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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Regulations)

These Regulations make amendments to Article 98 of the Companies (Northern Ireland) Order 1986 (“the 1986 Order”) consequent upon Part 4 of the Finance Act 2003 (c. 14) and the abolition of stamp duty, except on instruments relating to stock or marketable securities (see section 125 of that Act).

Regulation 1 provides for the citation, commencement and extent of these Regulations.

Regulation 2 makes amendments to Article 98 of the 1986 Order. The purpose of the amendments is to remove the requirement to stamp the prescribed particulars of a contract which a company is required, under paragraph (3) of that Article, to deliver to the registrar of companies.

These Regulations do not impose new costs on business.