Paragraph 92 Effect of restoration to the register where property has vested as bona vacantia (s. 1034)I1

Section 1034 of the Companies Act 2006 (effect of restoration to the register where property has vested as bona vacantia) applies whenever the company was dissolved.

The following provisions apply where the company was dissolved before 1st October 2009.

The reference in section 1034(1) to section 1012 (property of dissolved company to be bona vacantia) shall be read as a reference to section 654 of the 1985 Act or Article 605 of the 1986 Order (or corresponding earlier provisions).

No deduction is to be made under section 1034(3) (deduction of reasonable costs of Crown representative from amount payable to company) from consideration realised before 1st October 2009.