OpenLegislation

Paragraph 24 Repeal of minimum membership requirementI1

United Kingdom

The repeal of section 24 of the 1985 Act or Article 34 of the 1986 Order (minimum membership for carrying on business) does not affect any liability under that section or Article for debts of the company contracted before 1st October 2009.

Annotations

Commencement

I1

Sch. 2 para. 24 in force at 1.10.2009, see art. 1(2)

Notes on Schedule 2

Modifications

C1

Sch. 2 applied (with modifications) (31.12.2023) by The Resolution of Central Counterparties (Modified Application of Corporate Law and Consequential Amendments) Regulations 2023 (S.I. 2023/1313), regs. 1(2), 6