# Companies Act 1989, Paragraph 40

Extent: E+W+S+N.I.

For paragraph 34 substitute—
“
34 (1) A transferee body to which the Registrar has transferred any legislative functions may exercise those functions without the consent of the Secretary of State.
(2) In this paragraph “legislative functions” means the functions of issuing or making statements of principle, rules, regulations or codes of practice.”.

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Source: https://www.legislation.gov.uk/ukpga/1989/40/schedule/23/paragraph/40 (the official version)
Page: https://openlegislation.uk/companies-act-1989/schedule-23/paragraph-40
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.