Explanatory note
(This note is not part of the Regulations)
These Regulations further amend the Companies (Forms) Regulations 1985 as amended by the Companies (Forms) (Amendment) Regulations 1986 and the Companies (Forms) (Amendment) Regulations 1987.
They prescribe a new Form 88(2), to take account of the repeal of section 47(1) of the Finance Act 1973 (which provided for the payment of stamp duty on documents relating to chargeable transactions of capital companies). The forms previously prescribed under the provisions of section 88(2)(a) of the Companies Act 1985 are revoked, except in relation–
to any allotment of shares made before 16th March 1988, where the previously prescribed forms must be used;
to documents received by the registrar of companies before 1st August 1988 which relate to any allotment of shares made on or after 16th March 1988, where the previously prescribed forms may be used.