Section 1123 Application to bodies other than companiesC10C11C12C13C1I1C2C3C4C5C6C7C8C9
Section 1121 (liability of officers in default) applies to a body other than a company as it applies to a company.
As it applies in relation to a body corporate other than a company—
the reference to a director of the company shall be read as referring—
where the body's affairs are managed by its members, to a member of the body,
in any other case, to any corresponding officer of the body, and
the reference to a manager or secretary of the company shall be read as referring to any manager, secretary or similar officer of the body.
As it applies in relation to a partnership—
the reference to a director of the company shall be read as referring to a member of the partnership, and
the reference to a manager or secretary of the company shall be read as referring to any manager, secretary or similar officer of the partnership.
As it applies in relation to an unincorporated body other than a partnership—
the reference to a director of the company shall be read as referring—
where the body's affairs are managed by its members, to a member of the body,
in any other case, to a member of the governing body, and
the reference to a manager or secretary of the company shall be read as referring to any manager, secretary or similar officer of the body.
Annotations
Modifications
- C1
S. 1123 applied (15.12.2007) by The Companies (Cross-Border Mergers) Regulations (S.I. 2007/2974), {reg. 4(1)(e)} (with transitional provisions in Sch. 1 para. 2)
- C2
S. 1123 applied by S.I. 2008/565, reg. 13 (as substituted (with effect in accordance with reg. 2(4) of the amending S.I.) by The Statutory Auditors Regulations 2017 (S.I. 2017/1164), reg. 1(2)(3), Sch. 2 para. 12 (with reg. 2(6)(7)))
- C3
Ss. 1121-1123 applied (with modifications) (1.8.2022 for specified purposes, 12.10.2022 in so far as not already in force) by Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), ss. 35, 69(1); S.I. 2022/876, reg. 3(j); S.I. 2022/1039, reg. 2(a)
- C4
Ss. 1121-1123 applied (with modifications) (N.I.) (5.9.2022) by 1970 c. 18, Sch. 8A para. 5(4)-(6) (as inserted by Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), s. 69(1), Sch. 5 para. 3; S.I. 2022/876, reg. 4(c))
- C5
Ss. 1121-1123 applied (with modifications) (S.) (5.9.2022) by 2012 asp 5, s. 112A(6)-(8) (as inserted by Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), s. 69(1), Sch. 4 para. 7; S.I. 2022/876, reg. 4(c))
- C6
Ss. 1121-1123 applied (with modifications) (E.W.) (5.9.2022) by 2002 c. 9, Sch. 4A para. 6(4)-(6) (as inserted by Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), s. 69(1), Sch. 3 para. 3; S.I. 2022/876, reg. 4(c))
- C7
Ss. 1121-1123 applied (26.10.2023 but only so far as it confers a power to make regulations or relates to the exercise of the power, otherwise prosp.) by S.I. 2014/309, reg. 16BA(4) (as inserted by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 212, 219(1)(2)(b))
- C8
Ss. 1121-1123 applied (26.10.2023 for specified purposes, 4.3.2024 in so far as not already in force) by S.I. 2014/309, reg. 16(4) (as inserted by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 212, 219(1)(2)(b); S.I. 2024/269, reg. 2(z65))
- C9
Ss. 1121-1123 applied (26.10.2023 for specified purposes, 4.3.2024 in so far as not already in force) by S.I. 2014/309, reg. 16BA(4) (as inserted by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 212, 219(1)(2)(b); S.I. 2024/269, reg. 2(z65))
- C10
Ss. 1121-1123 applied (6.4.2008) by The Partnerships (Accounts) Regulations 2008 (S.I. 2008/569), reg. 16(4)(a)
- C11
S. 1123 applied (6.4.2008) by The Bank Accounts Directive (Miscellaneous Banks) Regulations 2008 (S.I. 2008/567), regs. 4, 7(2), Sch. para. 1 (with Sch. para. 11)
- C12
S. 1123 applied (6.4.2008) by The Insurance Accounts Directive (Miscellaneous Insurance Undertakings) Regulations 2008 (S.I. 2008/565), reg. 12(6)
- C13
S. 1123 applied (6.4.2008) by The Insurance Accounts Directive (Miscellaneous Insurance Undertakings) Regulations 2008 (S.I. 2008/565), reg. 6(3)(4)
Commencement
- I1
S. 1123 wholly in force; s. 1123 not in force at Royal Assent see s. 1300; s. 1123 in force for specified purposes at 6.4.2007 by S.I. 2007/1093, art. 2(2)(c) (with art. 11(1)); s. 1123 in force for further specified purposes at 1.10.2007 by S.I. 2007/2194, art. 2(1)(l) (with saving in art. 12); s. 1123 in force for further specified purposes at 6.4.2008 and 1.10.2008 by S.I. 2007/3495, arts. 3(3)(g), 5(3)(a) (with savings in arts. 7, 12); s. 1123 otherwise in force at 1.10.2009 by S.I. 2008/2860, art. 3(s) (with arts. 5, 7, 8, Sch. 2) (as amended by S.I. 2009/1802, art. 18)
Notes on Part 36
Textual amendments
- F1
Words in Pt. 36 heading inserted (26.10.2023 for specified purposes, 4.3.2024 in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 104(2), 219(1)(2)(b); S.I. 2024/269, reg. 2(z41)
Modifications
- C1
Pts. 1-39 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 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))
- C2
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2