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The Foreign Companies (Execution of Documents) Regulations (Northern Ireland) 2003

S.R. 2003/5 · Made 7 January 2003

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 7th January 2003

Coming into operation 24th February 2003

The Department of Enterprise, Trade and Investmentf1 in exercise of the powers conferred by Article 65(5) of the Companies (No. 2) (Northern Ireland) Order 1990f2 and now vested in it and of every other power enabling it in that behalf, hereby makes the following Regulations:–

Annotations to the whole text

Footnotes

f1

S.I. 1999/283 (N.I. 1)

f2

S.I. 1990/1504 (N.I. 10)

Contents

  1. 1Citation and commencement
  2. 2Application of Articles 46, 46A and 46B
  3. 3Application of Articles 46, 46A and 46B
  4. 4Adaptation of Article 46
  5. 5Adaptation of Article 46A
  6. Signature
  7. Explanatory note

1Citation and commencement

These Regulations may be cited as the Foreign Companies (Execution of Documents) Regulations (Northern Ireland) 2003 and shall come into operation on 24th February 2003.

2Application of Articles 46, 46A and 46B

Articles 46, 46A and 46B of the Companies (Northern Ireland) Order 1986f1 shall apply to companies incorporated outside Northern Ireland with the adaptations and modifications set out in regulations 3 to 5.

3Application of Articles 46, 46A and 46B

References in the said Articles 46, 46A and 46B to a company shall be construed as references to a company incorporated outside Northern Ireland.

4Adaptation of Article 46

Article 46 shall apply as if–

(a)

after the words “common seal,” in sub-paragraph (a) there were inserted “or in any manner permitted by the laws of the territory in which the company is incorporated for the execution of documents by such a company,”, and

(b)

for sub-paragraph (b) there were substituted–

“(b)

on behalf of a company, by any person who, in accordance with the laws of the territory in which the company is incorporated, is acting under the authority (express or implied) of that company;”.

5Adaptation of Article 46A

Article 46A shall apply as if–

(a)

at the end of paragraph (2) there were inserted–

  • “, or if it is executed in any manner permitted by the laws of the territory in which the company is incorporated for the execution of documents by such a company.”,

(b)

for paragraph (4) there were substituted–

“(4)

A document which–

(a)

is signed by a person or persons who, in accordance with the laws of the territory in which the company is incorporated, is or are acting under the authority (express or implied) of that company, and

(b)

is expressed (in whatever form of words) to be executed by the company,

has the same effect in relation to that company as it would have in relation to a company incorporated in Northern Ireland if executed under the common seal of a company so incorporated.”, and

(c)

in paragraph (6) for the words from “a director” to “directors of the company” there were substituted “a person or persons who, in accordance with the laws of the territory in which the company is incorporated, is or are acting under the authority (express or implied) of that company”.

Signature

Sealed with the Official Seal of the Department of Enterprise, Trade and Investment on 7th January 2003.

L.S.

M. Bohill

Senior Officer of the

Department of Enterprise, Trade and Investment

Explanatory note

(This note is not part of the Regulations.)

These Regulations, made under Article 65(5) of the Companies (No. 2) (Northern Ireland) Order 1990, apply the following provisions of the Companies (Northern Ireland) Order 1986 to companies incorporated outside Northern Ireland, with the adaptations and modifications set out in regulations 3 to 5–

(a)

Article 46 (company contracts),

(b)

Article 46A (execution of documents), and

(c)

Article 46B (pre-incorporation contracts, deeds and obligations).