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Companies (Unregistered Companies) (Amendment) Regulations (Northern Ireland) 1991

S.R. 1991/28 · Made 5 February 1991

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

COMPANIES

Made 5th February 1991

Coming into operation 11th March 1991

The Department of Economic Development, in exercise of the powers conferred on it by Article 667(1) and (3) of and Schedule 21 to the Companies (Northern Ireland) Order 1986f1 and of every other power enabling it in that behalf, hereby makes the following Regulations:

Annotations to the whole text

Footnotes

f1

S.I. 1986/1032 (N.I. 6); the entries in Schedule 21 relating to Parts IV and V of the Companies (Northern Ireland) Order 1986 were revoked by section 212(3) of and Part II of Schedule 17 to the Financial Services Act 1986 (c. 60) and by Article 5 of and Schedule 4 to S.I. 1986/2246 to the extent to which they would apply in relation to any investment which is listed or the subject of an application for listing in accordance with Part IV of that Act, and Schedule 21 was further amended by provisions contained in the Companies (Northern Ireland) Order 1990 (S.I. 1990/593 (N.I. 5)) and the Companies (No. 2) (Northern Ireland) Order 1990 (S.I. 1990/1504 (N.I. 10))

Contents

  1. 1Citation and commencement
  2. 2Amendments of the Companies (Unregistered Companies) Regulations (Northern Ireland) 1986
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Companies (Unregistered Companies) (Amendment) Regulations (Northern Ireland) 1991 and shall come into operation on 11th March 1991.

2Amendments of the Companies (Unregistered Companies) Regulations (Northern Ireland) 1986

The Companies (Unregistered Companies) Regulations (Northern Ireland) 1986f1 are hereby amended as follows:—

(a)

in regulation 6(h), sub-paragraph (iv) shall be omitted, and there shall be inserted after regulation 6(h) the following paragraph:

“(hh)

Schedule 5 to the Order shall have effect as if paragraphs 10 and 29 were omitted.”f2;

(b)

in regulation 6(i), for the words from “paragraph 13(3)” to “were” there shall be substituted the words “paragraph 13(4) was”f3;

(c)

in the entry in the Schedule relating to Part VIII:

(i)

after the words “Part VIII” and before the word “with” there shall be substituted the words “(except Articles 260 and 261),”; and

(ii)

in column 1, for “paragraphs 2, 7 and 8” there shall be substituted “paragraphs 2 to 2B, 7 and 8”f4 and for “Schedule 10” there shall be substituted “Schedules 10 and 10A”f5; and

(d)

in the entry in the Schedule relating to Part XII:

(i)

in column 1, for “Articles 392 to 401” there shall be substituted “Articles 392 to 401B (except Articles 393A, 394 and 401)”f6; and

(ii)

in column 2, the word “qualifications” shall be omittedf7.

Signature

Sealed with the Official Seal of the Department of Economic Development on 5th February 1991.

L.S.

A.H. McAlister

Assistant Secretary

Explanatory note

(This note is not part of the Regulations.)

The Companies (Unregistered Companies) Regulations (Northern Ireland) 1986 (“the 1986 Regulations”) applied certain provisions of the Companies (Northern Ireland) Order 1986 (“the 1986 Order”) to unregistered companies.

These Regulations amend the 1986 Regulations to reflect the amendments made by the Companies (Northern Ireland) Order 1990 and the Companies (No. 2) (Northern Ireland) Order 1990 to those 1986 Order provisions which relate to the preparation of accounts and reports and to the appointment and removal of auditors. The amendments to these provisions were bought into operation by the Companies (1990 Order) (Commencement No. 1) Order (Northern Ireland) 1990 (S.R. 1990 No. 246 (C. 9)) and the Companies (1990 No. 2 Order) (Commencement No. 1) Order (Northern Ireland) 1991 (S.R. 1991 No. 26 (C. 2)) subject to the transitional and saving provisions provided in those Orders.