The Small Business, Enterprise and Employment Act 2015 (Commencement No. 8) Regulations 2024
S.I. 2024/270 · Made 29 February 2024
COMPANIES
Made 29th February 2024
The Secretary of State makes these Regulations in exercise of the powers conferred by sections 161(2)(a) and 164(1) of the Small Business, Enterprise and Employment Act 2015f1.
Annotations to the whole text
Footnotes
- f1
Contents
1Citation and extent
These Regulations may be cited as the Small Business, Enterprise and Employment Act 2015 (Commencement No. 8) Regulations 2024.
These Regulations extend to England and Wales, Scotland and Northern Ireland.
2Provision coming into force on 4th March 2024
Section 87(4) (requirement for all company directors to be natural persons) of the Small Business, Enterprise and Employment Act 2015 comes into force on 4th March 2024 for the purpose of bringing into force section 156B (power to provide for exceptions from requirement that each director be a natural person) of the Companies Act 2006f1.
Signature
Kevin Hollinrake
Parliamentary Under Secretary of State
Department for Business and Trade
29th February 2024
Explanatory note
(This note is not part of the Regulations)
These are the eighth commencement Regulations under the Small Business, Enterprise and Employment Act 2015 (c. 26, “the Act”). They bring into force section 87 of the Act for the purpose of bringing into force section 156B of the Companies Act 2006 (c. 46) which contains a power for the Secretary of State to make provision in regulations for cases in which a person who is not a natural person may be appointed a director of a company.