# Companies Act 2006, Paragraph 26

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

(1) The Secretary of State may by regulations amend this Schedule for a permitted purpose.
(2) The permitted purposes are—
(a) to replace any or all references in this Schedule to a percentage figure with references to some other (larger or smaller) percentage figure;
(b) to change or supplement the specified conditions in Part 1 of this Schedule so as to include circumstances (for example, circumstances involving more complex structures) that give individuals a level of control over company Y broadly similar to the level of control given by the other specified conditions;
(c) in consequence of any provision made by virtue of paragraph (b), to change or supplement Part 2 of this Schedule so that circumstances specified in that Part in which a person is to be regarded as holding an interest in a company correspond to any of the specified conditions, or would do so but for the extent of the interest.
(3) Regulations under this paragraph are subject to affirmative resolution procedure.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/schedule/1A/paragraph/26 (the official version)
Page: https://openlegislation.uk/companies-act-2006/schedule-1A/paragraph-26
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

