Regulation 3

(1)

Notwithstanding the repeal of section 47(1) of the Finance Act 1973^f1 and the provisions of regulation 2(2) and (3) above, the form 88(2) revoked by regulation 2(2) above, and the forms prescribed by regulation 5 of the 1985 Regulations (which is revoked by regulation 2(3) above)–

(a)

shall, in any case where the allotment of shares was made before 16th March 1988, be used for the purposes of section 88(2) of the Companies Act 1985 instead of the form prescribed by these Regulations; and

(b)

may, in any other case, be used for those purposes instead of the form prescribed by these Regulations.

(2)

Paragraph (1)(b) applies only in relation to documents received by the registrar of companies before 1st August 1988.

Annotations

Footnotes

f1: 1973 c. 51; section 47(1) was repealed by the Finance Act 1988 (c. 39), section 148 and Schedule 14, Part XI.