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C67

Act modified (1.10.2007 and 6.4.2008 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 548, 1300; S.I. 2007/2194, art. 2(3)(f) (with art. 12); S.I. 2007/3495, art. 3(3)(e) (with arts. 7, 12); S.I. 2008/2860, art. 3(k) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C68

Act modified (1.10.2007 and 6.4.2008 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 629, 1300; S.I. 2007/2194, art. 2(3)(g) (with art. 12); S.I. 2007/3495, art. 3(3)(f) (with arts. 7, 12); S.I. 2008/2860, art. 3(k) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C69

Act modified (1.10.2007 and 1.11.2007 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1158, 1300; S.I. 2007/2194, arts. 2(3)(i), 3(2)(b) (with art. 12 and subject to Sch. 1); S.I. 2008/2860, art. 3(u) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C70

Act applied (30.11.2007 with application as mentioned in rule 3 of the amending S.I.) by The PPP Administration Order Rules 2007 (S.I. 2007/3141), rule 32(5)

C71

Act modified (6.4.2008) by Companies Act 2006 (c. 46), ss. 437(3), 1300; S.I. 2007/3495, art. 3(1)(d) (with arts. 7, 12, Sch. 4 paras. 6-8)

C72

Act modified (6.4.2008) by Companies Act 2006 (c. 46), ss. 738, 1300; S.I. 2007/3495, art. 3(1)(g) (with arts. 7, 12, Sch. 4 paras. 20-23)

C73

Act modified (6.4.2008 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1161, 1162, 1171, 1173, 1174, 1300, Schs. 7, 8; S.I. 2007/3495, arts. 3(1)(o)(p)(q) (with arts. 6, 7, 9, 12, Sch. 4, and subject to Sch. 1) (as amended by S.I. 2008/1886, Sch 4 para. 15); S.I. 2008/2860, art. 3(u) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C74

Act applied in part (with modifications) by European Economic Interest Grouping Regulations 1989 (S.I. 1989/638), reg. 18, Sch. 4 (as amended (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), arts. 2(2), 3(1), Sch. 1 paras. 163, 164 (with arts. 6, 11, 12))

C75

Act applied in part (with modifications) by European Economic Interest Grouping Regulations (Northern Ireland) 1989 (S.R. 1989/216), reg. 18, Sch. 4 (as amended (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), arts. 2(2), 3(1), Sch. 1 paras. 173, 174 (with arts. 6, 11, 12))

C76

Act modified (21.2.2009) by The Banking Act 2009 (Parts 2 and 3 Consequential Amendments) Order 2009 (S.I. 2009/317), art. 3, Sch.

C77

Act modified (1.10.2009) by Companies Act 2006 (c. 46), ss. 1163, 1166, 1171, 1174, 1300, Sch. 8; S.I. 2008/2860, art. 3(u) (with arts. 5, 7, 8, Sch. 2) (as amended by S.I. 2009/1802 art. 18, S.I. 2009/1941, art. 13, S.I. 2009/2476, art. 2)

C78

Act modified (1.10.2009) by Companies Act 2006 (c. 46), ss. 1(1), 1300; S.I. 2008/2860, art. 3(a) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C79

Act restricted (1.10.2009) by Companies Act 2006 (c. 46), ss. 6(2), 1300; S.I. 2008/2860, art. 3(a) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C80

Act modified (1.10.2009) by Companies Act 2006 (c. 46), ss. 547, 1300; S.I. 2008/2860, art. 3(k) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C81

Act modified (1.10.2009) by Companies Act 2006 (c. 46), ss. 724(5), 1300; S.I. 2008/2860, art. 3(l) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C82

Act modified (1.10.2009) by Companies Act 2006 (c. 46), ss. 1044, 1300; S.I. 2008/2860, art. 3(q) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C83

Act restricted (1.10.2009) by Companies Act 2006 (c. 46), ss. 1118, 1300; S.I. 2008/2860, art. 3(r) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

C84

Act modified by Companies Act 2006 (c. 46), ss. 1170A, 1170B (as inserted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 2(1), {Sch. 1 para. 260(8})

C85

Act extended (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 12(1), Sch. 3 para. 2 (with art. 10)

C86

Act: savings for the effects of 2006 c. 46, Sch. 16 (1.10.2009) by The Overseas Companies Regulations 2009 (S.I. 2009/1801), reg. 80, Sch. 8

C87

Act: savings for the effects of 2006 c. 46, Sch. 16 (1.10.2009) by The Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009 (S.I. 2009/1804), reg. 83, Sch. 1

C88

Act applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 21 (with transitional provisions and savings in regs. 7, 9, Sch. 2)

C89

Act applied (with modifications) (1.10.2009) by The Companies (Companies Authorised to Register) Regulations 2009 (S.I. 2009/2437), regs. 18-23 (with transitional provisions and savings in reg. 24)

C90

Act applied (with modifications) (8.2.2011) by The Investment Bank Special Administration Regulations 2011 (S.I. 2011/245), reg. 1, Sch. 6 Pt. 1 (with reg. 27(a))

C91

Act modified (25.2.2011) by Horserace Betting and Olympic Lottery Act 2004 (c. 25), ss. 5(3)(b), 7, 40; S.I. 2011/462, art. 2

C92

Act extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 1(2), Sch. 1 para. 2

C93

Act modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97; 2020 c. 1, Sch. 5 para. 1(1))

C94

Act applied (with modifications) (8.7.2021) by The Payment and Electronic Money Institution Insolvency Regulations 2021 (S.I. 2021/716), reg. 2, Sch. 3 paras. 2, 3 (with reg. 5) (as amended (4.1.2024) by S.I. 2023/1399, regs. 1(2), 4, 21(4))

Extent

E1

Act: for extent see s. 745(1)(2)

E2

Act extended (Northern Ireland) (1.1.2007, 20.1.2007, 6.4.2007, 30.9.2007, 1.10.2007, 1.11.2007, 15.12.2007, 6.4.2008 and 1.10.2008 for certain purposes and otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1284(1), 1300; S.I. 2006/3428, art. 3(2)(e) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5 (as amended by S.I. 2007/3495, art. 11, Sch. 5)); S.I. 2007/1093, art. 2(1)(e); S.I. 2007/2194, arts. 2-5 (with art. 12); S.I. 2007/2607, art. 2(2); S.I. 2007/3495, arts. 3, 5 (with arts. 7, 12); S.I. 2008/1886 arts. 1(3), {2(d)} (with arts. 6, 7); S.I. 2008/2860, art. 3(z) (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch., S.I. 2009/1802, art. 18, Sch.))

Contents

  1. Part I: Formation and Registration of Companies; Juridical Status and Membership
  2. Chapter I: Company Formation
  3. Memorandum of association
  4. 1Mode of forming incorporated company. Repealed
  5. 2Requirements with respect to memorandum. Repealed
  6. 3Forms of memorandum. Repealed
  7. 3AStatement of company’s objects: general commercial company. Repealed
  8. 4Resolution to alter objects. Repealed
  9. 5Procedure for objecting to alteration. Repealed
  10. 6Provisions supplementing ss. 4, 5. Repealed
  11. Articles of association
  12. 7Articles prescribing regulations for companies. Repealed
  13. 8Tables A, C, D and E. Repealed
  14. 8ATable G. Repealed
  15. 9Alteration of articles by special resolution. Repealed
  16. Registration and its consequences
  17. 10Documents to be sent to registrar. Repealed
  18. 11Minimum authorised capital (public companies). Repealed
  19. 12Duty of registrar. Repealed
  20. 13Effect of registration. Repealed
  21. 14Effect of memorandum and articles. Repealed
  22. 15Memorandum and articles of company limited by guarantee. Repealed
  23. 16Effect of alteration on company’s members. Repealed
  24. 17Conditions in memorandum which could have been in articles. Repealed
  25. 18Amendments of memorandum or articles to be registered. Repealed
  26. 19Copies of memorandum and articles to be given to members. Repealed
  27. 20Issued copy of memorandum to embody alterations. Repealed
  28. 21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  29. A company’s membership
  30. 22Definition of “member”. Repealed
  31. 23Membership of holding company. Repealed
  32. 24Minimum membership for carrying on business. Repealed
  33. Chapter II: Company Names
  34. 25Name as stated in memorandum. Repealed
  35. 26Prohibition on registration of certain names. Repealed
  36. 27Alternatives of statutory designations. Repealed
  37. 28Change of name. Repealed
  38. 29Regulations about names.
  39. 30Exemption from requirement of “limited” as part of the name. Repealed
  40. 31Provisions applying to company exempt under s. 30. Repealed
  41. 32Power to require company to abandon misleading name. Repealed
  42. 33Prohibition on trading under misleading name. Repealed
  43. 34Penalty for improper use of “limited” or “cyfyngedig”. Repealed
  44. 34APenalty for improper use of “community interest company” etc. Repealed
  45. Chapter III: A Company’s Capacity; Formalities of Carrying on Business
  46. 35A company’s capacity not limited by its memorandum. Repealed
  47. 35APower of directors to bind the company. Repealed
  48. 35BNo duty to enquire as to capacity of company or authority of directors. Repealed
  49. 36Company contracts: England and Wales. Repealed
  50. 36AExecution of documents: England and Wales.
  51. 36AAExecution of deeds: England and Wales Repealed
  52. 36BExecution of documents by companies. Repealed
  53. 36CPre-incorporation contracts, deeds and obligations. Repealed
  54. 37Bills of exchange and promissory notes. Repealed
  55. 38Execution of deeds abroad. Repealed
  56. 39Power of company to have official seal for use abroad. Repealed
  57. 40Official seal for share certificates, etc. Repealed
  58. 41Authentication of documents. Repealed
  59. 42Events affecting a company’s status. Repealed
  60. Part II: Re-registration as a means of altering a company’s status
  61. Private company becoming public
  62. 43Re-registration of private company as public. Repealed
  63. 44Consideration for shares recently allotted to be valued. Repealed
  64. 45Additional requirements relating to share capital. Repealed
  65. 46Meaning of “unqualified report” in s. 43(3). Repealed
  66. 47Certificate of re-registration under s. 43. Repealed
  67. 48Modification for unlimited company re-registering. Repealed
  68. Limited company becoming unlimited
  69. 49Re-registration of limited company as unlimited. Repealed
  70. 50Certificate of re-registration under s. 49. Repealed
  71. Unlimited company becoming limited
  72. 51Re-registration of unlimited company as limited. Repealed
  73. 52Certification of re-registration under s. 51. Repealed
  74. Public company becoming private
  75. 53Re-registration of public company as private. Repealed
  76. 54Litigated objection to resolution under s. 53. Repealed
  77. 55Certificate of re-registration under s. 53. Repealed
  78. Part III: Capital Issues
  79. Chapter I: Issues by Companies Registered, or to be Registered, in Great Britain
  80. The prospectus
  81. 56Matters to be stated, and reports to be set out, in prospectus.
  82. 57Attempted evasion of s. 56 to be void.
  83. 58Document offering shares etc. for sale deemed a prospectus. Repealed
  84. 59. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  85. 60. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  86. 61Prospectus containing statement by expert.
  87. 62Meaning of “expert”. Repealed
  88. 63Prospectus to be dated.
  89. Registration of prospectus
  90. 64Registration requirement applicable in all cases.
  91. 65Additional requirements in case of prospectus issued generally.
  92. Liabilities and offences in connection with prospectus
  93. 66Directors, etc. exempt from liability in certain cases.
  94. 67Compensation for subscribers misled by statement in prospectus.
  95. 68Exemption from s. 67 for those acting with propriety.
  96. 69Indemnity for innocent director or expert.
  97. 70Criminal liability for untrue statements.
  98. Supplementary
  99. 71Interpretation for ss. 56 to 70.
  100. Chapter II: Issues by Companies Incorporated, or to be Incorporated, Outside Great Britain
  101. 72Prospectus of oversea company.
  102. 73Attempted evasion of s. 72 to be void.
  103. 74Prospectus containing statement by expert.
  104. 75Restrictions on allotment to be secured in prospectus.
  105. 76Stock exchange certificate exempting from compliance with Sch. 3.
  106. 77Registration of oversea prospectus before issue.
  107. 78Consequences (criminal and civil) of non-compliance with ss. 72-77.
  108. 79Supplementary.
  109. Part IV: Allotment of Shares and Debentures
  110. General provisions as to allotment
  111. 80Authority of company required for certain allotments. Repealed
  112. 80AElection by private company as to duration of authority. Repealed
  113. 81Restriction on public offers by private company. Repealed
  114. 82Application for, and allotment of, shares and debentures. Repealed
  115. 83No allotment unless minimum subscription received. Repealed
  116. 84Allotment where issue not fully subscribed. Repealed
  117. 85Effect of irregular allotment. Repealed
  118. 86. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  119. 87. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  120. 88Return as to allotments, etc. Repealed
  121. Pre-emption rights
  122. 89Offers to shareholders to be on pre-emptive basis. Repealed
  123. 90Communication of pre-emption offers to shareholders. Repealed
  124. 91Exclusion of ss. 89, 90 by private company. Repealed
  125. 92Consequences of contravening ss. 89, 90. Repealed
  126. 93Saving for other restrictions as to offers. Repealed
  127. 94Definitions for ss. 89-96. Repealed
  128. 95Disapplication of pre-emption rights. Repealed
  129. 96Saving for company’s pre-emption procedure operative before 1982. Repealed
  130. Commissions and discounts
  131. 97Power of company to pay commissions. Repealed
  132. 98Apart from s. 97, commissions and discounts barred. Repealed
  133. Amount to be paid for shares; the means of payment
  134. 99General rules as to payment for shares on allotment. Repealed
  135. 100Prohibition on allotment of shares at a discount. Repealed
  136. 101Shares to be allotted as at least one-quarter paid-up. Repealed
  137. 102Restriction on payment by long-term undertaking. Repealed
  138. 103Non-cash consideration to be valued before allotment. Repealed
  139. 104Transfer to public company of non-cash asset in initial period. Repealed
  140. 105Agreements contravening s. 104. Repealed
  141. 106Shares issued to subscribers of memorandum. Repealed
  142. 107Meaning of “the appropriate rate”. Repealed
  143. Valuation provisions
  144. 108Valuation and report (s. 103). Repealed
  145. 109Valuation and report (s. 104). Repealed
  146. 110Entitlement of valuer to full disclosure. Repealed
  147. 111Matters to be communicated to registrar. Repealed
  148. Other matters arising out of allotment &c.
  149. 111ARight to damages, &c. not affected. Repealed
  150. 112Liability of subsequent holders of shares allotted. Repealed
  151. 113Relief in respect of certain liabilities under ss. 99 ff. Repealed
  152. 114Penalty for contravention. Repealed
  153. 115Undertakings to do work, etc. Repealed
  154. 116Application of ss. 99 ff to special cases. Repealed
  155. Part V: Share Capital, its Increase, Maintenance and Reduction
  156. Chapter I: General Provisions about Share Capital
  157. 117Public company share capital requirements. Repealed
  158. 118The authorised minimum. Repealed
  159. 119Provision for different amounts to be paid on shares. Repealed
  160. 120Reserve liability of limited company. Repealed
  161. 121Alteration of share capital (limited companies). Repealed
  162. 122Notice to registrar of alteration. Repealed
  163. 123Notice to registrar of increased share capital. Repealed
  164. 124Reserve capital of unlimited company. Repealed
  165. Chapter II: Class Rights
  166. 125Variation of class rights.
  167. 126Saving for court’s powers under other provisions. Repealed
  168. 127Shareholders’ right to object to variation. Repealed
  169. 128Registration of particulars of special rights. Repealed
  170. 129Registration of newly created class rights. Repealed
  171. Chapter III: Share Premiums
  172. 130Application of share premiums.
  173. 131Merger relief.
  174. 132Relief in respect of group reconstructions.
  175. 133Provisions supplementing ss. 131, 132.
  176. 134Provision for extending or restricting relief from s. 130.
  177. Chapter IV: Reduction of Share Capital
  178. 135Special resolution for reduction of share capital.
  179. 136Application to court for order of confirmation.
  180. 137Court order confirming reduction.
  181. 138Registration of order and minute of reduction.
  182. 139Public company reducing capital below authorised minimum.
  183. 140Liability of members on reduced shares.
  184. 141Penalty for concealing name of creditor, etc.
  185. Chapter V: Maintenance of Capital
  186. 142Duty of directors on serious loss of capital.
  187. 143General rule against company acquiring own shares.
  188. 144Aquisition of shares by company’s nominee.
  189. 145Exceptions from s. 144.
  190. 146Treatment of shares held by or for public company.
  191. 147Matters arising out of compliance with s. 146(2).
  192. 148Further provisions supplementing ss. 146, 147.
  193. 149Sanctions for non-compliance.
  194. 150Charges of public companies on own shares.
  195. Chapter VI: Financial Assistance by a Company for Acquisition of its Own Shares
  196. Provisions applying to both public and private companies
  197. 151Financial assistance generally prohibited. Repealed
  198. 152Definitions for this Chapter. Repealed
  199. 153Transactions not prohibited by s. 151. Repealed
  200. 154Special restriction for public companies.
  201. Private companies
  202. 155Relaxation of s. 151 for private companies. Repealed
  203. 156Statutory declaration under s. 155. Repealed
  204. 157Special resolution under s. 155. Repealed
  205. 158Time for giving financial assistance under s. 155. Repealed
  206. Chapter VII: Redeemable Shares; Purchase by a Company of its Own Shares
  207. Redemption and purchase generally
  208. 159Power to issue redeemable shares.
  209. 159ATerms and manner of redemption.
  210. 160Financing etc. of redemption.
  211. 161. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  212. 162Power of company to purchase own shares.
  213. 162ATreasury shares
  214. 162BTreasury shares: maximum holdings
  215. 162CTreasury shares: voting and other rights
  216. 162DTreasury shares: disposal and cancellation
  217. 162ETreasury shares: mandatory cancellation
  218. 162FTreasury shares: proceeds of sale
  219. 162GTreasury shares: penalty for contravention
  220. 163Definitions of “off-market” and “market” purchase.
  221. 164Authority for off-market purchase.
  222. 165Authority for contingent purchase contract.
  223. 166Authority for market purchase.
  224. 167Assignment or release of company’s right to purchase own shares.
  225. 168Payments apart from purchase price to be made out of distributable profits.
  226. 169Disclosure by company of purchase of own shares.
  227. 169ADisclosure by company of cancellation or disposal of treasury shares
  228. 170The capital redemption reserve.
  229. Redemption or purchase of own shares out of capital (private companies only)
  230. 171Power of private companies to redeem or purchase own shares out of capital.
  231. 172Availability of profits for purposes of s. 171.
  232. 173Conditions for payment out of capital.
  233. 174Procedure for special resolution under s. 173.
  234. 175Publicity for proposed payment out of capital.
  235. 176Objections by company’s members or creditors.
  236. 177Powers of court on application under s. 176.
  237. Supplementary
  238. 178Effect of company’s failure to redeem or purchase.
  239. 179Power for Secretary of State to modify this Chapter.
  240. 180Transitional cases arising under this Chapter; and savings.
  241. 181Definitions for Chapter VII.
  242. Chapter VIII: Miscellaneous Provisions about Shares and Debentures
  243. Share and debenture certificates, transfers and warrants
  244. 182Nature, transfer and numbering of shares. Repealed
  245. 183Transfer and registration. Repealed
  246. 184Certification of transfers. Repealed
  247. 185Duty of company as to issue of certificates. Repealed
  248. 186Certificate to be evidence of title. Repealed
  249. 187Evidence of grant of probate or confirmation as executor. Repealed
  250. 188Issue and effect of share warrant to bearer. Repealed
  251. 189Offences in connection with share warrants (Scotland). Repealed
  252. Debentures
  253. 190Register of debenture holders. Repealed
  254. 191Right to inspect register. Repealed
  255. 192Liability of trustees of debentures. Repealed
  256. 193Perpetual debentures. Repealed
  257. 194Power to re-issue redeemed debentures. Repealed
  258. 195Contract to subscribe for debentures. Repealed
  259. 196Payment of debts out of assets subject to floating charge (England and Wales). Repealed
  260. 197Debentures to bearer (Scotland). Repealed
  261. Part VI: Disclosure of Interests in Shares
  262. Individual and group acquisitions
  263. 198Obligation of disclosure: the cases in which it may arise and “the relevant time”. Repealed
  264. 199Interests to be disclosed. Repealed
  265. 200“Percentage level” in relation to notifiable interests. Repealed
  266. 201. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  267. 202Particulars to be contained in notification. Repealed
  268. 203Notification of family and corporate interests. Repealed
  269. 204Agreement to acquire interests in a particular company. Repealed
  270. 205Obligation of disclosure arising under s. 204. Repealed
  271. 206Obligation of persons acting together to keep each other informed. Repealed
  272. 207Interests in shares by attribution. Repealed
  273. 208Interests in shares which are to be notified. Repealed
  274. 209Interests to be disregarded. Repealed
  275. 210Other provisions about notification under this Part. Repealed
  276. 210APower to make further provision by regulations. Repealed
  277. Registration and investigation of share acquisitions and disposals
  278. 211Register of interests in shares. Repealed
  279. 212Company investigations. Repealed
  280. 213Registration of interests disclosed under s. 212. Repealed
  281. 214Company investigation on requisition by members. Repealed
  282. 215Company report to members. Repealed
  283. 216Penalty for failure to provide information. Repealed
  284. 217Removal of entries from register. Repealed
  285. 218Otherwise, entries not to be removed. Repealed
  286. 219Inspection of register and reports. Repealed
  287. Supplementary
  288. 220Definitions for Part VI. Repealed
  289. Part VII: Accounts and Audit
  290. Chapter I: Provisions Applying to Companies Generally
  291. Accounting records
  292. 221Duty to keep accounting records. Repealed
  293. 222Where and for how long records to be kept. Repealed
  294. A company’s financial year and accounting reference periods
  295. 223A company’s financial year. Repealed
  296. 224Accounting reference periods and accounting reference date. Repealed
  297. 225Alteration of accounting reference date. Repealed
  298. Annual accounts
  299. 226Duty to prepare individual accounts. Repealed
  300. 226ACompanies Act individual accounts Repealed
  301. 226BIAS individual accounts Repealed
  302. 227Duty to prepare group accounts. Repealed
  303. 227ACompanies Act group accounts Repealed
  304. 227BIAS group accounts Repealed
  305. 227CConsistency of accounts Repealed
  306. 228Exemption for parent companies included in accounts of larger group. Repealed
  307. 228AExemption for parent companies included in non-EEA group accounts Repealed
  308. 229Subsidiary undertakings included in the consolidation. Repealed
  309. 230Treatment of individual profit and loss account where group accounts prepared. Repealed
  310. 231Disclosure required in notes to accounts:related undertakings. Repealed
  311. 231ADisclosure required in notes to annual accounts: particulars of staff Repealed
  312. 232Disclosure required in notes to accounts: emoluments and other benefits of directors and others. Repealed
  313. Approval and signing of accounts
  314. 233Approval and signing of accounts Repealed
  315. Directors' report
  316. 234Duty to prepare directors' report. Repealed
  317. 234ZZADirectors' report: general requirements Repealed
  318. 234ZZBDirectors' report: business review Repealed
  319. 234ZAStatement as to disclosure of information to auditors Repealed
  320. 234AApproval and signing of directors’ report. Repealed
  321. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  322. 234AADuty to prepare operating and financial review Repealed
  323. 234ABApproval and signing of operating and financial review Repealed
  324. Quoted companies: directors’ remuneration report
  325. 234BDuty to prepare directors’ remuneration report Repealed
  326. 234CApproval and signing of directors’ remuneration report Repealed
  327. Auditors’ report
  328. 235Auditors’ report. Repealed
  329. 236Signature of auditors’ report. Repealed
  330. 237Duties of auditors. Repealed
  331. Publication of accounts and reports
  332. 238Persons entitled to receive copies of accounts and reports. Repealed
  333. 238ATime allowed for sending out copies of accounts and reports Repealed
  334. 239Rights to demand copies of accounts and reports. Repealed
  335. 240Requirements in connection with publication of accounts. Repealed
  336. Laying and delivering of accounts and reports
  337. 241Accounts and reports to be laid before company in general meeting. Repealed
  338. 241AMembers’ approval of directors’ remuneration report Repealed
  339. 242Accounts and reports to be delivered to the registrar. Repealed
  340. 242ACivil penalty for failure to deliver accounts. Repealed
  341. 242BDelivery and publication of accounts in ECUs Repealed
  342. 243Accounts of subsidiary undertakings to be appended in certain cases. Repealed
  343. 244Period allowed for laying and delivering accounts and reports. Repealed
  344. Revision of defective accounts and reports
  345. 245Voluntary revision of annual accounts or directors’ report. Repealed
  346. 245ASecretary of State’s notice in respect of annual accounts. Repealed
  347. 245BApplication to court in respect of defective accounts. Repealed
  348. 245COther persons authorised to apply to court. Repealed
  349. 245DDisclosure of information held by Inland Revenue to persons authorised to apply to court Repealed
  350. 245ERestrictions on use and further disclosure of information disclosed under section 245D Repealed
  351. 245FPower of authorised persons to require documents, information and explanations Repealed
  352. 245GRestrictions on further disclosure of information obtained under section 245F Repealed
  353. Chapter II: Exemptions, Exceptions and Special Provisions
  354. Small and medium-sized companies and groups
  355. 246Special provisions for small companies Repealed
  356. 246ASpecial provisions for medium-sized companies Repealed
  357. 247Qualification of company as small or medium-sized. Repealed
  358. 247ACases in which special provisions do not apply Repealed
  359. 247BSpecial auditors’ report Repealed
  360. 248Exemption for small and medium-sized groups. Repealed
  361. 248AGroup accounts prepared by small company Repealed
  362. 249Qualification of group as small or medium-sized. Repealed
  363. Exemptions from audit for certain categories of small company
  364. 249AExemptions from audit Repealed
  365. 249AADormant companies Repealed
  366. 249BCases where exemptions not available Repealed
  367. 249CThe report required for the purposes of section 249A(2). Repealed
  368. 249DThe reporting accountant Repealed
  369. 249EEffect of exemptions Repealed
  370. Dormant companies
  371. 250. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  372. Listed public companies
  373. 251Summary financial statement Repealed
  374. Private companies
  375. 252Election to dispense with laying of accounts and reports before general meeting. Repealed
  376. 253Right of shareholder to require laying of accounts. Repealed
  377. Unlimited companies
  378. 254Exemption from requirement to deliver accounts and reports. Repealed
  379. Banking and insurance companies and groups
  380. 255Special provisions for banking and insurance companies. Repealed
  381. 255ASpecial provisions for banking and insurance groups. Repealed
  382. 255BModification of disclosure requirements in relation to banking company or group. Repealed
  383. 255C. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  384. 255DPower to apply provisions to banking partnerships. Repealed
  385. Welsh private companies
  386. 255EDelivery of accounting documents in Welsh only. Repealed
  387. Chapter III: Supplementary Provisions
  388. Accounting standards
  389. 256Accounting standards. Repealed
  390. 256AReporting standards Repealed
  391. Power to alter accounting requirements
  392. 257Power of Secretary of State to alter accounting requirements. Repealed
  393. Parent and subsidiary undertakings
  394. 258Parent and subsidiary undertakings. Repealed
  395. Other interpretation provisions
  396. 259Meaning of “undertaking” and related expressions. Repealed
  397. 260Participating interests. Repealed
  398. 261Notes to the accounts. Repealed
  399. 262Minor definitions. Repealed
  400. 262AIndex of defined expressions. Repealed
  401. Part VIII: Distribution of Profits and Assets
  402. Limits of company’s power of distribution
  403. 263Certain distributions prohibited. Repealed
  404. 264Restriction on distribution of assets. Repealed
  405. 265Other distributions by investment companies. Repealed
  406. 266Meaning of “investment company”. Repealed
  407. 267Extension of ss. 265, 266 to other companies. Repealed
  408. 268Realised profits of insurance company with long term business. Repealed
  409. 269Treatment of development costs. Repealed
  410. Relevant accounts
  411. 270Distribution to be justified by reference to company’s accounts. Repealed
  412. 271Requirements for last annual accounts. Repealed
  413. 272Requirements for interim accounts. Repealed
  414. 273Requirements for initial accounts. Repealed
  415. 274Method of applying s. 270 to successive distributions. Repealed
  416. 275Treatment of assets in the relevant accounts. Repealed
  417. 276Distributions in kind. Repealed
  418. Supplementary
  419. 277Consequences of unlawful distribution. Repealed
  420. 278Saving for provision in articles operative before Act of 1980. Repealed
  421. 279Distributions by banking or insurance companies. Repealed
  422. 280Definitions for Part VIII. Repealed
  423. 281Saving for other restraints on distribution. Repealed
  424. Part IX: A Company’s Management; Directors and Secretaries; their Qualifications, Duties and Responsibilities
  425. Officers and registered office
  426. 282Directors. Repealed
  427. 283Secretary. Repealed
  428. 284Acts done by person in dual capacity. Repealed
  429. 285Validity of acts of directors. Repealed
  430. 286Qualifications of company secretaries. Repealed
  431. 287Registered office. Repealed
  432. 288Register of directors and secretaries. Repealed
  433. 288A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  434. 289Particulars of directors to be registered under s. 288. Repealed
  435. 290Particulars of secretaries to be registered under s. 288. Repealed
  436. Provisions governing appointment of directors
  437. 291Share qualification of directors. Repealed
  438. 292Appointment of directors to be voted on individually. Repealed
  439. 293Age limit for directors. Repealed
  440. 294Duty of director to disclose his age. Repealed
  441. Disqualification
  442. 295–299. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  443. 300. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  444. 301, 302. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  445. Removal of directors
  446. 303Resolution to remove director. Repealed
  447. 304Director’s right to protest removal. Repealed
  448. Other provisions about directors and officers
  449. 305Directors’ names on company correspondence, etc. Repealed
  450. 306Limited company may have directors with unlimited liability. Repealed
  451. 307Special resolution making liability of directors unlimited. Repealed
  452. 308Assignment of office by directors. Repealed
  453. 309Directors to have regard to interests of employees. Repealed
  454. 309AProvisions protecting directors from liability Repealed
  455. 309BQualifying third party indemnity provisions Repealed
  456. 309CDisclosure of qualifying third party indemnity provisions Repealed
  457. 310Provisions protecting auditors from liability. Repealed
  458. Part X: Enforcement of Fair Dealing by Directors
  459. Restrictions on directors taking financial advantage
  460. 311Prohibition on tax-free payments to directors. Repealed
  461. 312Payment to director for loss of office etc. Repealed
  462. 313Company approval for property transfer. Repealed
  463. 314Director’s duty of disclosure on takeover, etc. Repealed
  464. 315Consequences of non-compliance with s. 314. Repealed
  465. 316Provisions supplementing ss. 312 to 315. Repealed
  466. 317Directors to disclose interest in contracts. Repealed
  467. 318Directors’ service contracts to be open to inspection. Repealed
  468. 319Director’s contract of employment for more than 5 years. Repealed
  469. 320Substantial property transactions involving directors, etc. Repealed
  470. 321Exceptions from s. 320. Repealed
  471. 322Liabilities arising from contravention of s. 320. Repealed
  472. 322AInvalidity of certain transactions involving directors, etc. Repealed
  473. 322BContracts with sole members who are directors Repealed
  474. Share dealings by directors and their families
  475. 323Prohibition on directors dealing in share options. Repealed
  476. 324Duty of director to disclose shareholdings in own company. Repealed
  477. 325Register of directors’ interests notified under s. 324. Repealed
  478. 326Sanctions for non-compliance. Repealed
  479. 327Extension of s. 323 to spouses , civil partners and children. Repealed
  480. 328Extension of s. 324 to spouses , civil partners and children. Repealed
  481. 329Duty to notify stock exchange of matters notified under preceding sections. Repealed
  482. Restrictions on a company’s power to make loans, etc., to directors and persons connected with them
  483. 330General restriction on loans etc. to directors and persons connected with them. Repealed
  484. 331Definitions for ss. 330 ff. Repealed
  485. 332Short-term quasi-loans. Repealed
  486. 333Inter-company loans in same group. Repealed
  487. 334Loans of small amounts. Repealed
  488. 335Minor and business transactions. Repealed
  489. 336Transactions at behest of holding company. Repealed
  490. 337Funding of director’s expenditure on duty to company. Repealed
  491. 337AFunding of director’s expenditure on defending proceedings Repealed
  492. 338Loan or quasi-loan by money-lending company. Repealed
  493. 339“Relevant amounts” for purposes of ss. 334 ff. Repealed
  494. 340“Value” of transactions and arrangements. Repealed
  495. 341Civil remedies for breach of s. 330. Repealed
  496. 342Criminal penalties for breach of s. 330. Repealed
  497. 343Record of transactions not disclosed in company accounts. Repealed
  498. 344Exceptions from s. 343. Repealed
  499. Supplementary
  500. 345Power to increase financial limits. Repealed
  501. 346“Connected persons”, etc. Repealed
  502. 347Transactions under foreign law. Repealed
  503. Part XA: Control of political donations
  504. 347AIntroductory provisions. Repealed
  505. 347BExemptions. Repealed
  506. 347CProhibition on donations and political expenditure by companies. Repealed
  507. 347DSpecial rules for subsidiaries. Repealed
  508. 347ESpecial rule for parent company of non-GB subsidiary undertaking. Repealed
  509. 347FRemedies for breach of prohibitions on company donations etc. Repealed
  510. 347GRemedy for unauthorised donation or expenditure by non-GB subsidiary. Repealed
  511. 347HExemption of directors from liability in respect of unauthorised donation or expenditure. Repealed
  512. 347IEnforcement of directors’ liabilities by shareholder action. Repealed
  513. 347JCosts of shareholder action. Repealed
  514. 347KInformation for purposes of shareholder action. Repealed
  515. Part XI: Company administration and procedure
  516. Chapter I: Company Identification
  517. 348Company name to appear outside place of business. Repealed
  518. 349Company’s name to appear in its correspondence, etc. Repealed
  519. 350Company seal. Repealed
  520. 351Particulars in correspondence, etc. Repealed
  521. Chapter II: Register of Members
  522. 352Obligation to keep and enter up register. Repealed
  523. 352AStatement that company has only one member Repealed
  524. 353Location of register. Repealed
  525. 354Index of members. Repealed
  526. 355Entries in register in relation to share warrants. Repealed
  527. 356Inspection of register and index. Repealed
  528. 357Non-compliance with ss. 353, 354, 356; agent’s default. Repealed
  529. 358Power to close register. Repealed
  530. 359Power of court to rectify register. Repealed
  531. 360Trusts not to be entered on register in England and Wales. Repealed
  532. 361Register to be evidence. Repealed
  533. 362Overseas branch registers. Repealed
  534. Chapter III: Annual Return
  535. 363Duty to deliver annual returns.
  536. 364Contents of annual return: general.
  537. 364AContents of annual return: particulars of share capital . . . .
  538. 364BContents of annual return: information about shareholders: non-traded companies
  539. 364CContents of annual return: information about shareholders: traded companies
  540. 364DContents of annual return: information about shareholders: supplementary
  541. 365Supplementary provisions: regulations and interpretation.
  542. Chapter IV: Meetings and Resolutions
  543. Meetings
  544. 366Annual general meeting. Repealed
  545. 366AElection by private company to dispense with annual general meetings. Repealed
  546. 367Secretary of State’s power to call meeting in default. Repealed
  547. 368Extraordinary general meeting on members’ requisition. Repealed
  548. 369Length of notice for calling meetings. Repealed
  549. 370General provisions as to meetings and votes. Repealed
  550. 370AQuorum at meetings of the sole member Repealed
  551. 371Power of court to order meeting. Repealed
  552. 372Proxies. Repealed
  553. 373Right to demand a poll. Repealed
  554. 374Voting on a poll. Repealed
  555. 375Representation of corporations at meetings. Repealed
  556. Resolutions
  557. 376Circulation of members’ resolutions. Repealed
  558. 377In certain cases, compliance with s. 376 not required. Repealed
  559. 378Extraordinary and special resolutions. Repealed
  560. 379Resolution requiring special notice. Repealed
  561. 379AElective resolution of private company. Repealed
  562. 380Registration, etc. of resolutions and agreements. Repealed
  563. 381Resolution passed at adjourned meeting. Repealed
  564. Written resolutions of private companies
  565. 381AWritten resolutions of private companies. Repealed
  566. 381BDuty to notify auditors of proposed written resolution Repealed
  567. 381CWritten resolutions: supplementary provisions. Repealed
  568. Records of proceedings
  569. 382Minutes of meetings. Repealed
  570. 382ARecording of written resolutions. Repealed
  571. 382BRecording of decisions by the sole member Repealed
  572. 383Inspection of minute books. Repealed
  573. Appointment of auditors
  574. 384Duty to appoint auditors. Repealed
  575. 385Appointment at general meeting at which accounts laid. Repealed
  576. 385AAppointment by private company which is not obliged to lay accounts. Repealed
  577. 386Election by private company to dispense with annual appointment. Repealed
  578. 387Appointment by Secretary of State in default of appointment by company. Repealed
  579. 388Filling of casual vacancies. Repealed
  580. 388ACertain companies exempt from obligation to appoint auditors Repealed
  581. 389. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  582. Rights of auditors
  583. 389ARights to information. Repealed
  584. 389BOffences relating to the provision of information to auditors Repealed
  585. 390Right to attend company meetings, &c. Repealed
  586. Remuneration of auditors
  587. 390ARemuneration of auditors. Repealed
  588. 390BDisclosure of services provided by auditors or associates and related remuneration Repealed
  589. Removal, resignation, &c. of auditors
  590. 391Removal of auditors. Repealed
  591. 391ARights of auditors who are removed or not re-appointed. Repealed
  592. 392Resignation of auditors. Repealed
  593. 392ARights of resigning auditors. Repealed
  594. 393Termination of appointment of auditors not appointed annually. Repealed
  595. 394Statement by person ceasing to hold office as auditor. Repealed
  596. 394AOffences of failing to comply with s. 394. Repealed
  597. Part XII: Registration of Charges
  598. Chapter I: Registration of Charges (England and Wales)
  599. 395Certain charges void if not registered.
  600. 396Charges which have to be registered.
  601. 397Formalities of registration (debentures).
  602. 398Verification of charge on property outside United Kingdom.
  603. 399Company’s duty to register charges it creates.
  604. 400Charges existing on property acquired.
  605. 401Register of charges to be kept by registrar of companies.
  606. 402Endorsement of certificate on debentures.
  607. 403Entries of satisfaction and release.
  608. 404Rectification of register of charges.
  609. 405Registration of enforcement of security.
  610. 406Companies to keep copies of instruments creating charges.
  611. 407Company’s register of charges.
  612. 408Right to inspect instruments which create charges, etc.
  613. 409Charges on property in England and Wales created by oversea company.
  614. Chapter II: Registration of Charges (Scotland)
  615. 410Charges void unless registered.
  616. 411Charges on property outside United Kingdom.
  617. 412Negotiable instrument to secure book debts.
  618. 413Charges associated with debentures.
  619. 414Charge by way of ex facie absolute disposition, etc.
  620. 415Company’s duty to register charges created by it.
  621. 416Duty to register charges existing on property acquired.
  622. 417Register of charges to be kept by registrar of companies.
  623. 418Certificate of registration to be issued.
  624. 419Entries of satisfaction and relief.
  625. 420Rectification of register.
  626. 421Copies of instruments creating charges to be kept by company.
  627. 422Company’s register of charges.
  628. 423Right to inspect copies of instruments, and company’s register.
  629. 424Extension of Chapter II.
  630. Part XIII: Arrangements and Reconstructions
  631. 425Power of company to compromise with creditors and members. Repealed
  632. 426Information as to compromise to be circulated. Repealed
  633. 427Provisions for facilitating company reconstruction or amalgamation. Repealed
  634. 427AApplication of ss. 425–427 to mergers and divisions of public companies. Repealed
  635. Part XIIIA: Takeover Offers
  636. 428Takeover offers. Repealed
  637. 429Right of offeror to buy out minority shareholders. Repealed
  638. 430Effect of notice under s. 429. Repealed
  639. 430ARight of minority shareholder to be bought out by offeror. Repealed
  640. 430BEffect of requirement under s. 430A. Repealed
  641. 430CApplications to the court. Repealed
  642. 430DJoint offers. Repealed
  643. 430EAssociates. Repealed
  644. 430FConvertible securities. Repealed
  645. Part XIV: Investigation of Companies and Their Affairs; Requisition of Documents
  646. Appointment and functions of inspectors
  647. 431Investigation of a company on its own application or that of its members.
  648. 432Other company investigations.
  649. 433Inspectors’ powers during investigation.
  650. 434Production of documents and evidence to inspectors.
  651. 435. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  652. 436Obstruction of inspectors treated as contempt of court.
  653. 437Inspectors’ reports.
  654. 438Power to bring civil proceedings on company’s behalf. Repealed
  655. 439Expenses of investigating a company’s affairs.
  656. 440Power of Secretary of State to present winding-up petition. Repealed
  657. 441Inspectors’ report to be evidence.
  658. Other powers of investigation available to the Secretary of State
  659. 442Power to investigate company ownership.
  660. 443Provisions applicable on investigation under s. 442.
  661. 444Power to obtain information as to those interested in shares, etc.
  662. 445Power to impose restrictions on shares and debentures.
  663. 446Investigation of share dealings. Repealed
  664. Powers of Secretary of State to give directions to inspectors Not yet in force
  665. 446AGeneral powers to give directions Not yet in force
  666. 446BDirection to terminate investigation Not yet in force
  667. Resignation, removal and replacement of inspectors Not yet in force
  668. 446CResignation and revocation of appointment Not yet in force
  669. 446DAppointment of replacement inspectors Not yet in force
  670. Power to obtain information from former inspectors etc Not yet in force
  671. 446EObtaining information from former inspectors etc Not yet in force
  672. Requisition and seizure of books and papers
  673. 447Power to require documents and information
  674. 447AInformation provided: evidence
  675. 448Entry and search of premises.
  676. 448AProtection in relation to certain disclosures: information provided to Secretary of State
  677. 449Provision for security of information obtained.
  678. 450Punishment for destroying, mutilating, etc. company documents.
  679. 451Punishment for furnishing false information.
  680. 451ADisclosure of information by Secretary of State or inspector.
  681. 452Privileged information.
  682. 453Investigation of overseas companies.
  683. 453APower to enter and remain on premises
  684. 453BPower to enter and remain on premises: procedural
  685. 453CFailure to comply with certain requirements
  686. 453DOffences by bodies corporate
  687. Part XV: Orders Imposing Restrictions on Shares (Section 445)
  688. 454Consequence of order imposing restrictions.
  689. 455Punishment for attempted evasion of restrictions.
  690. 456Relaxation and removal of restrictions.
  691. 457Further provisions on sale by court order of restricted shares.
  692. Part XVI: Fraudulent Trading by a Company
  693. 458Punishment for fraudulent trading. Repealed
  694. Part XVII: Protection of Company’s Members against Unfair Prejudice
  695. 459Order on application of company member. Repealed
  696. 460Order on application of Secretary of State. Repealed
  697. 461Provisions as to petitions and orders under this Part. Repealed
  698. 462Power of incorporated company to create floating charge.
  699. 465Continued effect of certain charges validated by Act of 1972.
  700. Chapter II: Receivers
  701. 467–485. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  702. 487Extent of Part XVIII.
  703. Part XIX: Receivers and Managers (England and Wales)
  704. 488–500. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  705. Part XX: Winding Up of Companies Registered Under this Act or the Former Companies Acts
  706. Chapter s I–V: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  707. 501–650. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  708. Chapter VI: Matters Arising Subsequent to Winding Up
  709. 651Power of court to declare dissolution of company void.
  710. 652Registrar may strike defunct company off register.
  711. 652ARegistrar may strike private company off register on application.
  712. 652BDuties in connection with making application under section 652A.
  713. 652CDirectors’ duties following application under section 652A.
  714. 652DSections 652B and 652C: supplementary provisions.
  715. 652ESections 652B and 652C: enforcement.
  716. 652FOther offences connected with section 652A.
  717. 653Objection to striking off by person aggrieved.
  718. 654Property of dissolved company to be bona vacantia.
  719. 655Effect on s. 654 of company’s revival after dissolution.
  720. 656Crown disclaimer of property vesting as bona vacantia.
  721. 657Effect of Crown disclaimer under s. 656.
  722. 658Liability for rentcharge on company’s land after dissolution.
  723. Chapter VII: Miscellaneous Provisions About Winding Up
  724. 659–662. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  725. 663. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  726. 664. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  727. Part XXI
  728. 665–674. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  729. Part XXII: Bodies Corporate Subject, or Becoming Subject, to this Act (Otherwise than by Original Formation Under Part I)
  730. Chapter I: Companies Formed or Registered under Former Companies Acts
  731. 675Companies formed and registered under former Companies Acts.
  732. 676Companies registered but not formed under former Companies Acts.
  733. 677Companies re-registered with altered status under former Companies Acts.
  734. 678Companies registered under Joint Stock Companies Acts.
  735. 679Northern Ireland and Irish companies.
  736. Chapter II: Companies not Formed under Companies Legislation, but Authorised to Register
  737. 680Companies capable of being registered under this Chapter.
  738. 681Procedural requirements for registration.
  739. 682Change of name on registration.
  740. 683Definition of “joint stock company”.
  741. 684Requirements for registration by joint stock companies.
  742. 685Registration of joint stock company as public company.
  743. 686Other requirements for registration.
  744. 687Name of company registering.
  745. 688Certificate of registration under this Chapter.
  746. 689Effect of registration.
  747. 690Power to substitute memorandum and articles for deed of settlement.
  748. Part XXIII: Oversea Companies
  749. Chapter I: Registration, Etc.
  750. 690ABranch registration under the Eleventh Company Law Directive (89/666/EEC).
  751. 690BScope of sections 691 and 692.
  752. 691Documents to be delivered to registrar.
  753. 692Registration of altered particulars.
  754. 692AChange in registration regime.
  755. 693Obligation to state name and other particulars.
  756. 694Regulation of oversea companies in respect of their names.
  757. 694AService of documents: companies to which section 690A applies.
  758. 695Service of documents on oversea company.
  759. 695ARegistrar to whom documents to be delivered: companies to which section 690A applies.
  760. 696Office where documents to be filed.
  761. 697Penalties for non-compliance.
  762. 698Definitions . . ..
  763. 699Channel Islands and Isle of Man companies.
  764. Chapter II: Delivery of Accounts and Reports
  765. 699ACredit and financial institutions to which the Bank Branches Directive (89/117/EEC) applies.
  766. 699AACompanies to which the Eleventh Company Law Directive applies.
  767. 699BScope of sections 700 to 703.
  768. 700Preparation of accounts and reports by oversea companies.
  769. 701Oversea company’s financial year and accounting reference periods.
  770. 702Delivery to registrar of accounts and reports of oversea company.
  771. 703Penalty for non-compliance.
  772. Chapter III: Registration of Charges
  773. 703AIntroductory provisions.
  774. 703BCharges requiring registration.
  775. 703CThe register.
  776. 703DCompany’s duty to deliver particulars of charges for registration.
  777. 703ERegistrar to whom particulars, &c. to be delivered.
  778. 703FEffect of failure to deliver particulars, late delivery and effect of errors and omissions.
  779. 703GDelivery of further particulars or memorandum.
  780. 703HFurther provisions with respect to voidness of charges.
  781. 703IAdditional information to be registered.
  782. 703JCopies of instruments and register to be kept by company.
  783. 703KPower to make further provision by regulations.
  784. 703LProvisions as to situation of property.
  785. 703MOther supplementary provisions.
  786. 703NIndex of defined expressions.
  787. Chapter IV: WINDING UP ETC.
  788. 703OScope of Chapter.
  789. 703PParticulars to be delivered to the registrar: winding up.
  790. 703QParticulars to be delivered to the registrar: insolvency proceedings etc.
  791. 703RPenalty for non-compliance
  792. Part XXIV: The Registrar of Companies, His Functions and Offices
  793. 704Registration offices. Repealed
  794. 705Companies’ registered numbers. Repealed
  795. 705ARegistration of branches of oversea companies. Repealed
  796. 706Delivery to the registrar of documents in legible form. Repealed
  797. 707. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  798. 707AThe keeping of company records by the registrar.
  799. 707BDelivery to the registrar using electronic communications Repealed
  800. 708Fees payable to registrar.
  801. 709Inspection, &c. of records kept by the registrar. Repealed
  802. 710Certificate of incorporation. Repealed
  803. 710AProvision and authentication by registrar of documents in non-legible form. Repealed
  804. 710BDocuments relating to Welsh companies. Repealed
  805. 711Public notice by registrar of receipt and issue of certain documents. Repealed
  806. 711AExclusion of deemed notice. Repealed
  807. 712. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  808. 713Enforcement of company’s duty to make returns. Repealed
  809. 714Registrar’s index of company and corporate names. Repealed
  810. 715. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  811. 715AInterpretation. Repealed
  812. Part XXV: Miscellaneous and Supplementary Provisions
  813. 716Prohibition of partnerships with more than 20 members. Repealed
  814. 717Limited partnerships: limit on number of members. Repealed
  815. 718Unregistered companies. Repealed
  816. 719Power of company to provide for employees on cessation or transfer of business. Repealed
  817. 720Certain companies to publish periodical statement. Repealed
  818. 721Production and inspection of books where offence suspected. Repealed
  819. 722Form of company registers, etc. Repealed
  820. 723Use of computers for company records. Repealed
  821. 723AObligations of company as to inspection of registers, &c. Repealed
  822. 723BConfidentiality orders Repealed
  823. 723CEffect of confidentiality orders Repealed
  824. 723DConstruction of sections 723B and 723C Repealed
  825. 723ESections 723B and 723C: offences Repealed
  826. 723FRegulations under sections 723B to 723E Repealed
  827. 724. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  828. 725Service of documents. Repealed
  829. 726Costs and expenses in actions by certain limited companies.
  830. 727Power of court to grant relief in certain cases. Repealed
  831. 728Enforcement of High Court orders. Repealed
  832. 729Annual report by Secretary of State. Repealed
  833. 730Punishment of offences.
  834. 730AMeaning of “officer in default” Repealed
  835. 731Summary proceedings. Repealed
  836. 732Prosecution by public authorities. Repealed
  837. 733Offences by bodies corporate. Repealed
  838. 734Criminal proceedings against unincorporated bodies. Repealed
  839. Part XXVI: Interpretation
  840. 735“Company”, etc. Repealed
  841. 735ARelationship of this Act to Insolvency Act. Repealed
  842. 735BRelationship of this Act to Parts IV and V of the Financial Services Act 1986. Repealed
  843. 736“Subsidiary”, “holding company” and “wholly-owned subsidiary”. Repealed
  844. 736AProvisions supplementing s. 736. Repealed
  845. 736BPower to amend ss. 736 and 736A. Repealed
  846. 737“Called-up share capital”. Repealed
  847. 738“Allotment” and “paid up”. Repealed
  848. 739“Non-cash asset”. Repealed
  849. 740“Body corporate” and “corporation”. Repealed
  850. 741“Director” and “shadow director”. Repealed
  851. 742Expressions used in connection with accounts. Repealed
  852. 742AMeaning of “offer to the public” Repealed
  853. 742BMeaning of “banking company” Repealed
  854. 742CMeaning of “insurance company” and “authorised insurance company” Repealed
  855. 743“Employees’ share scheme”. Repealed
  856. 743AMeaning of “office copy” in Scotland. Repealed
  857. 744Expressions used generally in this Act. Repealed
  858. 744AIndex of defined expressions. Repealed
  859. Part XXVII: Final Provisions
  860. 745Northern Ireland. Repealed
  861. 745A“Bank of England”
  862. 746Commencement. Repealed
  863. 747Citation.
  864. Schedule 1: Particulars of Directors etc. to be Contained in Statement Under Section 10
  865. Directors
  866. 1Paragraph 1
  867. 2Paragraph 2
  868. Secretaries
  869. 3Paragraph 3
  870. Interpretation
  871. 4Paragraph 4
  872. 5Paragraph 5
  873. Schedule 2: Interpretation of References to “Beneficial Interest”
  874. Part I: References in Sections 23, 145, 146 and 148
  875. Residual interests under pension and employees’ share schemes
  876. 1Paragraph 1
  877. 2Paragraph 2
  878. Employer’s charges and other rights of recovery
  879. 3Paragraph 3
  880. Trustee’s right to expenses, remuneration, indemnity, etc.
  881. 4Paragraph 4
  882. Supplementary
  883. 5Paragraph 5
  884. Part II: References in Schedule 5
  885. Resididual interests under pension and employees’ share schemes
  886. 6Paragraph 6
  887. Employer’s charges and other rights of recovery
  888. 7Paragraph 7
  889. Trustee’s right to expenses, remuneration, indemnity, &c.
  890. 8Paragraph 8
  891. Supplementary
  892. 9Paragraph 9
  893. Schedule 3: Mandatory Contents of Prospectus
  894. Part I: Matters to be Stated
  895. The company’s proprietorship, management and its capital requirement
  896. 1Paragraph 1
  897. 2Paragraph 2 Repealed
  898. Details relating to the offer
  899. 3Paragraph 3
  900. 4Paragraph 4
  901. 5Paragraph 5
  902. Property acquired or to be acquired by the company
  903. 6Paragraph 6
  904. 7Paragraph 7
  905. 8Paragraph 8
  906. 9Paragraph 9
  907. Commissions, preliminary expenses, etc.
  908. 10Paragraph 10
  909. Contracts
  910. 11Paragraph 11
  911. Auditors
  912. 12Paragraph 12
  913. Interests of directors
  914. 13Paragraph 13
  915. Other matters
  916. 14Paragraph 14
  917. 15Paragraph 15
  918. Part II: Auditors’ and accountants’ reports to be set out in prospectus
  919. Auditors’ report
  920. 16Paragraph 16
  921. Accountants’ reports
  922. 17Paragraph 17
  923. 18Paragraph 18
  924. Provisions interpreting preceding paragraphs, and modifying them in certain cases
  925. 19Paragraph 19
  926. 20Paragraph 20
  927. 21Paragraph 21
  928. 22Paragraph 22
  929. Schedule 4
  930. Part I: General Rules and Formats
  931. Chapter Section A: General Rules
  932. 1Paragraph 1
  933. 2Paragraph 2
  934. 3Paragraph 3
  935. 4Paragraph 4
  936. 5Paragraph 5
  937. 5AParagraph 5A
  938. Chapter Section B: The Required Formats for Accounts
  939. Preliminary
  940. 6Paragraph 6
  941. 7Paragraph 7
  942. 8Paragraph 8
  943. Balance Sheet Formats
  944. Balance Sheet Formats
  945. Profit and loss account formats
  946. Profit and loss account formats
  947. Profit and loss account formats
  948. Profit and loss account formats
  949. Part II: Accounting Principles and Rules
  950. Chapter Section A: Accounting Principles
  951. Preliminary
  952. 9Paragraph 9
  953. Accounting principles
  954. 10Paragraph 10
  955. 11Paragraph 11
  956. 12Paragraph 12
  957. 13Paragraph 13
  958. 14Paragraph 14
  959. Departure from the accounting principles
  960. 15Paragraph 15
  961. Chapter Section B: Historical Cost Accounting Rules
  962. Preliminary
  963. 16Paragraph 16
  964. Fixed assets
  965. 17Paragraph 17
  966. 18Paragraph 18
  967. 19Paragraph 19
  968. Rules for determining particular fixed asset items
  969. 20Paragraph 20
  970. 21Paragraph 21
  971. Current assets
  972. 22Paragraph 22
  973. 23Paragraph 23
  974. Miscellaneous and supplementary provisions
  975. 24Paragraph 24
  976. 25Paragraph 25
  977. 26Paragraph 26
  978. 27Paragraph 27
  979. 28Paragraph 28
  980. Chapter Section C: Alternative Accounting Rules
  981. Preliminary
  982. 29Paragraph 29
  983. 30Paragraph 30
  984. Alternative accounting rules
  985. 31Paragraph 31
  986. Application of the depreciation rules
  987. 32Paragraph 32
  988. Additional information to be provided in case of departure from historical cost accounting rules
  989. 33Paragraph 33
  990. Revaluation reserve
  991. 34Paragraph 34
  992. Chapter SECTION D: FAIR VALUE ACCOUNTING
  993. Inclusion of financial instruments at fair value
  994. 34AParagraph 34A
  995. Determination of fair value
  996. 34BParagraph 34B
  997. Inclusion of hedged items at fair value
  998. 34CParagraph 34C
  999. Other assets that may be included at fair value
  1000. 34DParagraph 34D
  1001. Accounting for changes in value
  1002. 34EParagraph 34E
  1003. The fair value reserve
  1004. 34FParagraph 34F
  1005. IIINotes to the Accounts
  1006. 35Paragraph 35
  1007. 35AReserves and dividends
  1008. 36Paragraph 36
  1009. 36AParagraph 36A
  1010. 37Paragraph 37
  1011. 38Paragraph 38
  1012. 39Paragraph 39
  1013. 40Paragraph 40
  1014. 41Paragraph 41
  1015. 42Paragraph 42
  1016. 43Paragraph 43
  1017. 44Paragraph 44
  1018. 45Paragraph 45
  1019. 45AInformation about fair value of assets and liabilities
  1020. 45BParagraph 45B
  1021. 45CParagraph 45C
  1022. 45DInformation where investment property and living animals and plants included at fair value
  1023. 46Paragraph 46
  1024. 47Paragraph 47
  1025. 48Paragraph 48
  1026. 49Paragraph 49
  1027. 50Paragraph 50
  1028. 51Paragraph 51
  1029. 52Paragraph 52
  1030. 53Paragraph 53
  1031. 54Paragraph 54
  1032. 55Paragraph 55
  1033. 56. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1034. 57Paragraph 57
  1035. 58Paragraph 58
  1036. 58ADormant companies acting as agents
  1037. Part IV: Special Provisions Where Company is a Parent Company or Subsidiary Undertaking
  1038. Dealings with or interests in group undertakings
  1039. 59. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1040. Guarantees and other financial commitments in favour of group undertakings
  1041. 59AParagraph 59A
  1042. 60—70. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1043. Part V: Special Provisions where the Company is an Investment Company
  1044. 71Paragraph 71
  1045. 72Paragraph 72
  1046. 73Paragraph 73
  1047. 74. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1048. Part VI
  1049. 75. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1050. Part VII: Interpretation of Schedule
  1051. 76Paragraph 76
  1052. 76AFinancial instruments
  1053. 76BParagraph 76B
  1054. 77—81. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1055. Historical cost accounting rules
  1056. 82Paragraph 82
  1057. 82AInvestment property
  1058. Leases
  1059. 83Paragraph 83
  1060. Listed investments
  1061. 84Paragraph 84
  1062. Loans
  1063. 85Paragraph 85
  1064. Materiality
  1065. 86Paragraph 86
  1066. 87. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1067. Provisions
  1068. 88Paragraph 88
  1069. 89Paragraph 89
  1070. 90—92. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1071. 93Scots land tenure
  1072. Staff costs
  1073. 94Paragraph 94
  1074. 95. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1075. Schedule 4A
  1076. General rules
  1077. 1Paragraph 1
  1078. 2Paragraph 2
  1079. 3Paragraph 3
  1080. 4Paragraph 4
  1081. 5Paragraph 5
  1082. Elimination of group transactions
  1083. 6Paragraph 6
  1084. Acquisition and merger accounting
  1085. 7Paragraph 7
  1086. 8Paragraph 8
  1087. 9Paragraph 9
  1088. 10Paragraph 10
  1089. 11Paragraph 11
  1090. 12Paragraph 12
  1091. 13Paragraph 13
  1092. 14Paragraph 14
  1093. 15Paragraph 15
  1094. 16Paragraph 16
  1095. Minority interests
  1096. 17Paragraph 17
  1097. Interests in subsidiary undertakings excluded from consolidation
  1098. 18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1099. Joint ventures
  1100. 19Paragraph 19
  1101. Associated undertakings
  1102. 20Paragraph 20
  1103. 21Paragraph 21
  1104. 22Paragraph 22
  1105. Schedule 5
  1106. Part I: Companies not Required to Prepare Group Accounts
  1107. Subsidiary undertakings
  1108. 1Paragraph 1
  1109. Holdings in subsidiary undertakings
  1110. 2Paragraph 2
  1111. Financial information about subsidiary undertakings
  1112. 3Paragraph 3
  1113. Financial years of subsidiary undertakings
  1114. 4Paragraph 4
  1115. Further information about subsidiary undertakings
  1116. 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1117. Shares and debentures of company held by subsidiary undertakings
  1118. 6Paragraph 6
  1119. Significant holdings in undertakings other than subsidiary undertakings
  1120. 7Paragraph 7
  1121. 8Paragraph 8
  1122. 9Paragraph 9
  1123. 9AMembership of certain undertakings
  1124. Arrangements attracting merger relief
  1125. 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1126. Parent undertaking drawing up accounts for larger group
  1127. 11Paragraph 11
  1128. Identification of ultimate parent company
  1129. 12Paragraph 12
  1130. Constructions of references to shares held by company
  1131. 13Paragraph 13
  1132. Part II: Companies Required to Prepare Group Accounts
  1133. Introductory
  1134. 14Paragraph 14
  1135. Subsidiary undertakings
  1136. 15Paragraph 15
  1137. Holdings in subsidiary undertakings
  1138. 16Paragraph 16
  1139. Financial information about subsidiary undertakings not included in the consolidation
  1140. 17Paragraph 17
  1141. Further information about subsidiary undertakings excluded from consolidation
  1142. 18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1143. Financial years of subsidiary undertakings
  1144. 19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1145. Shares and debentures of company held by subsidiary undertakings
  1146. 20Paragraph 20
  1147. Joint ventures
  1148. 21Paragraph 21
  1149. Associated undertakings
  1150. 22Paragraph 22
  1151. Other significant holdings of parent company or group
  1152. 23Paragraph 23
  1153. 24Paragraph 24
  1154. 25Paragraph 25
  1155. 26Paragraph 26
  1156. 27Paragraph 27
  1157. 28Paragraph 28
  1158. 28AParent company’s or group’s membership of certain undertakings
  1159. Arrangements attracting merger relief
  1160. 29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1161. Parent undertaking drawing up accounts for larger group
  1162. 30Paragraph 30
  1163. Identification of ultimate parent company
  1164. 31Paragraph 31
  1165. Construction of references to shares held by parent company or group
  1166. 32Paragraph 32
  1167. Schedule 6
  1168. Part I: Chairman’s and Directors’ Emoluments, Pensions and Compensation for Loss of Office
  1169. Chapter 1: PROVISIONS APPLYING TO QUOTED AND UNQUOTED COMPANIES
  1170. Aggregate amount of directors’ emoluments etc.
  1171. 1Aggregate amount of directors’ emoluments etc.
  1172. Chapter 2: PROVISIONS APPLYING ONLY TO UNQUOTED COMPANIES
  1173. Details of highest paid director’s emoluments etc.
  1174. 2Paragraph 2
  1175. Pensions of directors and past directors
  1176. 7Excess retirement benefits of directors and past directors
  1177. Compensation to directors for loss of office
  1178. 8Paragraph 8
  1179. Sums paid to third parties in respect of directors’ services
  1180. 9Paragraph 9
  1181. Supplementary
  1182. 10Paragraph 10
  1183. 11Paragraph 11
  1184. 12Paragraph 12
  1185. Interpretation
  1186. 13Paragraph 13
  1187. Supplementary
  1188. 14Paragraph 14
  1189. Details of chairman’s and directors’ emoluments
  1190. 3Paragraph 3
  1191. 5Paragraph 5
  1192. Emoluments waived
  1193. 6Paragraph 6
  1194. Part II: Loans, Quasi-loans and Other Dealings in Favour of Directors
  1195. 15Paragraph 15
  1196. 16Paragraph 16
  1197. 17Paragraph 17
  1198. 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1199. 18Paragraph 18
  1200. 19Paragraph 19
  1201. 20Paragraph 20
  1202. 21Paragraph 21
  1203. The particulars required by this Part
  1204. 22Paragraph 22
  1205. 23Paragraph 23
  1206. Excluded transactions
  1207. 24Paragraph 24
  1208. 25Paragraph 25
  1209. 26Paragraph 26
  1210. Interpretation
  1211. 27Paragraph 27
  1212. Part III: Other Transactions, Arrangements and Agreements
  1213. 28Paragraph 28
  1214. 29Paragraph 29
  1215. 30Paragraph 30
  1216. 18—21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1217. Schedule 7
  1218. Part I: Matters of a General Nature
  1219. Asset values
  1220. 1Paragraph 1
  1221. 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1222. 2A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1223. 2B. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1224. Political donations and expenditure
  1225. 3Paragraph 3
  1226. 4Paragraph 4
  1227. Charitable donations
  1228. 5Paragraph 5
  1229. 5AFinancial instruments
  1230. Miscellaneous
  1231. 6Paragraph 6
  1232. Part II: Disclosure Required by Company Acquiring its Own Shares, etc.
  1233. 7Paragraph 7
  1234. 8Paragraph 8
  1235. Part III: Disclosure Concerning Employment, etc, of Disabled Persons
  1236. 9Paragraph 9
  1237. Part IV
  1238. 10Paragraph 10
  1239. Part V: Employee Involvement
  1240. 11Paragraph 11
  1241. Part VI
  1242. 12Policy and practice on payment of creditors
  1243. Part 7: Disclosure required by certain publicly-traded companies
  1244. 13Paragraph 13
  1245. Schedule 7ZA
  1246. Review objective
  1247. 1Paragraph 1
  1248. Other general requirements
  1249. 2Paragraph 2
  1250. Details of particular matters
  1251. 3Paragraph 3
  1252. 4Paragraph 4
  1253. 5Paragraph 5
  1254. 6Paragraph 6
  1255. Reference to and explanation of company's accounts
  1256. 7Paragraph 7
  1257. Compliance with standards
  1258. 8Paragraph 8
  1259. Application of Schedule to group operating and financial review
  1260. 9Paragraph 9
  1261. Schedule 7A
  1262. Part 1: INTRODUCTORY
  1263. 1Paragraph 1
  1264. Part 2: INFORMATION NOT SUBJECT TO AUDIT
  1265. 2Consideration by the directors of matters relating to directors’ remuneration
  1266. 3Statement of company’s policy on directors’ remuneration
  1267. 4Performance Graph
  1268. 5Service contracts
  1269. Part 3: INFORMATION SUBJECT TO AUDIT
  1270. 6Amount of each director’s emoluments and compensation in the relevant financial year
  1271. 7Share options
  1272. 8Paragraph 8
  1273. 9Paragraph 9
  1274. 10Long term incentive schemes
  1275. 11Paragraph 11
  1276. 12Pensions
  1277. 13Excess retirement benefits of directors and past directors
  1278. 14Compensation for past directors
  1279. 15Sums paid to third parties in respect of a director’s services
  1280. Part 4: INTERPRETATION AND SUPPLEMENTARY
  1281. 16Paragraph 16
  1282. 17Paragraph 17
  1283. 18Paragraph 18
  1284. 19Paragraph 19
  1285. 20Paragraph 20
  1286. 21Paragraph 21
  1287. Schedule 7B
  1288. Part 1: Specified persons
  1289. 1Paragraph 1
  1290. 2Paragraph 2
  1291. 3Paragraph 3
  1292. 4Paragraph 4
  1293. 5Paragraph 5
  1294. 6Paragraph 6
  1295. Part 2: Specified descriptions of disclosures
  1296. 7Paragraph 7
  1297. 8Paragraph 8
  1298. 9Paragraph 9
  1299. 10Paragraph 10
  1300. 11Paragraph 11
  1301. 12Paragraph 12
  1302. 13Paragraph 13
  1303. 14Paragraph 14
  1304. Part 3: Overseas regulatory bodies
  1305. 15Paragraph 15
  1306. 16Paragraph 16
  1307. 17Paragraph 17
  1308. Schedule 8
  1309. IEXEMPTIONS WITH RESPECT TO PREPARATION OF ANNUAL ACCOUNTS OF SMALL COMPANIES
  1310. Part SECTION A: INDIVIDUAL ACCOUNTS
  1311. Part SECTION B: GROUP ACCOUNTS
  1312. Part SECTION C: SUPPLEMENTARY PROVISIONS
  1313. Part II: EXEMPTIONS WITH RESPECT TO DIRECTORS’ REPORT
  1314. Part III: EXEMPTIONS WITH RESPECT TO DELIVERY OF ACCOUNTS
  1315. Chapter Section C: Supplementary Provisions
  1316. Other companies exempt from audit
  1317. 25AParagraph 25A
  1318. Part I: GENERAL RULES AND FORMATS
  1319. Chapter Section A: General Rules
  1320. 1Paragraph 1
  1321. 2Paragraph 2
  1322. 3Paragraph 3
  1323. 4Paragraph 4
  1324. 5Paragraph 5
  1325. 5AParagraph 5A
  1326. Chapter Section B: The Required Formats for Accounts
  1327. Preliminary
  1328. 6Paragraph 6
  1329. 7Paragraph 7
  1330. 8Paragraph 8
  1331. Balance Sheet Formats
  1332. AParagraph A
  1333. CParagraph C
  1334. DParagraph D
  1335. EParagraph E
  1336. FParagraph F
  1337. GParagraph G
  1338. HParagraph H
  1339. IParagraph I
  1340. JParagraph J
  1341. KParagraph K
  1342. Balance Sheet Formats
  1343. AASSETS
  1344. CParagraph C
  1345. DParagraph D
  1346. ALIABILITIES
  1347. BParagraph B
  1348. CParagraph C
  1349. DParagraph D
  1350. Notes on the balance sheet formats
  1351. Profit and loss account formats
  1352. Profit and loss account formats
  1353. Profit and loss account formats
  1354. A. Charges
  1355. B. Income
  1356. Profit and loss account formats
  1357. A. Charges
  1358. B. Income
  1359. Notes on the profit and loss account formats
  1360. Part II: ACCOUNTING PRINCIPLES AND RULES
  1361. Chapter Section A: Accounting Principles
  1362. Preliminary
  1363. 9Paragraph 9
  1364. Accounting principles
  1365. 10Paragraph 10
  1366. 11Paragraph 11
  1367. 12Paragraph 12
  1368. 13Paragraph 13
  1369. 14Paragraph 14
  1370. Departure from the accounting principles
  1371. 15Paragraph 15
  1372. Chapter Section B: Historical Cost Accounting Rules
  1373. Preliminary
  1374. 16Paragraph 16
  1375. Fixed assets
  1376. 17Paragraph 17
  1377. 18Paragraph 18
  1378. 19Paragraph 19
  1379. Rules for determining particular fixed asset items
  1380. 20Paragraph 20
  1381. 21Paragraph 21
  1382. Current assets
  1383. 22Paragraph 22
  1384. 23Paragraph 23
  1385. Miscellaneous and supplementary provisions
  1386. 24Paragraph 24
  1387. Assets included at a fixed amount
  1388. 25Paragraph 25
  1389. Determination of purchase price or production cost
  1390. 26Paragraph 26
  1391. 27Paragraph 27
  1392. Substitution of original stated amount where price or cost unknown
  1393. 28Paragraph 28
  1394. Chapter Section C: Alternative Accounting Rules
  1395. Preliminary
  1396. 29Paragraph 29
  1397. 30Paragraph 30
  1398. Alternative accounting rules
  1399. 31Paragraph 31
  1400. Application of the depreciation rules
  1401. 32Paragraph 32
  1402. Additional information to be provided in case of departure from historical cost accounting rules
  1403. 33Paragraph 33
  1404. Revaluation reserve
  1405. 34Paragraph 34
  1406. Chapter SECTION D: FAIR VALUE ACCOUNTING
  1407. Inclusion of financial instruments at fair value
  1408. 34AParagraph 34A
  1409. Determination of fair value
  1410. 34BParagraph 34B
  1411. Inclusion of hedged items at fair value
  1412. 34CParagraph 34C
  1413. Other assets that may be included at fair value
  1414. 34DParagraph 34D
  1415. Accounting for changes in value
  1416. 34EParagraph 34E
  1417. The fair value reserve
  1418. 34FParagraph 34F
  1419. Part III: NOTES TO THE ACCOUNTS
  1420. Preliminary
  1421. 35Paragraph 35
  1422. 35AReserves and dividends
  1423. Disclosure of accounting policies
  1424. 36Paragraph 36
  1425. Information supplementing the balance sheet
  1426. 37Paragraph 37
  1427. Share capital and debentures
  1428. 38Paragraph 38
  1429. 39Paragraph 39
  1430. Fixed assets
  1431. 40Paragraph 40
  1432. 41Paragraph 41
  1433. Investments
  1434. 42Paragraph 42
  1435. 42AInformation about fair value of assets and liabilities
  1436. 42BParagraph 42B
  1437. 42CInformation where investment property and living animals and plants included at fair value
  1438. Reserves and provisions
  1439. 43Paragraph 43
  1440. Details of indebtedness
  1441. 44Paragraph 44
  1442. 45Paragraph 45
  1443. Guarantees and other financial commitments
  1444. 46Paragraph 46
  1445. Miscellaneous matters
  1446. 47Paragraph 47
  1447. Information supplementing the profit and loss account
  1448. 48Paragraph 48
  1449. Particulars of turnover
  1450. 49Paragraph 49
  1451. Miscellaneous matters
  1452. 50Paragraph 50
  1453. General
  1454. 51Paragraph 51
  1455. Dormant companies acting as agents
  1456. 51AParagraph 51A
  1457. Part IV: INTERPRETATION OF SCHEDULE
  1458. 52Paragraph 52
  1459. 52AFinancial instruments
  1460. 52BParagraph 52B
  1461. Historical cost accounting rules
  1462. 53Paragraph 53
  1463. 53AInvestment property
  1464. Listed investments
  1465. 54Paragraph 54
  1466. Loans
  1467. 55Paragraph 55
  1468. Materiality
  1469. 56Paragraph 56
  1470. Provisions
  1471. 57Paragraph 57
  1472. 58Paragraph 58
  1473. Staff costs
  1474. 59Paragraph 59
  1475. Schedule 8A
  1476. Part I: BALANCE SHEET FORMATS
  1477. 1Paragraph 1
  1478. 2Paragraph 2
  1479. Balance Sheet Formats
  1480. AParagraph A
  1481. CParagraph C
  1482. DParagraph D
  1483. EParagraph E
  1484. FParagraph F
  1485. GParagraph G
  1486. HParagraph H
  1487. IParagraph I
  1488. JParagraph J
  1489. KParagraph K
  1490. Balance Sheet Formats
  1491. AASSETS
  1492. CParagraph C
  1493. DParagraph D
  1494. ALIABILITIES
  1495. BParagraph B
  1496. CParagraph C
  1497. DParagraph D
  1498. Notes on the balance sheet formats
  1499. Part II: NOTES TO THE ACCOUNTS
  1500. Preliminary
  1501. 3Paragraph 3
  1502. Disclosure of accounting policies
  1503. 4Paragraph 4
  1504. Information supplementing the balance sheet
  1505. 5Paragraph 5
  1506. 6Paragraph 6
  1507. Fixed assets
  1508. 7Paragraph 7
  1509. 7AFinancial fixed assets
  1510. Details of indebtedness
  1511. 8Paragraph 8
  1512. 9General
  1513. 9ADormant companies acting as agents
  1514. Schedule 9
  1515. 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1516. Part I: Form and Content of Accounts
  1517. Supplementary provisions
  1518. 18AParagraph 18A
  1519. 18BParagraph 18B
  1520. 18CParagraph 18C
  1521. Part: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  1522. Part: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  1523. Exceptions for certain companies
  1524. 28AParagraph 28A
  1525. Part: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  1526. Part: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  1527. Part II: Accounts of Banking or Insurance Group
  1528. Part I: INDIVIDUAL ACCOUNTS
  1529. Chapter 1: GENERAL RULES AND FORMATS
  1530. GENERAL RULES
  1531. 4Paragraph 4
  1532. 5Paragraph 5
  1533. 6Paragraph 6
  1534. 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1535. 8AParagraph 8A
  1536. THE REQUIRED FORMATS FOR ACCOUNTS
  1537. Preliminary
  1538. 9Paragraph 9
  1539. 10Paragraph 10
  1540. Balance Sheet Format
  1541. Notes on the balance sheet format and memorandum items
  1542. Special rules
  1543. 11Subordinated assets
  1544. 12Syndicated loans
  1545. 13Sale and repurchase transactions
  1546. 14Sale and option to resell transactions
  1547. 15Managed funds
  1548. Profit and Loss Account Formats
  1549. FORMAT 1
  1550. Vertical layout
  1551. FORMAT 2
  1552. Horizontal layout
  1553. A. Charges
  1554. Notes on the profit and loss account formats
  1555. Chapter II: ACCOUNTING PRINCIPLES AND RULES
  1556. ACCOUNTING PRINCIPLES
  1558. 16Paragraph 16
  1559. Accounting principles
  1560. 17Paragraph 17
  1561. 18Paragraph 18
  1562. 19Paragraph 19
  1563. 20Paragraph 20
  1564. 21Paragraph 21
  1565. Departure from the accounting principles
  1566. 22Paragraph 22
  1567. VALUATION RULES
  1568. Preliminary
  1569. 23Paragraph 23
  1570. Fixed assets
  1571. 24General rules
  1572. 25Paragraph 25
  1573. 26Paragraph 26
  1574. 27Development costs
  1575. 28Goodwill
  1576. 29Intangible and tangible fixed assets
  1577. 30Other fixed assets
  1578. 31Financial fixed assets
  1579. Current assets
  1580. 32Paragraph 32
  1581. 33Paragraph 33
  1582. 34Paragraph 34
  1583. Miscellaneous and supplementary provisions
  1584. 35Excess of money owed over value received as an asset item
  1585. 36Determination of cost
  1586. 37Paragraph 37
  1587. 38Substitution of original amount where price or cost unknown
  1588. ALTERNATIVE ACCOUNTING RULES
  1589. Preliminary
  1590. 39Paragraph 39
  1591. 40Paragraph 40
  1592. Alternative accounting rules
  1593. 41Paragraph 41
  1594. Application of the depreciation rules
  1595. 42Paragraph 42
  1596. Additional information to be provided in case of departure from historical cost accounting rules
  1597. 43Paragraph 43
  1598. Revaluation reserve
  1599. 44Paragraph 44
  1600. FAIR VALUE ACCOUNTING
  1601. Inclusion of financial instruments at fair value
  1602. 44AParagraph 44A
  1603. Determination of fair value
  1604. 44BParagraph 44B
  1605. Inclusion of hedged items at fair value
  1606. 44CParagraph 44C
  1607. Other assets that may be included at fair value
  1608. 44DParagraph 44D
  1609. Accounting for changes in value
  1610. 44EParagraph 44E
  1611. The fair value reserve
  1612. 44FParagraph 44F
  1613. ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
  1614. 45Paragraph 45
  1615. 46Paragraph 46
  1616. Chapter III: NOTES TO THE ACCOUNTS
  1618. Preliminary
  1619. 47Paragraph 47
  1620. General
  1621. 48Disclosure of accounting policies
  1622. 49Paragraph 49
  1623. 50Sums denominated in foreign currencies
  1624. 50AReserves and dividends
  1625. Information supplementing the balance sheet
  1626. 51Share capital and debentures
  1627. 52Paragraph 52
  1628. 53Paragraph 53
  1629. 54Paragraph 54
  1630. 55Fixed assets
  1631. 56Paragraph 56
  1632. 57Paragraph 57
  1633. 58Paragraph 58
  1634. 58AInformation about fair value of assets and liabilities
  1635. 58BParagraph 58B
  1636. 58CParagraph 58C
  1637. 58DInformation where investment property and living animals and plants included at fair value
  1638. 59Reserves and provisions
  1639. 60Provision for taxation
  1640. 61Maturity analysis
  1641. 62Debt and other fixed income securities
  1642. 63Subordinated liabilities
  1643. 64Fixed cumulative dividends
  1644. 65Details of assets charged
  1645. 66Guarantees and other financial commitments
  1646. 67Memorandum items: Group undertakings
  1647. 68Transferable securities
  1648. 69Leasing transactions
  1649. 70Assets and liabilities denominated in a currency other than sterling (or the currency in which the accounts are drawn up)
  1650. 71Sundry assets and liabilities
  1651. 72Unmatured forward transactions
  1652. 73Miscellaneous matters
  1653. Information supplementing the profit and loss account
  1654. 74. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1655. 75Particulars of tax
  1656. 76Particulars of income
  1657. 77Particulars of staff Repealed
  1658. 78Management and agency services
  1659. 79Subordinated liabilities
  1660. 80Sundry income and charges
  1661. 81Miscellaneous matters
  1662. Chapter IV: INTERPRETATION OF PART I
  1663. 82General
  1664. 82AFinancial instruments
  1665. 82BParagraph 82B
  1666. 83Loans
  1667. 84Materiality
  1668. 85Provisions
  1669. 86Scots land tenure
  1670. 87Staff costs
  1671. Part II: CONSOLIDATED ACCOUNTS
  1672. 1Undertakings to be included in consolidation Repealed
  1673. 5Foreign currency translation
  1674. 6Paragraph 6
  1675. 7Information as to undertaking in which shares held as a result of financial assistance operation
  1676. Part III
  1677. Part III: ADDITIONAL DISCLOSURE: RELATED UNDERTAKINGS
  1678. Part IV: Additional Disclosure: Emoluments and Other Benefits of Directors and Others
  1679. Loans, quasi-loans and other dealings
  1680. 2Paragraph 2
  1681. Other transactions, arrangements and agreements
  1682. 3Paragraph 3
  1683. Schedule 9A
  1684. Part I: Individual Accounts
  1685. Chapter I: General Rules and Formats
  1686. General Rules
  1687. 2Paragraph 2
  1688. 3Paragraph 3
  1689. 4Paragraph 4
  1690. 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1691. 6Paragraph 6
  1692. 6AParagraph 6A
  1693. The Required Formats for Accounts
  1694. Preliminary
  1695. 7Paragraph 7
  1696. 8Paragraph 8
  1697. 9Paragraph 9
  1698. Balance Sheet Format
  1699. ASSETS
  1700. LIABILITIES
  1701. Notes on the balance sheet format
  1702. Special rules for balance sheet format
  1703. 10Additional items
  1704. 11Managed funds
  1705. 12Deferred acquisition costs
  1706. Profit and loss account format
  1707. IParagraph I
  1708. IIParagraph II
  1709. IIIParagraph III
  1710. Notes on the profit and loss account format
  1711. Chapter II: Accounting Principles and Rules
  1712. Accounting Principles
  1713. Preliminary
  1714. 13Paragraph 13
  1715. Accounting principles
  1716. 14Paragraph 14
  1717. 15Paragraph 15
  1718. 16Paragraph 16
  1719. 17Paragraph 17
  1720. 18Paragraph 18
  1721. Departure from accounting principles
  1722. 19Paragraph 19
  1723. 19AValuation
  1724. Current Value Accounting Rules
  1725. Preliminary
  1726. 20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1727. 21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1728. Valuation of assets: general
  1729. 22Paragraph 22
  1730. 23Paragraph 23
  1731. Alternative valuation of fixed-income securities
  1732. 24Paragraph 24
  1733. Meaning of “current value”
  1734. 25Paragraph 25
  1735. 26Paragraph 26
  1736. Application of the depreciation rules
  1737. 27Paragraph 27
  1738. Additional information to be provided
  1739. 28Paragraph 28
  1740. Revaluation reserve
  1741. 29Paragraph 29
  1743. VALUATION AT FAIR VALUE
  1744. 29AInclusion of financial instruments at fair value
  1745. 29BDetermination of fair value
  1746. 29CInclusion of hedged items at fair value
  1747. 29DOther assets that may be included at fair value
  1748. 29EAccounting for changes in value
  1749. 29FThe fair value reserve
  1750. Historical Cost Accounting Rules
  1751. Preliminary
  1752. 30. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1753. Valuation of assets
  1754. 31General rules
  1755. 32Paragraph 32
  1756. 33Paragraph 33
  1757. 34Paragraph 34
  1758. 35Development costs
  1759. 36Goodwill
  1760. Miscellaneous and supplemental
  1761. 37Excess of money owed over value received as an asset item
  1762. 38Assets included at a fixed amount
  1763. 39Determination of cost
  1764. 40Paragraph 40
  1765. 41Substitution of original amount where price or cost unknown
  1766. Rules for Determining Provisions
  1767. 42Preliminary
  1768. 43Technical provisions
  1769. 44Provision for unearned premiums
  1770. 45Provision for unexpired risks
  1771. 46Long term business provision
  1772. Provisions for claims outstanding
  1773. 47General business
  1774. 48Paragraph 48
  1775. 49Long term business
  1776. 50Equalisation reserves
  1777. 51Accounting on a non-annual basis
  1778. 52Paragraph 52
  1779. 53Paragraph 53
  1780. Chapter iii: Notes to the Accounts
  1781. Preliminary
  1782. 54Paragraph 54
  1783. General
  1784. 55Disclosure of accounting policies
  1785. 56Paragraph 56
  1786. 57Sums denominated in foreign currencies
  1787. 57AReserves and dividends
  1788. Information supplementing the balance sheet
  1789. 58Share capital and debentures
  1790. 59Paragraph 59
  1791. 60Paragraph 60
  1792. 61Paragraph 61
  1793. 62Assets
  1794. 63Paragraph 63
  1795. 64Paragraph 64
  1796. 65Investments
  1797. 65AInformation about fair value of assets and liabilities
  1798. 65BParagraph 65B
  1799. 65CParagraph 65C
  1800. 65DInformation where investment property and living animals and plants included at fair value
  1801. 66Reserves and provisions
  1802. 67Provision for taxation
  1803. 68Details of indebtedness
  1804. 69Paragraph 69
  1805. 70Guarantees and other financial commitments
  1806. 71. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  1807. 72Miscellaneous matters
  1808. Information supplementing the profit and loss account
  1809. 73Separate statement of certain items of income and expenditure
  1810. 74Particulars of tax
  1811. 75Particulars of business
  1812. 76Paragraph 76
  1813. 77Paragraph 77
  1814. 78Commissions
  1815. 79Particulars of staff Repealed
  1816. 80Miscellaneous matters
  1817. Chapter IV: Interpretation of Part I
  1818. 81General
  1819. 81AFinancial instruments
  1820. 81BParagraph 81B
  1821. 82Loans
  1822. 83Materiality
  1823. 84Provisions
  1824. 85Scots land tenure
  1825. 86Staff costs
  1826. Part II: Consolidated Accounts
  1827. Chapter: Schedule 4A to apply Part I of this Schedule with modifications
  1828. 1Paragraph 1
  1829. Chapter: Modifications of Part I of this Schedule for purposes of paragraph 1
  1830. 2Paragraph 2
  1831. Schedule 10
  1832. Recent issues
  1833. 1Paragraph 1
  1834. Turnover and profitability
  1835. 2Paragraph 2
  1836. Labour force and wages paid
  1837. 3Paragraph 3
  1838. Schedule 10A
  1839. Introduction
  1840. 1Paragraph 1
  1841. Voting rights in an undertaking
  1842. 2Paragraph 2
  1843. Right to appoint or remove a majority of the directors
  1844. 3Paragraph 3
  1845. Right to exercise dominant influence
  1846. 4Paragraph 4
  1847. Rights exercisable only in certain circumstances or temporarily incapable of exercise
  1848. 5Paragraph 5
  1849. Rights held by one person on behalf of another
  1850. 6Paragraph 6
  1851. 7Paragraph 7
  1852. Rights attached to shares held by way of security
  1853. 8Paragraph 8
  1854. Rights attributed to parent undertaking
  1855. 9Paragraph 9
  1856. Disregard of certain rights
  1857. 10Paragraph 10
  1858. Supplementary
  1859. 11Paragraph 11
  1860. Schedule 11
  1861. 1Paragraph 1
  1862. Modifications where accounts prepared in accordance with special provisions for banking companies
  1863. 2Paragraph 2
  1864. 3Paragraph 3
  1865. 4Paragraph 4
  1866. 5Paragraph 5
  1867. 6Paragraph 6
  1868. Modifications where accounts prepared in accordance with special provisions for insurance companies
  1869. 7Paragraph 7
  1870. 8Paragraph 8
  1871. 9Paragraph 9
  1872. 10Paragraph 10
  1873. 11Paragraph 11
  1874. 12Paragraph 12
  1875. 13Paragraph 13
  1876. Schedule 12. . .
  1877. Schedule 13: Provisions Supplementing and Interpreting Sections 324 to 328
  1878. Part I
  1879. 1Paragraph 1
  1880. 2Paragraph 2
  1881. 3Paragraph 3
  1882. 4Paragraph 4
  1883. 5Paragraph 5
  1884. 6Paragraph 6
  1885. 7Paragraph 7
  1886. 8Paragraph 8
  1887. 9Paragraph 9
  1888. 10Paragraph 10
  1889. 11Paragraph 11
  1890. 12Paragraph 12
  1891. 13Paragraph 13
  1892. Part II
  1893. 14Paragraph 14
  1894. 15Paragraph 15
  1895. 16Paragraph 16
  1896. Part III
  1897. 17Paragraph 17
  1898. 18Paragraph 18
  1899. 19Paragraph 19
  1900. 20Paragraph 20
  1901. Part IV
  1902. 21Paragraph 21
  1903. 22Paragraph 22
  1904. 23Paragraph 23
  1905. 24Paragraph 24
  1906. 25Paragraph 25
  1907. 26Paragraph 26
  1908. 27Paragraph 27
  1909. 28Paragraph 28
  1910. 29Paragraph 29
  1911. Schedule 14
  1912. ICountries and Territories in Which Overseas Branch Register May be Kept
  1913. Part II: General Provisions With Respect to Overseas Branch Registers
  1914. 1Paragraph 1
  1915. 2Paragraph 2
  1916. 3Paragraph 3
  1917. 4Paragraph 4
  1918. 5Paragraph 5
  1919. 6Paragraph 6
  1920. 7Paragraph 7
  1921. 8Paragraph 8
  1922. Part III: Provisions for Branch Registers of Oversea Companies to be Kept in Great Britain
  1923. 9Paragraph 9
  1924. Schedule 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  1925. Schedule 15A
  1926. Part I: Exceptions
  1927. 1Paragraph 1
  1928. Part II: Adaptation of Procedural Requirements
  1929. Introductory
  1930. 2Paragraph 2
  1931. Section 95 (disapplication of pre-emption rights)
  1932. 3Paragraph 3
  1933. Section 155 (financial assistance for purchase of company’s own shares or those of holding company)
  1934. 4Paragraph 4
  1935. Sections 164, 165 and 167 (authority for off-market purchase or contingent purchase contract of company’s own shares)
  1936. 5Paragraph 5
  1937. Section 173 (approval for payment out of capital)
  1938. 6Paragraph 6
  1939. Section 319 (approval of director’s service contract)
  1940. 7Paragraph 7
  1941. Section 337 (funding of director’s expenditure in performing his duties)
  1942. 8Paragraph 8
  1943. Schedule 15B
  1944. 1Meeting of transferee company
  1945. 2Draft terms of merger
  1946. 3Documents and information to be made available
  1947. 4Directors’ report
  1948. 5Expert’s report
  1949. 6Inspection of documents
  1950. 7Transferor company holding its own shares
  1951. 8Securities other than shares to which special rights are attached
  1952. 9Date and consequences of the compromise or arrangement
  1953. 10Exceptions
  1954. 11Paragraph 11
  1955. Transferee company or companies holding shares in the transferor company
  1956. 12Paragraph 12
  1957. 13Paragraph 13
  1958. 14Paragraph 14
  1959. 15Liability of transferee companies for the default of another
  1960. Schedule 15C: Specified persons
  1961. 1Paragraph 1
  1962. 2Paragraph 2
  1963. 3Paragraph 3
  1964. 3AParagraph 3A
  1965. 4Paragraph 4
  1966. 5Paragraph 5
  1967. 6Paragraph 6
  1968. 6AParagraph 6A
  1969. 7Paragraph 7
  1970. 7AParagraph 7A
  1971. 7BParagraph 7B
  1972. 7CParagraph 7C
  1973. 7DParagraph 7D Repealed
  1974. 8Paragraph 8
  1975. 9Paragraph 9
  1976. 10Paragraph 10
  1977. Schedule 15D: Disclosures
  1978. 1Paragraph 1
  1979. 2Paragraph 2
  1980. 3Paragraph 3
  1981. 4Paragraph 4
  1982. 5Paragraph 5
  1983. 6Paragraph 6
  1984. 7Paragraph 7
  1985. 8Paragraph 8
  1986. 9Paragraph 9
  1987. 10Paragraph 10
  1988. 11Paragraph 11
  1989. 12Paragraph 12
  1990. 13Paragraph 13
  1991. 13AParagraph 13A
  1992. 14Paragraph 14
  1993. 15Paragraph 15
  1994. 16Paragraph 16
  1995. 17Paragraph 17
  1996. 18Paragraph 18 Repealed
  1997. 19Paragraph 19
  1998. 20Paragraph 20
  1999. 21Paragraph 21
  2000. 22Paragraph 22
  2001. 23Paragraph 23
  2002. 24Paragraph 24
  2003. 25Paragraph 25
  2004. 26Paragraph 26
  2005. 27Paragraph 27
  2006. 27AParagraph 27A
  2007. 28Paragraph 28
  2008. 29Paragraph 29 Repealed
  2009. 30Paragraph 30
  2010. 31Paragraph 31
  2011. 32Paragraph 32
  2012. 33Paragraph 33
  2013. 34Paragraph 34
  2014. 35Paragraph 35
  2015. 36Paragraph 36
  2016. 37Paragraph 37 Repealed
  2017. 38Paragraph 38
  2018. 39Paragraph 39
  2019. 40Paragraph 40
  2020. 41Paragraph 41
  2021. 42Paragraph 42
  2022. 43Paragraph 43
  2023. 44Paragraph 44
  2024. 44AParagraph 44A
  2025. 45Paragraph 45
  2026. 46Paragraph 46
  2027. 47Paragraph 47
  2028. 48Paragraph 48
  2029. 49Paragraph 49
  2030. 50Paragraph 50 Repealed
  2031. Schedule 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  2032. Schedule S 17–19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
  2033. Schedule 20
  2034. I. . .
  2035. Part II: Crown Disclaimer under section 656
  2036. 5Paragraph 5
  2037. 6Paragraph 6
  2038. 7Paragraph 7
  2039. 8Paragraph 8
  2040. 9Paragraph 9
  2041. Schedule 21
  2042. Interpretation
  2043. 1Paragraph 1
  2044. Vesting of property
  2045. 2Paragraph 2
  2046. Existing liabilities
  2047. 3Paragraph 3
  2048. Pending actions at law
  2049. 4Paragraph 4
  2050. The company’s constitution
  2051. 5Paragraph 5
  2052. 6Paragraph 6
  2053. Capital structure
  2054. 7Paragraph 7
  2055. Supplementary
  2056. 8Paragraph 8
  2057. 9Paragraph 9
  2058. Schedule 21A
  2059. 1Duty to register
  2060. 2Particulars required
  2061. 3Paragraph 3
  2062. 4Paragraph 4
  2063. 4AParagraph 4A
  2064. 5Documents required
  2065. 6Paragraph 6
  2066. 7Alterations
  2067. 8Paragraph 8
  2068. 9Paragraph 9
  2069. Schedule 21B
  2070. 1Paragraph 1
  2071. 2Paragraph 2
  2072. Schedule 21C
  2073. Part I: Institutions required to prepare accounts under parent law
  2074. 1Scope of Part and Interpretation
  2075. 2Duty to deliver copies in Great Britain
  2076. 3Paragraph 3
  2077. 4Paragraph 4
  2078. 5Paragraph 5
  2079. 6Registrar to whom documents to be delivered
  2080. 7Penalty for non-compliance
  2081. 8Interpretation
  2082. Part II: INSTITUTIONS NOT REQUIRED TO PREPARE ACCOUNTS UNDER PARENT LAW
  2083. 9Scope of Part and Interpretation
  2084. 10Preparation of accounts and reports
  2085. 11Paragraph 11
  2086. 12Duty to deliver accounts and reports
  2087. 13Time for delivery
  2088. 14Registrar to whom documents to be delivered
  2089. 15Penalty for non-compliance
  2090. Schedule 21D
  2091. Part I: COMPANIES REQUIRED TO MAKE DISCLOSURE UNDER PARENT LAW
  2092. 1Scope of Part
  2093. 2Duty to deliver copies in Great Britain
  2094. 3Paragraph 3
  2095. 4Time for delivery
  2096. 5Penalty for non-compliance
  2097. 6Interpretation
  2098. Part II: COMPANIES NOT REQUIRED TO MAKE DISCLOSURE UNDER PARENT LAW
  2099. 7Scope of Part
  2100. 8Preparation of accounts and reports
  2101. 9Paragraph 9
  2102. 10Duty to deliver accounts and reports
  2103. 11Paragraph 11
  2104. 12Time for delivery
  2105. 13Penalty for non-compliance
  2106. Schedule 22Schedule 22
  2107. Schedule 23Schedule 23
  2108. Schedule 24Schedule 24
  2109. Schedule 25
  2110. 38Relief from section 56 in respect of group reconstructions.