Companies Act 2006

2006 c. 46 · Enacted 8 November 2006 · Extends to United Kingdom

Contents

1. Part 1: General introductory provisions
2. Companies and Companies Acts
3. 1Companies
4. 2The Companies Acts
5. Types of company
6. 3Limited and unlimited companies
7. 4Private and public companies
8. 5Companies limited by guarantee and having share capital
9. 6Community interest companies
10. Part 2: Company formation
11. General
12. 7Method of forming company
13. 8Memorandum of association
14. Requirements for registration
15. 9Registration documents
16. 9ARequired information about the subscribers
17. 10Statement of capital and initial shareholdings
18. 11Statement of guarantee
19. 12Statement of proposed officers
20. 12AStatement of initial significant control
21. 12BOption to provide ID verification information about PSCs
22. 13Statement of compliance
23. Registration and its effect
24. 14Registration
25. 15Issue of certificate of incorporation
26. 16Effect of registration
27. Part 3: A company's constitution
28. Chapter 1: Introductory
29. 17A company's constitution
30. Chapter 2: Articles of association
31. General
32. 18Articles of association
33. 19Power of Secretary of State to prescribe model articles
34. 20Default application of model articles
35. Alteration of articles
36. 21Amendment of articles
37. 22Entrenched provisions of the articles
38. 23Notice to registrar of existence of restriction on amendment of articles
39. 24Statement of compliance where amendment of articles restricted
40. 25Effect of alteration of articles on company's members
41. 26Registrar to be sent copy of amended articles
42. 27Registrar's notice to comply in case of failure with respect to amended articles
43. Supplementary
44. 28Existing companies: provisions of memorandum treated as provisions of articles
45. Chapter 3: Resolutions and agreements affecting a company's constitution
46. 29Resolutions and agreements affecting a company's constitution
47. 30Copies of resolutions or agreements to be forwarded to registrar
48. Chapter 4: Miscellaneous and supplementary provisions
49. Statement of company's objects
50. 31Statement of company's objects
51. Other provisions with respect to a company's constitution
52. 32Constitutional documents to be provided to members
53. 33Effect of company's constitution
54. 34Notice to registrar where company's constitution altered by enactment
55. 35Notice to registrar where company's constitution altered by order
56. 36Documents to be incorporated in or accompany copies of articles issued by company
57. Supplementary provisions
58. 37Right to participate in profits otherwise than as member void
59. 38Application to single member companies of enactments and rules of law
60. Part 4: A company's capacity and related matters
61. Capacity of company and power of directors to bind it
62. 39A company's capacity
63. 40Power of directors to bind the company
64. 41Constitutional limitations: transactions involving directors or their associates
65. 42Constitutional limitations: companies that are charities
66. Formalities of doing business under the law of England and Wales or Northern Ireland
67. 43Company contracts
68. 44Execution of documents
69. 45Common seal
70. 46Execution of deeds
71. 47Execution of deeds or other documents by attorney
72. Formalities of doing business under the law of Scotland
73. 48Execution of documents by companies
74. Other matters
75. 49Official seal for use abroad
76. 50Official seal for share certificates etc
77. 51Pre-incorporation contracts, deeds and obligations
78. 52Bills of exchange and promissory notes
79. Part 5: A company's name
80. Chapter 1: General requirements
81. Prohibited names
82. 53Prohibited names
83. 53ANames for criminal purposes
84. Sensitive words and expressions
85. 54Names suggesting connection with government or public authority
86. 55Other sensitive words or expressions
87. 56Duty to seek comments of government department or other specified body
88. 56ANames suggesting connection with foreign governments etc
89. Permitted characters etc
90. 57Permitted characters etc
91. Computer code
92. 57ANames containing computer code
93. Prohibitions where a company has been required to change a name
94. 57BProhibition on re-registering name following direction
95. 57CName that another company has been directed to change
96. Chapter 2: Indications of company type or legal form
97. Required indications for limited companies
98. 58Public limited companies
99. 59Private limited companies
100. 60Exemption from requirement as to use of “limited”
101. 61Continuation of existing exemption: companies limited by shares
102. 62Continuation of existing exemption: companies limited by guarantee
103. 63Exempt company: restriction on amendment of articles
104. 64Power to direct change of name in case of company ceasing to be entitled to exemption
105. Inappropriate use of indications of company type or legal form
106. 65Inappropriate use of indications of company type or legal form
107. Chapter 3: Similarity to other names
108. Similarity to other name on registrar's index
109. 66Name not to be the same as another in the index
110. 67Power to direct change of name in case of similarity to existing name
111. 68Direction to change name: supplementary provisions
112. Similarity to other name in which person has goodwill
113. 69Objection to company's registered name
114. 70Company names adjudicators
115. 71Procedural rules
116. 72Decision of adjudicator to be made available to public
117. 73Order requiring name to be changed
118. 74Appeal from adjudicator's decision
119. Chapter 4: Other powers of the Secretary of State and the registrar
120. Provision of misleading information
121. 75Provision of misleading information etc
122. Misleading indication of activities and names used for criminal purposes
123. 76Misleading indication of activities
124. 76APower to direct change of name used for criminal purposes
125. Direction to change name wrongly registered
126. 76BDirection to change name wrongly registered
127. Registrar’s powers to change names
128. 76CRegistrar’s power to change name containing computer code
129. 76DRegistrar’s power to change name for failure to comply with direction
130. Chapter 4A: Exceptions
131. 76EExceptions based on national security etc
132. Chapter 5: Change of name
133. 77Change of name
134. 78Change of name by special resolution
135. 79Change of name by means provided for in company's articles
136. 80Change of name: registration and issue of new certificate of incorporation
137. 81Change of name: effect
138. Chapter 6: Trading disclosures
139. 82Requirement to disclose company name etc
140. 83Civil consequences of failure to make required disclosure
141. 84Criminal consequences of failure to make required disclosures
142. 85Minor variations in form of name to be left out of account
143. Part 6: A company's registered office and email address
144. General
145. 86Duty to ensure registered office at appropriate address
146. 87Change of address of registered office
147. Welsh companies
148. 88Welsh companies
149. Registered email address
150. 88ADuty to maintain a registered email address
151. 88BChange of registered email address
152. Part 7: Re-registration as a means of altering a company's status
153. Introductory
154. 89Alteration of status by re-registration
155. Private company becoming public
156. 90Re-registration of private company as public
157. 91Requirements as to share capital
158. 92Requirements as to net assets
159. 93Recent allotment of shares for non-cash consideration
160. 94Application and accompanying documents
161. 95Statement of proposed secretary
162. 96Issue of certificate of incorporation on re-registration
163. Public company becoming private
164. 97Re-registration of public company as private limited company
165. 98Application to court to cancel resolution
166. 99Notice to registrar of court application or order
167. 100Application and accompanying documents
168. 101Issue of certificate of incorporation on re-registration
169. Private limited company becoming unlimited
170. 102Re-registration of private limited company as unlimited
171. 103Application and accompanying documents
172. 104Issue of certificate of incorporation on re-registration
173. Unlimited private company becoming limited
174. 105Re-registration of unlimited company as limited
175. 106Application and accompanying documents
176. 107Issue of certificate of incorporation on re-registration
177. 108Statement of capital required where company already has share capital
178. Public company becoming private and unlimited
179. 109Re-registration of public company as private and unlimited
180. 110Application and accompanying documents
181. 111Issue of certificate of incorporation on re-registration
182. Part 8: A company's members
183. Chapter 1: The members of a company
184. 112The members of a company
185. Chapter 2: Register of members
186. General Duty to keep register
187. 112AAlternative method of record-keeping Repealed
188. 113Register of members
189. 113ARequired information about members: individuals
190. 113BRequired information about members: corporate members and firms
191. 113CPower to amend the required information
192. 113DDuty on new members to notify required information
193. 113EDuty on member to notify changes to required information
194. 113FPower for company to require information from members
195. 113GFailure to comply with section 113D, 113E or 113F
196. 113HBasic false statement offences in connection with sections 113D to 113F
197. 113IAggravated false statement offences in connection with sections 113D to 113F
198. Duty to keep index of members
199. 113JIndex of members
200. Inspection etc of register and index of members
201. 114Register to be kept available for inspection
202. 115Index of members
203. 116Rights to inspect and require copies
204. 117Register of members: response to request for inspection or copy
205. 118Register of members: refusal of inspection or default in providing copy
206. 119Register of members: offences in connection with request for or disclosure of information
207. 120Information as to state of register and index
208. 120APower to make regulations protecting material
209. 120BOffence of failing to comply with regulations under section 120A
210. Removal of entries from register of members
211. 121Removal of entries relating to former members
212. Special cases
213. 122Share warrants
214. 123Single member companies
215. 124Company holding its own shares as treasury shares
216. Supplementary
217. 125Power of court to rectify register
218. 126Trusts not to be entered on register
219. 127Register to be evidence
220. 128Time limit for claims arising from entry in register
221. 128ZATransitional provision where information kept on central register
222. Chapter 2A: Option to keep information on central register Repealed
223. 128AIntroduction Repealed
224. 128BRight to make an election Repealed
225. 128CEffective date of election Repealed
226. 128DEffect of election on obligations under Chapter 2 Repealed
227. 128EDuty to notify registrar of changes Repealed
228. 128FInformation as to state of central register Repealed
229. 128GPower of court to order company to remedy default or delay Repealed
230. 128HCentral register to be evidence Repealed
231. 128ITime limits for claims arising from delivery to registrar Repealed
232. 128JWithdrawing the election Repealed
233. 128KPower to extend option to public companies Repealed
234. Chapter 3: Overseas branch registers
235. 129Overseas branch registers
236. 130Notice of opening of overseas branch register
237. 131Keeping of overseas branch register
238. 132Register or duplicate to be kept available for inspection in UK
239. 133Transactions in shares registered in overseas branch register
240. 134Jurisdiction of local courts
241. 135Discontinuance of overseas branch register
242. Chapter 4: Prohibition on subsidiary being member of its holding company
243. General prohibition
244. 136Prohibition on subsidiary being a member of its holding company
245. 137Shares acquired before prohibition became applicable
246. Subsidiary acting as personal representative or trustee
247. 138Subsidiary acting as personal representative or trustee
248. 139Interests to be disregarded: residual interest under pension scheme or employees' share scheme
249. 140Interests to be disregarded: employer's rights of recovery under pension scheme or employees' share scheme
250. Subsidiary acting as dealer in securities
251. 141Subsidiary acting as authorised dealer in securities
252. 142Protection of third parties in other cases where subsidiary acting as dealer in securities
253. Supplementary
254. 143Application of provisions to companies not limited by shares
255. 144Application of provisions to nominees
256. Part 9: Exercise of members' rights
257. Effect of provisions in company's articles
258. 145Effect of provisions of articles as to enjoyment or exercise of members' rights
259. Information rights
260. 146Traded companies: nomination of persons to enjoy information rights
261. 147Information rights: form in which copies to be provided
262. 148Termination or suspension of nomination
263. 149Information as to possible rights in relation to voting
264. 150Information rights: status of rights
265. 151Information rights: power to amend
266. Exercise of rights where shares held on behalf of others
267. 152Exercise of rights where shares held on behalf of others: exercise in different ways
268. 153Exercise of rights where shares held on behalf of others: members' requests
269. Part 10: A company's directors
270. Chapter 1: Appointment and removal of directors
271. Requirement to have directors
272. 154Companies required to have directors
273. 155Companies required to have at least one director who is a natural person
274. 156Direction requiring company to make appointment
275. Appointment
276. 156AEach director to be a natural person
277. 156BPower to provide for exceptions from requirement that each director be a natural person
278. 156CExisting director who is not a natural person
279. 157Minimum age for appointment as director
280. 158Power to provide for exceptions from minimum age requirement
281. 159.Existing under-age directors Repealed
282. 159ADisqualified person not to be appointed as director
283. 160Appointment of directors of public company to be voted on individually
284. 161Validity of acts of directors
285. ...
286. 161AAlternative method of record-keeping Repealed
287. 162Register of directors Repealed
288. 163Particulars of directors to be registered: individuals Repealed
289. 164Particulars of directors to be registered: corporate directors and firms Repealed
290. 165Register of directors' residential addresses Repealed
291. 166Particulars of directors to be registered: power to make regulations Repealed
292. 167Duty to notify registrar of changes Repealed
293. Option to keep information on the central register
294. 167ARight to make an election Repealed
295. 167BEffective date of election Repealed
296. 167CEffect of election on obligations under sections 162 to 167 Repealed
297. 167DDuty to notify registrar of changes Repealed
298. 167EWithdrawing the election Repealed
299. 167FPower to extend option to public companies Repealed
300. Notification of information about directors
301. 167GDuty to notify registrar of change in directors
302. 167HDuty to notify registrar of changes of information
303. 167INotification of changes occurring before company’s incorporation
304. 167JRequired information about a director: individuals
305. 167KRequired information about a director: corporate directors and firms
306. 167LDirectors: offence of failure to notify of changes
307. Directors: duties relating to ID verification and notification
308. 167MProhibition on director acting unless ID verified
309. 167NProhibition on acting unless directorship notified
310. Removal
311. 168Resolution to remove director
312. 169Director's right to protest against removal
313. 169ARemoval from office of disqualified directors
314. Chapter 2: General duties of directors
315. Introductory
316. 170Scope and nature of general duties
317. The general duties
318. 171Duty to act within powers
319. 172Duty to promote the success of the company
320. 173Duty to exercise independent judgment
321. 174Duty to exercise reasonable care, skill and diligence
322. 175Duty to avoid conflicts of interest
323. 176Duty not to accept benefits from third parties
324. 177Duty to declare interest in proposed transaction or arrangement
325. Supplementary provisions
326. 178Civil consequences of breach of general duties
327. 179Cases within more than one of the general duties
328. 180Consent, approval or authorisation by members
329. 181Modification of provisions in relation to charitable companies
330. Chapter 3: Declaration of interest in existing transaction or arrangement
331. 182Declaration of interest in existing transaction or arrangement
332. 183Offence of failure to declare interest
333. 184Declaration made by notice in writing
334. 185General notice treated as sufficient declaration
335. 186Declaration of interest in case of company with sole director
336. 187Declaration of interest in existing transaction by shadow director
337. Chapter 4: Transactions with directors requiring approval of members
338. Service contracts
339. 188Directors' long-term service contracts: requirement of members' approval
340. 189Directors' long-term service contracts: civil consequences of contravention
341. Substantial property transactions
342. 190Substantial property transactions: requirement of members' approval
343. 191Meaning of “substantial”
344. 192Exception for transactions with members or other group companies
345. 193Exception in case of company in winding up or administration
346. 194Exception for transactions on recognised investment exchange
347. 195Property transactions: civil consequences of contravention
348. 196Property transactions: effect of subsequent affirmation
349. Loans, quasi-loans and credit transactions
350. 197Loans to directors: requirement of members' approval
351. 198Quasi-loans to directors: requirement of members' approval
352. 199Meaning of “quasi-loan” and related expressions
353. 200Loans or quasi-loans to persons connected with directors: requirement of members' approval
354. 201Credit transactions: requirement of members' approval
355. 202Meaning of “credit transaction”
356. 203Related arrangements: requirement of members' approval
357. 204Exception for expenditure on company business
358. 205Exception for expenditure on defending proceedings etc
359. 206Exception for expenditure in connection with regulatory action or investigation
360. 207Exceptions for minor and business transactions
361. 208Exceptions for intra-group transactions
362. 209Exceptions for money-lending companies
363. 210Other relevant transactions or arrangements
364. 211The value of transactions and arrangements
365. 212The person for whom a transaction or arrangement is entered into
366. 213Loans etc: civil consequences of contravention
367. 214Loans etc: effect of subsequent affirmation
368. Payments for loss of office
369. 215Payments for loss of office
370. 216Amounts taken to be payments for loss of office
371. 217Payment by company: requirement of members' approval
372. 218Payment in connection with transfer of undertaking etc: requirement of members' approval
373. 219Payment in connection with share transfer: requirement of members' approval
374. 220Exception for payments in discharge of legal obligations etc
375. 221Exception for small payments
376. 222Payments made without approval: civil consequences
377. Supplementary
378. 223Transactions requiring members' approval: application of provisions to shadow directors
379. 224Approval by written resolution: accidental failure to send memorandum
380. 225Cases where approval is required under more than one provision
381. 226Requirement of consent of Charity Commission: companies that are charities Repealed
382. Chapter 4A: Directors of quoted companies ...: special provision
383. Interpretation
384. 226AKey definitions
385. Restrictions relating to remuneration or loss of office payments
386. 226BRemuneration payments
387. 226CLoss of office payments
388. 226DSections 226B and 226C: supplementary
389. Supplementary
390. 226EPayments made without approval: civil consequences
391. 226FRelationship with requirements under Chapter 4
392. Chapter 5: Directors' service contracts
393. 227Directors' service contracts
394. 228Copy of contract or memorandum of terms to be available for inspection
395. 229Right of member to inspect and request copy
396. 230Directors' service contracts: application of provisions to shadow directors
397. Chapter 6: Contracts with sole members who are directors
398. 231Contract with sole member who is also a director
399. Chapter 7: Directors' liabilities
400. Provision protecting directors from liability
401. 232Provisions protecting directors from liability
402. 233Provision of insurance
403. 234Qualifying third party indemnity provision
404. 235Qualifying pension scheme indemnity provision
405. 236Qualifying indemnity provision to be disclosed in directors' report
406. 237Copy of qualifying indemnity provision to be available for inspection
407. 238Right of member to inspect and request copy
408. Ratification of acts giving rise to liability
409. 239Ratification of acts of directors
410. Chapter 8: Directors' residential addresses: protection from disclosure
411. 240Protected information
412. 241Protected information: restriction on use or disclosure by company
413. 242Protected information: restriction on ... disclosure by registrar
414. 243Permitted ... disclosure by the registrar
415. 244Disclosure under court order
416. 245Circumstances in which registrar may put address on the public record
417. 246Putting the address on the public record
418. Chapter 9: Supplementary provisions
419. Provision for employees on cessation or transfer of business
420. 247Power to make provision for employees on cessation or transfer of business
421. Records of meetings of directors
422. 248Minutes of directors' meetings
423. 249Minutes as evidence
424. Meaning of “director” and “shadow director”
425. 250“Director”
426. 251“Shadow director”
427. Other definitions
428. 252Persons connected with a director
429. 253Members of a director's family
430. 254Director “connected with” a body corporate
431. 255Director “controlling” a body corporate
432. 256Associated bodies corporate
433. 257References to company's constitution
434. General
435. 258Power to increase financial limits
436. 259Transactions under foreign law
437. Part 11: Derivative claims and proceedings by members
438. Chapter 1: Derivative claims in England and Wales or Northern Ireland
439. 260Derivative claims
440. 261Application for permission to continue derivative claim
441. 262Application for permission to continue claim as a derivative claim
442. 263Whether permission to be given
443. 264Application for permission to continue derivative claim brought by another member
444. Chapter 2: Derivative proceedings in Scotland
445. 265Derivative proceedings
446. 266Requirement for leave and notice
447. 267Application to continue proceedings as derivative proceedings
448. 268Granting of leave
449. 269Application by member to be substituted for member pursuing derivative proceedings
450. Part 12: Company secretaries
451. Private companies
452. 270Private company not required to have secretary
453. Public companies
454. 271Public company required to have secretary
455. 272Direction requiring public company to appoint secretary
456. 273Qualifications of secretaries of public companies
457. Provisions applying to private companies with a secretary and to public companies
458. 274Discharge of functions where office vacant or secretary unable to act
459. 274AAlternative method of record-keeping Repealed
460. 275Duty to keep register of secretaries Repealed
461. 276Duty to notify registrar of changes Repealed
462. 277Particulars of secretaries to be registered: individuals Repealed
463. 278Particulars of secretaries to be registered: corporate secretaries and firms Repealed
464. 279Particulars of secretaries to be registered: power to make regulations Repealed
465. ...
466. 279ARight to make an election Repealed
467. 279BEffective date of election Repealed
468. 279CEffect of election on obligations under sections 275 and 276 Repealed
469. 279DDuty to notify registrar of changes Repealed
470. 279EWithdrawing the election Repealed
471. 279FPower to extend option to public companies Repealed
472. Notification of information about secretaries
473. 279GDuty to notify registrar of change in secretary or joint secretary
474. 279HDuty to notify registrar of changes of information
475. 279INotification of changes occurring before company’s incorporation
476. 279JRequired information about a secretary etc: individuals
477. 279KRequired information about a secretary etc: corporate secretaries and firms
478. 279LFirms all of whose partners are joint secretaries
479. 279MSecretary or joint secretary: offence of failure to notify of changes
480. Person acting in dual capacity
481. 280Acts done by person in dual capacity
482. Part 13: Resolutions and meetings
483. Chapter 1: General provisions about resolutions
484. 281Resolutions
485. 282Ordinary resolutions
486. 283Special resolutions
487. 284Votes: general rules
488. 285Voting by proxy
489. 285AVoting rights on poll or written resolution
490. 286Votes of joint holders of shares
491. 287Saving for provisions of articles as to determination of entitlement to vote
492. Chapter 2: Written resolutions
493. General provisions about written resolutions
494. 288Written resolutions of private companies
495. 289Eligible members
496. Circulation of written resolutions
497. 290Circulation date
498. 291Circulation of written resolutions proposed by directors
499. 292Members' power to require circulation of written resolution
500. 293Circulation of written resolution proposed by members
501. 294Expenses of circulation
502. 295Application not to circulate members' statement
503. Agreeing to written resolutions
504. 296Procedure for signifying agreement to written resolution
505. 297Period for agreeing to written resolution
506. Supplementary
507. 298Sending documents relating to written resolutions by electronic means
508. 299Publication of written resolution on website
509. 300Relationship between this Chapter and provisions of company's articles
510. Chapter 3: Resolutions at meetings
511. General provisions about resolutions at meetings
512. 301Resolutions at general meetings
513. Calling meetings
514. 302Directors' power to call general meetings
515. 303Members' power to require directors to call general meeting
516. 304Directors' duty to call meetings required by members
517. 305Power of members to call meeting at company's expense
518. 306Power of court to order meeting
519. Notice of meetings
520. 307Notice required of general meeting
521. 307ANotice required of general meeting: certain meetings of traded companies
522. 308Manner in which notice to be given
523. 309Publication of notice of meeting on website
524. 310Persons entitled to receive notice of meetings
525. 311Contents of notices of meetings
526. 311ATraded companies: publication of information in advance of general meeting
527. 312Resolution requiring special notice
528. 313Accidental failure to give notice of resolution or meeting
529. Members' statements
530. 314Members' power to require circulation of statements
531. 315Company's duty to circulate members' statement
532. 316Expenses of circulating members' statement
533. 317Application not to circulate members' statement
534. Procedure at meetings
535. 318Quorum at meetings
536. 319Chairman of meeting
537. 319ATraded companies: questions at meetings
538. 320Declaration by chairman on a show of hands
539. 321Right to demand a poll
540. 322Voting on a poll
541. 322AVoting on a poll: votes cast in advance
542. 323Representation of corporations at meetings
543. Proxies
544. 324Rights to appoint proxies
545. 324AObligation of proxy to vote in accordance with instructions
546. 325Notice of meeting to contain statement of rights
547. 326Company-sponsored invitations to appoint proxies
548. 327Notice required of appointment of proxy etc
549. 328Chairing meetings
550. 329Right of proxy to demand a poll
551. 330Notice required of termination of proxy's authority
552. 331Saving for more extensive rights conferred by articles
553. Adjourned meetings
554. 332Resolution passed at adjourned meeting
555. Electronic communications
556. 333Sending documents relating to meetings etc in electronic form
557. 333ATraded company: duty to provide electronic address for receipt of proxies etc
558. Application to class meetings
559. 334Application to class meetings
560. 335Application to class meetings: companies without a share capital
561. Chapter 4: Public companies and traded companies: additional requirements for AGMs
562. 336Public companies and traded companies: annual general meeting
563. 337Public companies and traded companies: notice of AGM
564. 338Public companies: members' power to require circulation of resolutions for AGMs
565. 338ATraded companies: members' power to include other matters in business dealt with at AGM
566. 339Public companies: company's duty to circulate members' resolutions for AGMs
567. 340Public companies: expenses of circulating members' resolutions for AGM
568. 340ATraded companies: duty to circulate members' matters for AGM
569. 340BTraded companies: expenses of circulating members' matters to be dealt with at AGM
570. Chapter 5: Additional requirements for quoted companies AND TRADED COMPANIES
571. Website publication of poll results
572. 341Results of poll to be made available on website
573. Independent report on poll
574. 342Members' power to require independent report on poll
575. 343Appointment of independent assessor
576. 344Independence requirement
577. 345Meaning of “associate”
578. 346Effect of appointment of a partnership
579. 347The independent assessor's report
580. 348Rights of independent assessor: right to attend meeting etc
581. 349Rights of independent assessor: right to information
582. 350Offences relating to provision of information
583. 351Information to be made available on website
584. Supplementary
585. 352Application of provisions to class meetings
586. 353Requirements as to website availability
587. 354Power to limit or extend the types of company to which provisions of this Chapter apply
588. Chapter 6: Records of resolutions and meetings
589. 355Records of resolutions and meetings etc
590. 356Records as evidence of resolutions etc
591. 357Records of decisions by sole member
592. 358Inspection of records of resolutions and meetings
593. 359Records of resolutions and meetings of class of members
594. Chapter 7: Supplementary provisions
595. 360Computation of periods of notice etc: clear day rule
596. 360AElectronic meetings and voting
597. 360AATraded companies: confirmation of receipt of electronic voting
598. 360BTraded companies: requirements for participating in and voting at general meetings
599. 360BATraded companies: right to confirmation of vote after a general meeting
600. 360CMeaning of “traded company”
601. 361Meaning of “quoted company”
602. Part 14: Control of political donations and expenditure
603. Introductory
604. 362Introductory
605. Donations and expenditure to which this Part applies
606. 363Political parties, organisations etc to which this Part applies
607. 364Meaning of “political donation”
608. 365Meaning of “political expenditure”
609. Authorisation required for donations or expenditure
610. 366Authorisation required for donations or expenditure
611. 367Form of authorising resolution
612. 368Period for which resolution has effect
613. Remedies in case of unauthorised donations or expenditure
614. 369Liability of directors in case of unauthorised donation or expenditure
615. 370Enforcement of directors' liabilities by shareholder action
616. 371Enforcement of directors' liabilities by shareholder action: supplementary
617. 372Costs of shareholder action
618. 373Information for purposes of shareholder action
619. Exemptions
620. 374Trade unions
621. 375Subscription for membership of trade association
622. 376All-party parliamentary groups
623. 377Political expenditure exempted by order
624. 378Donations not amounting to more than £5,000 in any twelve month period
625. Supplementary provisions
626. 379Minor definitions
627. Part 15: Accounts and reports
628. Chapter 1: Introduction
629. General
630. 380Scheme of this Part
631. Companies subject to the small companies regime
632. 381Companies subject to the small companies regime
633. 382Companies qualifying as small: general
634. 383Companies qualifying as small: parent companies
635. 384Companies excluded from the small companies regime
636. 384ACompanies qualifying as micro-entities
637. 384BCompanies excluded from being treated as micro-entities
638. Quoted and unquoted companies
639. 385Quoted and unquoted companies
640. Chapter 2: Accounting records
641. 386Duty to keep accounting records
642. 387Duty to keep accounting records: offence
643. 388Where and for how long records to be kept
644. 389Where and for how long records to be kept: offences
645. Chapter 3: A company's financial year
646. 390A company's financial year
647. 391Accounting reference periods and accounting reference date
648. 392Alteration of accounting reference date
649. Chapter 4: Annual accounts
650. General
651. 393Accounts to give true and fair view
652. Individual accounts
653. 394Duty to prepare individual accounts
654. 394AIndividual accounts: exemption for dormant subsidiaries
655. 394BCompanies excluded from the dormant subsidiaries exemption
656. 394CDormant subsidiaries exemption: parent undertaking declaration of guarantee
657. 395Individual accounts: applicable accounting framework
658. 396Companies Act individual accounts
659. 397IAS individual accounts
660. ...
661. 398Option to prepare group accounts Repealed
662. Group accounts ...
663. 399Duty to prepare group accounts
664. 400Exemption for company included in UK group accounts of larger group
665. 401Exemption for company included in non-UK group accounts of larger group
666. 402Exemption if no subsidiary undertakings need be included in the consolidation
667. Group accounts: general
668. 403Group accounts: applicable accounting framework
669. 404Companies Act group accounts
670. 405Companies Act group accounts: subsidiary undertakings included in the consolidation
671. 406IAS group accounts
672. 407Consistency of financial reporting within group
673. 408Individual profit and loss account where group accounts prepared
674. Information to be given in notes to the accounts
675. 409Information about related undertakings
676. 410Information about related undertakings: alternative compliance Repealed
677. 410AInformation about off-balance sheet arrangements
678. 411Information about employee numbers and costs
679. 412Information about directors' benefits: remuneration
680. 413Information about directors' benefits: advances, credit and guarantees
681. Approval and signing of accounts
682. 414Approval and signing of accounts
683. Chapter 4A: STRATEGIC REPORT
684. 414ADuty to prepare strategic report
685. 414BStrategic report: small companies exemption
686. 414CContents of strategic report
687. 414CZASection 172(1) statement
688. 414CANon-financial and sustainability information statement
689. 414CBContents of non-financial and sustainability information statement
690. 414DApproval and signing of strategic report
691. Chapter 5: Directors' report
692. Directors' report
693. 415Duty to prepare directors' report
694. 415ADirectors' report: small companies exemption
695. 416Contents of directors' report: general
696. 417Contents of directors' report: business review Repealed
697. 418Contents of directors' report: statement as to disclosure to auditors
698. 419Approval and signing of directors' report
699. 419AApproval and signing of separate corporate governance statement
700. Chapter 6: Quoted companies ...: directors' remuneration report
701. 420Duty to prepare directors' remuneration report
702. 421Contents of directors' remuneration report
703. 422Approval and signing of directors' remuneration report
704. 422ARevisions to directors' remuneration policy
705. Chapter 7: Publication of accounts and reports
706. Duty to circulate copies of accounts and reports
707. 423Duty to circulate copies of annual accounts and reports
708. 424Time allowed for sending out copies of accounts and reports
709. 425Default in sending out copies of accounts and reports: offences
710. Option to provide strategic report with supplementary material
711. 426Option to provide strategic report with supplementary material
712. 426ASupplementary material
713. Section 172(1) statement: requirements as to website publication
714. 426BSection 172(1) statement to be made available on website
715. 427Form and contents of summary financial statement: unquoted companies Repealed
716. 428Form and contents of summary financial statement: quoted companies Repealed
717. 429Summary financial statements: offences Repealed
718. Quoted companies ...: requirements as to website publication
719. 430Quoted companies ...: annual accounts and reports to be made available on website
720. Right of member or debenture holder to demand copies of accounts and reports
721. 431Right of member or debenture holder to copies of accounts and reports: unquoted companies
722. 432Right of member or debenture holder to copies of accounts and reports: quoted companies
723. Requirements in connection with publication of accounts and reports
724. 433Name of signatory to be stated in published copies of accounts and reports
725. 434Requirements in connection with publication of statutory accounts
726. 435Requirements in connection with publication of non-statutory accounts
727. 436Meaning of “publication” in relation to accounts and reports
728. Chapter 8: Public companies: laying of accounts and reports before general meeting
729. 437Public companies: laying of accounts and reports before general meeting
730. 438Public companies: offence of failure to lay accounts and reports
731. Chapter 9: Quoted companies ...: members' approval of directors' remuneration report
732. 439Quoted companies ...: members' approval of directors' remuneration report
733. 439AQuoted companies ...: members' approval of directors' remuneration policy
734. 440Quoted companies ...: offences in connection with procedure for approval
735. Chapter 10: Filing of accounts and reports
736. Duty to file accounts and reports
737. 441Duty to file accounts and reports with the registrar
738. 442Period allowed for filing accounts
739. 443Calculation of period allowed
740. Filing obligations of different descriptions of company
741. 443AFiling obligations of micro-entities
742. 444Filing obligations of companies subject to small companies regime Filing obligations of small companies other than micro-entities
743. 444AFiling obligations of companies entitled to small companies exemption in relation to directors' report
744. 445Filing obligations of medium-sized companies
745. 446Filing obligations of unquoted companies
746. 447Filing obligations of quoted companies
747. 448Unlimited companies exempt from obligation to file accounts
748. 448ADormant subsidiaries exempt from obligation to file accounts
749. 448BCompanies excluded from the dormant subsidiaries exemption
750. 448CDormant subsidiaries filing exemption: parent undertaking declaration of guarantee
751. Requirements where abbreviated accounts delivered
752. 449Special auditor's report where abbreviated accounts delivered Repealed
753. 450Approval and signing of abbreviated accounts Repealed
754. Failure to file accounts and reports
755. 451Default in filing accounts and reports: offences
756. 452Default in filing accounts and reports: court order
757. 453Civil penalty for failure to file accounts and reports
758. Chapter 11: Revision of defective accounts and reports
759. Voluntary revision
760. 454Voluntary revision of accounts etc
761. Secretary of State's notice
762. 455Secretary of State's notice in respect of accounts or reports
763. Application to court
764. 456Application to court in respect of defective accounts or reports
765. 457Other persons authorised to apply to the court
766. 458Disclosure of information by tax authorities
767. Power of authorised person to require documents etc
768. 459Power of authorised person to require documents, information and explanations
769. 460Restrictions on disclosure of information obtained under compulsory powers
770. 461Permitted disclosure of information obtained under compulsory powers
771. 462Power to amend categories of permitted disclosure
772. Chapter 12: Supplementary provisions
773. Liability for false or misleading statements in reports and statements
774. 463Liability for false or misleading statements in reports and statements
775. Accounting and reporting standards
776. 464Accounting standards
777. Companies qualifying as medium-sized
778. 465Companies qualifying as medium-sized: general
779. 466Companies qualifying as medium-sized: parent companies
780. 467Companies excluded from being treated as medium-sized
781. General power to make further provision about accounts and reports
782. 468General power to make further provision about accounts and reports
783. 468AUse or disclosure of profit and loss accounts for certain companies
784. Other supplementary provisions
785. 469Preparation and filing of accounts in euros
786. 470Power to apply provisions to banking partnerships
787. 471Meaning of “annual accounts” and related expressions
788. 472Notes to the accounts
789. 472AMeaning of “corporate governance statement” etc
790. 473Parliamentary procedure for certain regulations under this Part
791. 474Minor definitions
792. Part 16: Audit
793. Chapter 1: Requirement for audited accounts
794. Requirement for audited accounts
795. 475Requirement for audited accounts
796. 476Right of members to require audit
797. Exemption from audit: small companies
798. 477Small companies: conditions for exemption from audit
799. 478Companies excluded from small companies exemption
800. 479Availability of small companies exemption in case of group company
801. Exemption from audit: qualifying subsidiaries
802. 479ASubsidiary companies: conditions for exemption from audit
803. 479BCompanies excluded from the subsidiary companies audit exemption
804. 479CSubsidiary companies audit exemption: parent undertaking declaration of guarantee
805. Exemption from audit: dormant companies
806. 480Dormant companies: conditions for exemption from audit
807. 481Companies excluded from dormant companies exemption
808. Companies subject to public sector audit
809. 482Non-profit-making companies subject to public sector audit
810. 483Scottish public sector companies: audit by Auditor General for Scotland
811. General power of amendment by regulations
812. 484General power of amendment by regulations
813. Chapter 2: Appointment of auditors
814. Private companies
815. 485Appointment of auditors of private company: general
816. 485AAppointment of auditors of private company: additional requirements for public interest entities with audit committees
817. 485BAppointment of auditors of private company: additional requirements for public interest entities without audit committees
818. 485CRestriction on appointment of auditor of private company which is a public interest entity
819. 486Appointment of auditors of private company: default power of Secretary of State
820. 486ADefective appointments: default power of Secretary of State
821. 487Term of office of auditors of private company
822. 487AMaximum engagement period: transitional arrangements Repealed
823. 488Prevention by members of deemed re-appointment of auditor
824. Public companies
825. 489Appointment of auditors of public company: general
826. 489AAppointment of auditors of public company: additional requirements for public interest entities with audit committees
827. 489BAppointment of auditors of public company: additional requirements for public interest entities without audit committees
828. 489CRestriction on appointment of auditor of public company which is a public interest entity
829. 490Appointment of auditors of public company: default power of Secretary of State
830. 490ADefective appointments: default power of Secretary of State
831. 491Term of office of auditors of public company
832. 491AMaximum engagement period: transitional arrangements Repealed
833. General provisions
834. 492Fixing of auditor's remuneration
835. 493Disclosure of terms of audit appointment
836. 494Disclosure of services provided by auditor or associates and related remuneration
837. 494ZAThe maximum engagement period
838. 494AInterpretation
839. Chapter 3: Functions of auditor
840. Auditor's report
841. 495Auditor's report on company's annual accounts
842. 496Auditor's report on strategic report and on directors' report
843. 497Auditor's report on auditable part of directors' remuneration report
844. 497AAuditor's report on separate corporate governance statement
845. Duties and rights of auditors
846. 498Duties of auditor
847. 498AAuditor's duties in relation to separate corporate governance statement
848. 499Auditor's general right to information
849. 500Auditor's right to information from overseas subsidiaries
850. 501Auditor's rights to information: offences
851. 502Auditor's rights in relation to resolutions and meetings
852. Signature of auditor's report
853. 503Signature of auditor's report
854. 504Senior statutory auditor
855. 505Names to be stated in published copies of auditor's report
856. 506Circumstances in which names may be omitted
857. Offences in connection with auditor's report
858. 507Offences in connection with auditor's report
859. 508Guidance for regulatory and prosecuting authorities: England, Wales and Northern Ireland
860. 509Guidance for regulatory authorities: Scotland
861. Chapter 4: Removal, resignation, etc of auditors
862. Removal of auditor
863. 510Resolution removing auditor from office
864. 511Special notice required for resolution removing auditor from office
865. 511APublic interest companies: application to court to remove auditor from office
866. 512Notice to registrar of resolution removing auditor from office Repealed
867. 513Rights of auditor who has been removed from office
868. Failure to re-appoint auditor
869. 514Failure to re-appoint auditor: special procedure required for written resolution
870. 515Failure to re-appoint auditor: special notice required for resolution at general meeting
871. Resignation of auditor
872. 516Resignation of auditor
873. 517Notice to registrar of resignation of auditor Repealed
874. 518Rights of resigning auditor
875. Statement by auditor on ceasing to hold office
876. 519Statement by auditor to be sent to company
877. 519AMeaning of “public interest company”, “non-public interest company” and “exempt reasons”
878. 520Company's duties in relation to statement
879. 521Copy of statement to be sent to registrar
880. 522Duty of auditor to send statement to appropriate audit authority
881. 523Duty of company to notify appropriate audit authority
882. 524Provision of information to accounting authorities
883. 525Meaning of “appropriate audit authority” ...
884. Supplementary
885. 526Effect of casual vacancies
886. Chapter 5: Quoted companies: right of members to raise audit concerns at accounts meeting
887. 527Members' power to require website publication of audit concerns
888. 528Requirements as to website availability
889. 529Website publication: company's supplementary duties
890. 530Website publication: offences
891. 531Meaning of “quoted company”
892. Chapter 6: Auditors' liability
893. Voidness of provisions protecting auditors from liability
894. 532Voidness of provisions protecting auditors from liability
895. Indemnity for costs of defending proceedings
896. 533Indemnity for costs of successfully defending proceedings
897. Liability limitation agreements
898. 534Liability limitation agreements
899. 535Terms of liability limitation agreement
900. 536Authorisation of agreement by members of the company
901. 537Effect of liability limitation agreement
902. 538Disclosure of agreement by company
903. 538AMeaning of “corporate governance statement” etc
904. Chapter 7: Supplementary provisions
905. 539Minor definitions
906. Part 17: A company's share capital
907. Chapter 1: Shares and share capital of a company
908. Shares
909. 540Shares
910. 541Nature of shares
911. 542Nominal value of shares
912. 543Numbering of shares
913. 544Transferability of shares
914. 545Companies having a share capital
915. 546Issued and allotted share capital
916. Share capital
917. 547Called-up share capital
918. 548Equity share capital
919. Chapter 2: Allotment of shares: general provisions
920. Power of directors to allot shares
921. 549Exercise by directors of power to allot shares etc
922. 550Power of directors to allot shares etc: private company with only one class of shares
923. 551Power of directors to allot shares etc: authorisation by company
924. Prohibition of commissions, discounts and allowances
925. 552General prohibition of commissions, discounts and allowances
926. 553Permitted commission
927. Registration of allotment
928. 554Registration of allotment
929. Return of allotment
930. 555Return of allotment by limited company
931. 556Return of allotment by unlimited company allotting new class of shares
932. 557Offence of failure to make return
933. Supplementary provisions
934. 558When shares are allotted
935. 559Provisions about allotment not applicable to shares taken on formation
936. Chapter 3: Allotment of equity securities: existing shareholders' right of pre-emption
937. Introductory
938. 560Meaning of “equity securities” and related expressions
939. Existing shareholders' right of pre-emption
940. 561Existing shareholders' right of pre-emption
941. 562Communication of pre-emption offers to shareholders
942. 563Liability of company and officers in case of contravention
943. Exceptions to right of pre-emption
944. 564Exception to pre-emption right: bonus shares
945. 565Exception to pre-emption right: issue for non-cash consideration
946. 566Exceptions to pre-emption right: employees' share schemes
947. 566AException to pre-emption right: companies in financial difficulty
948. Exclusion of right of pre-emption
949. 567Exclusion of requirements by private companies
950. 568Exclusion of pre-emption right: articles conferring corresponding right
951. Disapplication of pre-emption rights
952. 569Disapplication of pre-emption rights: private company with only one class of shares
953. 570Disapplication of pre-emption rights: directors acting under general authorisation
954. 571Disapplication of pre-emption rights by special resolution
955. 572Liability for false statement in directors' statement
956. 573Disapplication of pre-emption rights: sale of treasury shares
957. Supplementary
958. 574References to holder of shares in relation to offer
959. 575Saving for other restrictions on offer or allotment
960. 576Saving for certain older pre-emption requirements
961. 577Provisions about pre-emption not applicable to shares taken on formation
962. Chapter 4: Public companies: allotment where issue not fully subscribed
963. 578Public companies: allotment where issue not fully subscribed
964. 579Public companies: effect of irregular allotment where issue not fully subscribed
965. Chapter 5: Payment for shares
966. General rules
967. 580Shares not to be allotted at a discount
968. 581Provision for different amounts to be paid on shares
969. 582General rule as to means of payment
970. 583Meaning of payment in cash
971. Additional rules for public companies
972. 584Public companies: shares taken by subscribers of memorandum
973. 585Public companies: must not accept undertaking to do work or perform services
974. 586Public companies: shares must be at least one-quarter paid up
975. 587Public companies: payment by long-term undertaking
976. Supplementary provisions
977. 588Liability of subsequent holders of shares
978. 589Power of court to grant relief
979. 590Penalty for contravention of this Chapter
980. 591Enforceability of undertakings to do work etc
981. 592The appropriate rate of interest
982. Chapter 6: Public companies: independent valuation of non-cash consideration
983. Non-cash consideration for shares
984. 593Public company: valuation of non-cash consideration for shares
985. 594Exception to valuation requirement: arrangement with another company
986. 595Exception to valuation requirement: merger or division
987. 596Non-cash consideration for shares: requirements as to valuation and report
988. 597Copy of report to be delivered to registrar
989. Transfer of non-cash asset in initial period
990. 598Public company: agreement for transfer of non-cash asset in initial period
991. 599Agreement for transfer of non-cash asset: requirement of independent valuation
992. 600Agreement for transfer of non-cash asset: requirements as to valuation and report
993. 601Agreement for transfer of non-cash asset: requirement of approval by members
994. 602Copy of resolution to be delivered to registrar
995. 603Adaptation of provisions in relation to company re-registering as public
996. 604Agreement for transfer of non-cash asset: effect of contravention
997. Supplementary provisions
998. 605Liability of subsequent holders of shares
999. 606Power of court to grant relief
1000. 607Penalty for contravention of this Chapter
1001. 608Enforceability of undertakings to do work etc
1002. 609The appropriate rate of interest
1003. Chapter 7: Share premiums
1004. The share premium account
1005. 610Application of share premiums
1006. Relief from requirements as to share premiums
1007. 611Group reconstruction relief
1008. 612Merger relief
1009. 613Merger relief: meaning of 90% equity holding
1010. 614Power to make further provision by regulations
1011. 615Relief may be reflected in company's balance sheet
1012. Supplementary provisions
1013. 616Interpretation of this Chapter
1014. Chapter 8: Alteration of share capital
1015. How share capital may be altered
1016. 617Alteration of share capital of limited company
1017. Subdivision or consolidation of shares
1018. 618Sub-division or consolidation of shares
1019. 619Notice to registrar of sub-division or consolidation
1020. Reconversion of stock into shares
1021. 620Reconversion of stock into shares
1022. 621Notice to registrar of reconversion of stock into shares
1023. Redenomination of share capital
1024. 622Redenomination of share capital
1025. 623Calculation of new nominal values
1026. 624Effect of redenomination
1027. 625Notice to registrar of redenomination
1028. 626Reduction of capital in connection with redenomination
1029. 627Notice to registrar of reduction of capital in connection with redenomination
1030. 628Redenomination reserve
1031. Chapter 9: Classes of share and class rights
1032. Introductory
1033. 629Classes of shares
1034. Variation of class rights
1035. 630Variation of class rights: companies having a share capital
1036. 631Variation of class rights: companies without a share capital
1037. 632Variation of class rights: saving for court's powers under other provisions
1038. 633Right to object to variation: companies having a share capital
1039. 634Right to object to variation: companies without a share capital
1040. 635Copy of court order to be forwarded to the registrar
1041. Matters to be notified to the registrar
1042. 636Notice of name or other designation of class of shares
1043. 637Notice of particulars of variation of rights attached to shares
1044. 638Notice of new class of members
1045. 639Notice of name or other designation of class of members
1046. 640Notice of particulars of variation of class rights
1047. Chapter 10: Reduction of share capital
1048. Introductory
1049. 641Circumstances in which a company may reduce its share capital
1050. Private companies: reduction of capital supported by solvency statement
1051. 642Reduction of capital supported by solvency statement
1052. 643Solvency statement
1053. 644Registration of resolution and supporting documents
1054. Reduction of capital confirmed by the court
1055. 645Application to court for order of confirmation
1056. 646Creditors entitled to object to reduction
1057. 647Offences in connection with list of creditors
1058. 648Court order confirming reduction
1059. 649Registration of order and statement of capital
1060. Public company reducing capital below authorised minimum
1061. 650Public company reducing capital below authorised minimum
1062. 651Expedited procedure for re-registration as a private company
1063. Effect of reduction of capital
1064. 652Liability of members following reduction of capital
1065. 653Liability to creditor in case of omission from list of creditors
1066. Chapter 11: Miscellaneous and supplementary provisions
1067. 654Treatment of reserve arising from reduction of capital
1068. 655Shares no bar to damages against company
1069. 656Public companies: duty of directors to call meeting on serious loss of capital
1070. 657General power to make further provision by regulations
1071. Part 18: Acquisition by limited company of its own shares
1072. Chapter 1: General provisions
1073. Introductory
1074. 658General rule against limited company acquiring its own shares
1075. 659Exceptions to general rule
1076. Shares held by company's nominee
1077. 660Treatment of shares held by nominee
1078. 661Liability of others where nominee fails to make payment in respect of shares
1079. Shares held by or for public company
1080. 662Duty to cancel shares in public company held by or for the company
1081. 663Notice of cancellation of shares
1082. 664Re-registration as private company in consequence of cancellation
1083. 665Issue of certificate of incorporation on re-registration
1084. 666Effect of failure to re-register
1085. 667Offence in case of failure to cancel shares or re-register
1086. 668Application of provisions to company re-registering as public company
1087. 669Transfer to reserve on acquisition of shares by public company or nominee
1088. Charges of public company on own shares
1089. 670Public companies: general rule against lien or charge on own shares
1090. Supplementary provisions
1091. 671Interests to be disregarded in determining whether company has beneficial interest
1092. 672Residual interest under pension scheme or employees' share scheme
1093. 673Employer's charges and other rights of recovery
1094. 674Rights as personal representative or trustee
1095. 675Meaning of “pension scheme”
1096. 676Application of provisions to directors
1097. Chapter 2: Financial assistance for purchase of own shares
1098. Introductory
1099. 677Meaning of “financial assistance”
1100. Circumstances in which financial assistance prohibited
1101. 678Assistance for acquisition of shares in public company
1102. 679Assistance by public company for acquisition of shares in its private holding company
1103. 680Prohibited financial assistance an offence
1104. Exceptions from prohibition
1105. 681Unconditional exceptions
1106. 682Conditional exceptions
1107. Supplementary
1108. 683Definitions for this Chapter
1109. Chapter 3: Redeemable shares
1110. 684Power of limited company to issue redeemable shares
1111. 685Terms and manner of redemption
1112. 686Payment for redeemable shares
1113. 687Financing of redemption
1114. 688Redeemed shares treated as cancelled
1115. 689Notice to registrar of redemption
1116. Chapter 4: Purchase of own shares
1117. General provisions
1118. 690Power of limited company to purchase own shares
1119. 691Payment for purchase of own shares
1120. 692Financing of purchase of own shares
1121. Authority for purchase of own shares
1122. 693Authority for purchase of own shares
1123. 693AAuthority for off-market purchase for the purposes of or pursuant to an employees' share scheme
1124. Authority for off-market purchase
1125. 694Authority for off-market purchase
1126. 695Resolution authorising off-market purchase: exercise of voting rights
1127. 696Resolution authorising off-market purchase: disclosure of details of contract
1128. 697Variation of contract for off-market purchase
1129. 698Resolution authorising variation: exercise of voting rights
1130. 699Resolution authorising variation: disclosure of details of variation
1131. 700Release of company's rights under contract for off-market purchase
1132. Authority for market purchase
1133. 701Authority for market purchase
1134. Supplementary provisions
1135. 702Copy of contract or memorandum to be available for inspection
1136. 703Enforcement of right to inspect copy or memorandum
1137. 704No assignment of company's right to purchase own shares
1138. 705Payments apart from purchase price to be made out of distributable profits
1139. 706Treatment of shares purchased
1140. 707Return to registrar of purchase of own shares
1141. 708Notice to registrar of cancellation of shares
1142. Chapter 5: Redemption or purchase by private company out of capital
1143. Introductory
1144. 709Power of private limited company to redeem or purchase own shares out of capital
1145. The permissible capital payment
1146. 710The permissible capital payment
1147. 711Available profits
1148. 712Determination of available profits
1149. Requirements for payment out of capital
1150. 713Requirements for payment out of capital
1151. 714Directors' statement and auditor's report
1152. 715Directors' statement: offence if no reasonable grounds for opinion
1153. 716Payment to be approved by special resolution
1154. 717Resolution authorising payment: exercise of voting rights
1155. 718Resolution authorising payment: disclosure of directors' statement and auditor's report
1156. 719Public notice of proposed payment
1157. 720Directors' statement and auditor's report to be available for inspection
1158. Requirements for payment out of capital: employees' share schemes
1159. 720AReduced requirements for payment out of capital for purchase of own shares for the purposes of or pursuant to an employees' share scheme
1160. 720BRegistration of resolution and supporting documents for purchase of own shares for the purposes of or pursuant to an employees' share scheme
1161. Objection to payment by members or creditors
1162. 721Application to court to cancel resolution
1163. 722Notice to registrar of court application or order
1164. Supplementary provisions
1165. 723Time when payment out of capital to be made or shares to be surrendered
1166. Chapter 6: Treasury shares
1167. 724Treasury shares
1168. 725Treasury shares: maximum holdings Repealed
1169. 726Treasury shares: exercise of rights
1170. 727Treasury shares: disposal
1171. 728Treasury shares: notice of disposal
1172. 729Treasury shares: cancellation
1173. 730Treasury shares: notice of cancellation
1174. 731Treasury shares: treatment of proceeds of sale
1175. 732Treasury shares: offences
1176. Chapter 7: Supplementary provisions
1177. 733The capital redemption reserve
1178. 734Accounting consequences of payment out of capital
1179. 735Effect of company's failure to redeem or purchase
1180. 736Meaning of “distributable profits”
1181. 737General power to make further provision by regulations
1182. Part 19: Debentures
1183. General provisions
1184. 738Meaning of “debenture”
1185. 739Perpetual debentures
1186. 740Enforcement of contract to subscribe for debentures
1187. 741Registration of allotment of debentures
1188. 742Debentures to bearer (Scotland)
1189. Register of debenture holders
1190. 743Register of debenture holders
1191. 744Register of debenture holders: right to inspect and require copy
1192. 745Register of debenture holders: response to request for inspection or copy
1193. 746Register of debenture holders: refusal of inspection or default in providing copy
1194. 747Register of debenture holders: offences in connection with request for or disclosure of information
1195. 748Time limit for claims arising from entry in register
1196. Supplementary provisions
1197. 749Right of debenture holder to copy of deed
1198. 750Liability of trustees of debentures
1199. 751Liability of trustees of debentures: saving for certain older provisions
1200. 752Power to re-issue redeemed debentures
1201. 753Deposit of debentures to secure advances
1202. 754Priorities where debentures secured by floating charge
1203. Part 20: Private and public companies
1204. Chapter 1: Prohibition of public offers by private companies
1205. 755Prohibition of public offers by private company
1206. 756Meaning of “offer to the public”
1207. 757Enforcement of prohibition: order restraining proposed contravention
1208. 758Enforcement of prohibition: orders available to the court after contravention
1209. 759Enforcement of prohibition: remedial order
1210. 760Validity of allotment etc not affected
1211. Chapter 2: Minimum share capital requirement for public companies
1212. 761Public company: requirement as to minimum share capital
1213. 762Procedure for obtaining certificate
1214. 763The authorised minimum
1215. 764Power to alter authorised minimum
1216. 765Authorised minimum: application of initial requirement
1217. 766Authorised minimum: application where shares denominated in different currencies etc
1218. 767Consequences of doing business etc without a trading certificate
1219. Part 21: Certification and transfer of securities
1220. Chapter 1: Certification and transfer of securities: general
1221. Share certificates
1222. 768Share certificate to be evidence of title
1223. Issue of certificates etc on allotment
1224. 769Duty of company as to issue of certificates etc on allotment
1225. Transfer of securities
1226. 770Registration of transfer
1227. 771Procedure on transfer being lodged
1228. 772Transfer of shares on application of transferor
1229. 773Execution of share transfer by personal representative
1230. 774Evidence of grant of probate etc
1231. 775Certification of instrument of transfer
1232. Issue of certificates etc on transfer
1233. 776Duty of company as to issue of certificates etc on transfer
1234. 777Issue of certificates etc: cases within the Stock Transfer Act 1982
1235. Issue of certificates etc on allotment or transfer to financial institution
1236. 778Issue of certificates etc: allotment or transfer to financial institution
1237. Share warrants
1238. 779Prohibition on issue of new share warrants and effect of existing share warrants
1239. 780Duty of company as to issue of certificates on surrender of share warrant Repealed
1240. 781Offences in connection with share warrants (Scotland)
1241. Supplementary provisions
1242. 782Issue of certificates etc: court order to make good default
1243. Chapter 2: Evidencing and transfer of title to securities without written instrument
1244. Introductory
1245. 783Scope of this Chapter
1246. 784Power to make regulations
1247. Powers exercisable
1248. 785Provision enabling procedures for evidencing and transferring title
1249. 786Provision enabling or requiring arrangements to be adopted
1250. 787Provision enabling or requiring arrangements to be adopted: order-making powers
1251. Supplementary
1252. 788Provision that may be included in regulations
1253. 789Duty to consult
1254. 790Resolutions to be forwarded to registrar
1255. Part 21A: Information about people with significant control
1256. Chapter 1: Introduction
1257. 790AOverview
1258. 790BCompanies to which this Part applies
1259. 790CKey terms
1260. 790CAReferences to “confirmation” etc of information
1261. Chapter 2: Information-gathering
1262. Duty on companies
1263. 790CBDuty to find out about persons with significant control
1264. 790DCompany’s duty to give notices to persons with significant control
1265. 790DAObtaining information from third parties
1266. 790ECompany’s duty to find out about changes in PSC information
1267. 790EACompany’s duty to find out about persons ceasing to be PSCs
1268. 790EBCompany’s duty to notify failure to comply with notices
1269. 790ECCompany’s duty to notify of late compliance with notices
1270. 790EDCompany’s duty to notify that it has given a restrictions notice
1271. 790EECompany’s duty to notify that it has withdrawn a restrictions notice
1272. 790EFCompany’s duty to notify that court has ended restrictions
1273. 790FFailure by company to comply with information duties
1274. Duty on others
1275. 790GDuty to notify company on becoming PSC
1276. 790HDuty to notify company of changes in PSC information
1277. 790HADuty to notify company of ceasing to be a PSC
1278. Compliance
1279. 790IEnforcement of disclosure requirements
1280. Power to impose further duties
1281. 790IAPower to impose further duties involving nominee shareholders
1282. Exemption from information and registration requirements
1283. 790JPower to make exemptions
1284. Required particulars
1285. 790KRequired particulars
1286. 790LRequired particulars: power to amend
1287. Chapter 2A: Duty to notify registrar of persons with significant control and ID verification
1288. Duty to notify registrar of persons with significant control
1289. 790LADuty to notify registrar of confirmed persons with significant control
1290. 790LBOption to provide ID verification information in notice of change
1291. 790LCDuty to notify registrar of unconfirmed persons with significant control
1292. Duty to notify registrar of changes in required particulars
1293. 790LDDuties to notify of changes in required particulars
1294. 790LEDuty to notify of pre-incorporation changes in required particulars
1295. Duty to notify registrar of person ceasing to be person with significant control etc
1296. 790LFDuty to notify registrar when person ceases to have significant control
1297. 790LGNotification of someone not becoming person with significant control on incorporation
1298. 790LHDuty to notify registrar if company has no persons with significant control
1299. 790LIPower to create further duties to notify information
1300. 790LJPersons with significant control: offence of failure to notify
1301. 790LKPower of court to order company to remedy defaults or delay
1302. 790LLInformation as to whether information has been delivered
1303. Identity verification obligations for persons with significant control
1304. 790LMInitial identity verification: registrable persons
1305. 790LNInitial identity verification for registrable persons: transitional cases
1306. 790LOInitial identity verification: registrable relevant legal entities
1307. 790LPInitial identity verification in respect of registrable relevant legal entities: transitional cases
1308. 790LQRegistrable persons: duty to maintain verified identity status
1309. 790LRRegistrable relevant legal entities: duty to maintain registered officer whose identity is verified
1310. 790LSRegistrable relevant legal entities: change of registered relevant officer
1311. 790LTOffence of failing to comply with sections 790LM to 790LR
1312. Chapter 3: Register of people with significant control Repealed
1313. 790MDuty to keep register Repealed
1314. 790NRegister to be kept available for inspection Repealed
1315. 790ORights to inspect and require copies Repealed
1316. 790PPSC register: response to request for inspection or copy Repealed
1317. 790QPSC register: refusal of inspection or default in providing copy Repealed
1318. 790RPSC register: offences in connection with request for or disclosure of information Repealed
1319. 790SInformation as to state of register Repealed
1320. 790TProtected information Repealed
1321. 790URemoval of entries from the register Repealed
1322. 790VPower of court to rectify register Repealed
1323. 790VANotification of changes to the registrar Repealed
1324. Chapter 4: Alternative method of record-keeping
1325. 790WIntroductory Repealed
1326. 790XRight to make an election Repealed
1327. 790YEffective date of election Repealed
1328. 790ZEffect of election on obligations under Chapter 3 Repealed
1329. 790ZADuty to notify registrar of changes Repealed
1330. 790ZBInformation as to state of central register Repealed
1331. 790ZCPower of court to order company to remedy default or delay Repealed
1332. 790ZDWithdrawing the election Repealed
1333. 790ZEPower to extend option to public companies Repealed
1334. Chapter 5: Protection from disclosure
1335. 790ZFProtection of information as to usual residential address
1336. 790ZGPower to make regulations protecting material
1337. 790ZHOffence of failing to comply with regulations under section 790ZG
1338. Part 22: Information about interests in a company's shares
1339. Introductory
1340. 791Companies to which this Part applies
1341. 792Shares to which this Part applies
1342. Notice requiring information about interests in shares
1343. 793Notice by company requiring information about interests in its shares
1344. 794Notice requiring information: order imposing restrictions on shares
1345. 795Notice requiring information: offences
1346. 796Notice requiring information: persons exempted from obligation to comply
1347. Orders imposing restrictions on shares
1348. 797Consequences of order imposing restrictions
1349. 798Penalty for attempted evasion of restrictions
1350. 799Relaxation of restrictions
1351. 800Removal of restrictions
1352. 801Order for sale of shares
1353. 802Application of proceeds of sale under court order
1354. Power of members to require company to act
1355. 803Power of members to require company to act
1356. 804Duty of company to comply with requirement
1357. 805Report to members on outcome of investigation
1358. 806Report to members: offences
1359. 807Right to inspect and request copy of reports
1360. Register of interests disclosed
1361. 808Register of interests disclosed
1362. 809Register to be kept available for inspection
1363. 810Associated index
1364. 811Rights to inspect and require copy of entries
1365. 812Court supervision of purpose for which rights may be exercised
1366. 813Register of interests disclosed: refusal of inspection or default in providing copy
1367. 814Register of interests disclosed: offences in connection with request for or disclosure of information
1368. 815Entries not to be removed from register
1369. 816Removal of entries from register: old entries
1370. 817Removal of entries from register: incorrect entry relating to third party
1371. 818Adjustment of entry relating to share acquisition agreement
1372. 819Duty of company ceasing to be public company
1373. Meaning of interest in shares
1374. 820Interest in shares: general
1375. 821Interest in shares: right to subscribe for shares
1376. 822Interest in shares: family interests
1377. 823Interest in shares: corporate interests
1378. 824Interest in shares: agreement to acquire interests in a particular company
1379. 825Extent of obligation in case of share acquisition agreement
1380. Other supplementary provisions
1381. 826Information protected from wider disclosure
1382. 827Reckoning of periods for fulfilling obligations
1383. 828Power to make further provision by regulations
1384. Part 23: Distributions
1385. Chapter 1: Restrictions on when distributions may be made
1386. Introductory
1387. 829Meaning of “distribution”
1388. General rules
1389. 830Distributions to be made only out of profits available for the purpose
1390. 831Net asset restriction on distributions by public companies
1391. Distributions by investment companies or Solvency 2 insurance companies
1392. 832Distributions by investment companies out of accumulated revenue profits
1393. 833Meaning of “investment company”
1394. 833ADistributions by insurance companies authorised under the Solvency 2 Directive
1395. 834Investment company: condition as to holdings in other companies Repealed
1396. 835Power to extend provisions relating to investment companies Repealed
1397. Chapter 2: Justification of distribution by reference to accounts
1398. Justification of distribution by reference to accounts
1399. 836Justification of distribution by reference to relevant accounts
1400. Requirements applicable in relation to relevant accounts
1401. 837Requirements where last annual accounts used
1402. 838Requirements where interim accounts used
1403. 839Requirements where initial accounts used
1404. Application of provisions to successive distributions etc
1405. 840Successive distributions etc by reference to the same accounts
1406. Chapter 3: Supplementary provisions
1407. Accounting matters
1408. 841Realised losses and profits and revaluation of fixed assets
1409. 842Determination of profit or loss in respect of asset where records incomplete
1410. 843Realised profits and losses of long-term insurance business of certain insurance companies
1411. 844Treatment of development costs
1412. Distributions in kind
1413. 845Distributions in kind: determination of amount
1414. 846Distributions in kind: treatment of unrealised profits
1415. Consequences of unlawful distribution
1416. 847Consequences of unlawful distribution
1417. Other matters
1418. 848Saving for certain older provisions in articles
1419. 849Restriction on application of unrealised profits
1420. 850Treatment of certain older profits or losses
1421. 851Application of rules of law restricting distributions
1422. 852Saving for other restrictions on distributions
1423. 853Minor definitions
1424. Part 24: Annual confirmation of accuracy of information on register
1425. 853ADuty to deliver confirmation statements
1426. 853BDuties to notify a relevant event
1427. 853BADuty to confirm lawful purpose
1428. 853CDuty to notify a change in company's principal business activities
1429. 853CADuty to notify a change in registered office
1430. 853CBDuty to notify a change in registered email address
1431. 853DDuty to deliver statement of capital
1432. 853EDuty to notify trading status of shares
1433. 853FDuty to deliver shareholder information: non-traded companies
1434. 853GDuty to deliver shareholder information: certain traded companies
1435. 853HDuty to deliver information about exemption from Part 21A
1436. 853IDuty to deliver information about people with significant control Repealed
1437. 853JPower to amend duties to deliver certain information
1438. 853KConfirmation statements: power to make further provision by regulations
1439. 853LFailure to deliver confirmation statement
1440. 854Duty to deliver annual returns Repealed
1441. 855Contents of annual return: general Repealed
1442. 855ARequired particulars of directors and secretaries Repealed
1443. 856Contents of annual return: information about shares and share capital Repealed
1444. 856AContents of annual return: information about shareholders: non-traded companies Repealed
1445. 856BContents of annual return: information about shareholders: certain traded companies Repealed
1446. 857Contents of annual return: power to make further provision by regulations Repealed
1447. 858Failure to deliver annual return Repealed
1448. 859Application of provisions to shadow directors Repealed
1449. Part 25: Company charges
1450. Chapter A1: Registration of company charges
1451. Company charges
1452. 859ACharges created by a company
1453. 859BCharge in series of debentures
1454. 859CCharges existing on property or undertaking acquired
1455. 859DParticulars to be delivered to registrar
1456. 859EDate of creation of charge
1457. 859FExtension of period allowed for delivery
1458. 859GPersonal information etc in certified copies
1459. Consequence of non-delivery
1460. 859HConsequence of failure to deliver charges
1461. The register
1462. 859IEntries on the register
1463. 859JCompany holding property or undertaking as trustee
1464. 859KRegistration of enforcement of security
1465. 859LEntries of satisfaction and release
1466. 859MRectification of register
1467. 859NReplacement of instrument or debenture
1468. 859ONotification of addition to or amendment of charge
1469. Companies' records and registers
1470. 859PCompanies to keep copies of instruments creating and amending charges
1471. 859QInstruments creating charges to be available for inspection
1472. Chapter 1: Companies registered in England and Wales or in Northern Ireland
1473. Requirement to register company charges
1474. 860Charges created by a company
1475. 861Charges which have to be registered: supplementary
1476. 862Charges existing on property acquired
1477. Special rules about debentures
1478. 863Charge in series of debentures
1479. 864Additional registration requirement for commission etc in relation to debentures
1480. 865Endorsement of certificate on debentures
1481. Charges in other jurisdictions
1482. 866Charges created in, or over property in, jurisdictions outside the United Kingdom
1483. 867Charges created in, or over property in, another United Kingdom jurisdiction
1484. Orders charging land: Northern Ireland
1485. 868Northern Ireland: registration of certain charges etc. affecting land
1486. The register of charges
1487. 869Register of charges to be kept by registrar
1488. 870The period allowed for registration
1489. 871Registration of enforcement of security
1490. 872Entries of satisfaction and release
1491. 873Rectification of register of charges
1492. Avoidance of certain charges
1493. 874Consequence of failure to register charges created by a company
1494. Companies' records and registers
1495. 875Companies to keep copies of instruments creating charges
1496. 876Company's register of charges
1497. 877Instruments creating charges and register of charges to be available for inspection
1498. Chapter 2: Companies registered in Scotland
1499. Charges requiring registration
1500. 878Charges created by a company
1501. 879Charges which have to be registered: supplementary
1502. 880Duty to register charges existing on property acquired
1503. 881Charge by way of ex facie absolute disposition, etc
1504. Special rules about debentures
1505. 882Charge in series of debentures
1506. 883Additional registration requirement for commission etc in relation to debentures
1507. Charges on property outside the United Kingdom
1508. 884Charges on property outside United Kingdom
1509. The register of charges
1510. 885Register of charges to be kept by registrar
1511. 886The period allowed for registration
1512. 887Entries of satisfaction and relief
1513. 888Rectification of register of charges
1514. Avoidance of certain charges
1515. 889Charges void unless registered
1516. Companies' records and registers
1517. 890Copies of instruments creating charges to be kept by company
1518. 891Company's register of charges
1519. 892Instruments creating charges and register of charges to be available for inspection
1520. Chapter 3: Powers of the Secretary of State
1521. 893Power to make provision for effect of registration in special register
1522. 894General power to make amendments to this Part
1523. Part 26: Arrangements and reconstructions: general
1524. Application of this Part
1525. 895Application of this Part
1526. Meeting of creditors or members
1527. 896Court order for holding of meeting
1528. 897Statement to be circulated or made available
1529. 898Duty of directors and trustees to provide information
1530. Court sanction for compromise or arrangement
1531. 899Court sanction for compromise or arrangement
1532. Special cases
1533. 899AMoratorium debts, etc
1534. Reconstructions and amalgamations
1535. 900Powers of court to facilitate reconstruction or amalgamation
1536. Obligations of company with respect to articles etc
1537. 901Obligations of company with respect to articles etc
1538. Part 26A: Arrangements and reconstructions: companies in financial difficulty
1539. Application of this Part
1540. 901AApplication of this Part
1541. 901BPower to exclude companies providing financial services, etc
1542. Meeting of creditors or members
1543. 901CCourt order for holding of meeting
1544. 901DStatement to be circulated or made available
1545. 901EDuty of directors and trustees to provide information
1546. Court sanction for compromise or arrangement
1547. 901FCourt sanction for compromise or arrangement
1548. 901GSanction for compromise or arrangement where one or more classes dissent
1549. Special cases
1550. 901HMoratorium debts, etc
1551. 901IPension schemes
1552. Reconstructions and amalgamations
1553. 901JPowers of court to facilitate reconstruction or amalgamation
1554. Obligations of company with respect to articles etc
1555. 901KObligations of company with respect to articles etc
1556. Power to amend Act
1557. 901LPower to amend Act
1558. Part 27: Mergers and divisions of public companies
1559. Chapter 1: Introductory
1560. 902Application of this Part
1561. 903Relationship of this Part to Parts 26 and 26A
1562. Chapter 2: Merger
1563. Introductory
1564. 904Mergers and merging companies
1565. Requirements applicable to merger
1566. 905Draft terms of scheme (merger)
1567. 906Publication of draft terms by registrar(merger)
1568. 906APublication of draft terms on company website (merger)
1569. 907Approval of members of merging companies
1570. 908Directors' explanatory report (merger)
1571. 909Expert's report (merger)
1572. 910Supplementary accounting statement (merger)
1573. 911Inspection of documents (merger)
1574. 911APublication of documents on company website (merger)
1575. 911BReport on material changes of assets of merging companies
1576. 912Approval of articles of new transferee company (merger)
1577. 913Protection of holders of securities to which special rights attached (merger)
1578. 914No allotment of shares to transferor company or its nominee (merger)
1579. Exceptions where shares of transferor company held by transferee company
1580. 915Circumstances in which certain particulars and reports not required (merger)
1581. 915AOther circumstances in which reports and inspection not required (merger)
1582. 916Circumstances in which meeting of members of transferee company not required (merger)
1583. 917Circumstances in which no meetings required (merger)
1584. Other exceptions
1585. 917AOther circumstances in which meeting of members of transferor company not required (merger)
1586. 918Other circumstances in which meeting of members of transferee company not required (merger)
1587. 918AAgreement to dispense with reports etc (merger)
1588. Chapter 3: Division
1589. Introductory
1590. 919Divisions and companies involved in a division
1591. Requirements to be complied with in case of division
1592. 920Draft terms of scheme (division)
1593. 921Publication of draft terms by registrar(division)
1594. 921APublication of draft terms on company website (division)
1595. 922Approval of members of companies involved in the division
1596. 923Directors' explanatory report (division)
1597. 924Expert's report (division)
1598. 925Supplementary accounting statement (division)
1599. 926Inspection of documents (division)
1600. 926APublication of documents on company website (division)
1601. 927Report on material changes of assets of transferor company (division)
1602. 928Approval of articles of new transferee company (division)
1603. 929Protection of holders of securities to which special rights attached (division)
1604. 930No allotment of shares to transferor company or its nominee (division)
1605. Exceptions where shares of transferor company held by transferee company
1606. 931Circumstances in which meeting of members of transferor company not required (division)
1607. Other exceptions
1608. 931AOther circumstances in which meeting of members of transferor company not required (division)
1609. 932Circumstances in which meeting of members of transferee company not required (division)
1610. 933Agreement to dispense with reports etc (division)
1611. 933ACertain requirements excluded where shareholders given proportional rights (division)
1612. 934Power of court to exclude certain requirements (division)
1613. Chapter 4: Supplementary provisions
1614. Expert's report and related matters
1615. 935Expert's report: valuation by another person
1616. 936Experts and valuers: independence requirement
1617. 937Experts and valuers: meaning of “associate”
1618. Powers of the court
1619. 938Power of court to summon meeting of members or creditors of existing transferee company
1620. 939Court to fix date for transfer of undertaking etc of transferor company
1621. Liability of transferee companies
1622. 940Liability of transferee companies for each other's defaults
1623. Disruption of websites
1624. 940ADisregard of website failures beyond control of company
1625. Interpretation
1626. 941Meaning of “liabilities” and “property”
1627. Part 28: Takeovers etc
1628. Chapter 1: The Takeover Panel
1629. The Panel and its rules
1630. 942The Panel
1631. 943Rules
1632. 944Further provisions about rules
1633. 945Rulings
1634. 946Directions
1635. Information
1636. 947Power to require documents and information
1637. 948Restrictions on disclosure
1638. 949Offence of disclosure in contravention of section 948
1639. Co-operation
1640. 950Panel's duty of co-operation
1641. Hearings and appeals
1642. 951Hearings and appeals
1643. Contravention of rules etc
1644. 952Sanctions
1645. 953Failure to comply with rules about bid documentation
1646. 954Compensation
1647. 955Enforcement by the court
1648. 956No action for breach of statutory duty etc
1649. Funding
1650. 957Fees and charges
1651. 958Levy
1652. 959Recovery of fees, charges or levy
1653. Miscellaneous and supplementary
1654. 960Panel as party to proceedings
1655. 961Exemption from liability in damages
1656. 962Privilege against self-incrimination
1657. 963Annual reports
1658. 964Amendments to Financial Services and Markets Act 2000
1659. 965Power to extend to Isle of Man and Channel Islands
1660. Chapter 2: Impediments to takeovers
1661. Opting in and opting out
1662. 966Opting in and opting out
1663. 967Further provision about opting-in and opting-out resolutions
1664. Consequences of opting in
1665. 968Effect on contractual restrictions
1666. 969Power of offeror to require general meeting to be called
1667. Supplementary
1668. 970Communication of decisions
1669. 971Interpretation of this Chapter
1670. 972Transitory provision
1671. 973Power to extend to Isle of Man and Channel Islands
1672. Chapter 3: “Squeeze-out” and “Sell-out”
1673. Takeover offers
1674. 974Meaning of “takeover offer”
1675. 975Shares already held by the offeror etc
1676. 976Cases where offer treated as being on same terms
1677. 977Shares to which an offer relates
1678. 978Effect of impossibility etc of communicating or accepting offer
1679. “Squeeze-out”
1680. 979Right of offeror to buy out minority shareholder
1681. 980Further provision about notices given under section 979
1682. 981Effect of notice under section 979
1683. 982Further provision about consideration held on trust under section 981(9)
1684. “Sell-out”
1685. 983Right of minority shareholder to be bought out by offeror
1686. 984Further provision about rights conferred by section 983
1687. 985Effect of requirement under section 983
1688. Supplementary
1689. 986Applications to the court
1690. 987Joint offers
1691. Interpretation
1692. 988Associates
1693. 989Convertible securities
1694. 990Debentures carrying voting rights
1695. 991Interpretation
1696. Chapter 4: Amendments to Part 7 of the Companies Act 1985
1697. 992Matters to be dealt with in directors' report
1698. Part 29: Fraudulent trading
1699. 993Offence of fraudulent trading
1700. Part 30: Protection of members against unfair prejudice
1701. Main provisions
1702. 994Petition by company member
1703. 995Petition by Secretary of State
1704. 996Powers of the court under this Part
1705. Supplementary provisions
1706. 997Application of general rule-making powers
1707. 998Copy of order affecting company's constitution to be delivered to registrar
1708. 999Supplementary provisions where company's constitution altered
1709. Part 31: Dissolution and restoration to the register
1710. Chapter 1: Striking off
1711. Registrar's power to strike off defunct company
1712. 1000Power to strike off company not carrying on business or in operation
1713. 1001Duty to act in case of company being wound up
1714. 1002Supplementary provisions as to service of communication or notice
1715. Registrar’s power to strike off company registered on false basis
1716. 1002APower to strike off company registered on false basis
1717. Voluntary striking off
1718. 1003Striking off on application by company
1719. 1004Circumstances in which application not to be made: activities of company
1720. 1005Circumstances in which application not to be made: other proceedings not concluded
1721. 1006Copy of application to be given to members, employees, etc
1722. 1007Copy of application to be given to new members, employees, etc
1723. 1008Copy of application: provisions as to service of documents
1724. 1009Circumstances in which application to be withdrawn
1725. 1010Withdrawal of application
1726. 1011Meaning of “creditor”
1727. Chapter 2: Property of dissolved company
1728. Property vesting as bona vacantia
1729. 1012Property of dissolved company to be bona vacantia
1730. 1013Crown disclaimer of property vesting as bona vacantia
1731. 1014Effect of Crown disclaimer
1732. Effect of Crown disclaimer: England and Wales and Northern Ireland
1733. 1015General effect of disclaimer
1734. 1016Disclaimer of leaseholds
1735. 1017Power of court to make vesting order
1736. 1018Protection of persons holding under a lease
1737. 1019Land subject to rentcharge
1738. Effect of Crown disclaimer: Scotland
1739. 1020General effect of disclaimer
1740. 1021Power of court to make vesting order
1741. 1022Protection of persons holding under a lease
1742. Supplementary provisions
1743. 1023Liability for rentcharge on company's land after dissolution
1744. Chapter 3: Restoration to the register
1745. Administrative restoration to the register
1746. 1024Application for administrative restoration to the register
1747. 1025Requirements for administrative restoration
1748. 1026Application to be accompanied by statement of compliance
1749. 1027Registrar's decision on application for administrative restoration
1750. 1028Effect of administrative restoration
1751. 1028AAdministrative restoration of company with share warrants
1752. Restoration to the register by the court
1753. 1029Application to court for restoration to the register
1754. 1030When application to the court may be made
1755. 1031Decision on application for restoration by the court
1756. 1032Effect of court order for restoration to the register
1757. 1032ARestoration by court of company with share warrants
1758. Supplementary provisions
1759. 1033Company's name on restoration
1760. 1034Effect of restoration to the register where property has vested as bona vacantia
1761. Part 32: Company investigations: amendments
1762. 1035Powers of Secretary of State to give directions to inspectors
1763. 1036Resignation, removal and replacement of inspectors
1764. 1037Power to obtain information from former inspectors etc
1765. 1038Power to require production of documents
1766. 1039Disqualification orders: consequential amendments Repealed
1767. Part 33: UK companies not formed under companies legislation
1768. Chapter 1: Companies not formed under companies legislation but authorised to register
1769. 1040Companies authorised to register under this Act
1770. 1041Definition of “joint stock company”
1771. 1042Power to make provision by regulations
1772. Chapter 2: Unregistered companies
1773. 1043Unregistered companies
1774. Part 34: Overseas companies
1775. Introductory
1776. 1044Overseas companies
1777. 1045Company contracts and execution of documents by companies
1778. Registration of particulars
1779. 1046Duty to register particulars
1780. 1047Registered name of overseas company
1781. 1048Registration under alternative name
1782. 1048ARegistered addresses of an overseas company
1783. 1048BIdentity verification of directors
1784. Other requirements
1785. 1049Accounts and reports: general
1786. 1050Accounts and reports: credit or financial institutions
1787. 1051Trading disclosures
1788. 1052Company charges
1789. 1053Other returns etc
1790. Supplementary
1791. 1054Offences
1792. 1055Disclosure of individual's residential address: protection from disclosure
1793. 1056Requirement to identify persons authorised to accept service of documents
1794. 1057Registrar to whom returns, notices etc to be delivered
1795. 1058Duty to give notice of ceasing to have registrable presence
1796. 1059Application of provisions in case of relocation of branch
1797. Part 35: The registrar of companies
1798. Chapter
1799. Scheme of this Part
1800. 1059AScheme of this Part
1801. The registrar
1802. 1060The registrar
1803. 1061The registrar's functions
1804. 1062The registrar's official seal
1805. 1062AAnalysis of information for the purposes of crime prevention or detection
1806. 1063Fees payable to registrar
1807. Certificates of incorporation
1808. 1064Public notice of issue of certificate of incorporation
1809. 1065Right to certificate of incorporation
1810. Registered numbers
1811. 1066Company's registered numbers
1812. 1067Registered numbers of UK establishments of overseas company
1813. Who may deliver documents to the registrar
1814. 1067ADelivery of documents: identity verification requirements etc
1815. 1067BDisqualification from delivering documents
1816. Delivery of documents to the registrar
1817. 1068Registrar's requirements as to form, authentication and manner of delivery
1818. 1068ARegistrar’s rules requiring documents to be delivered together
1819. 1069Power to require delivery by electronic means Repealed
1820. 1070Agreement for delivery by electronic means
1821. 1071Document not delivered until received
1822. Requirements for proper delivery
1823. 1072Requirements for proper delivery
1824. 1073Power to accept documents not meeting requirements for proper delivery
1825. 1073APower to reject documents for discrepancies
1826. 1074Documents containing unnecessary material
1827. 1075Informal correction of document Repealed
1828. 1076Replacement of document not meeting requirements for proper delivery
1829. Public notice of receipt of certain documents
1830. 1077Public notice of receipt of certain documents
1831. 1078Enhanced disclosure documents
1832. 1079Effect of failure to give public notice
1833. 1079AProvision of information for publication on European e-Justice portal Repealed
1834. Notice of receipt of documents about new directors
1835. 1079BDuty to notify directors
1836. The register
1837. 1080The register
1838. 1081Annotation of the register
1839. 1081ARegistrar’s objectives to promote integrity of registers etc
1840. 1082Allocation of unique identifiers
1841. 1083Preservation of original documents
1842. 1084Records relating to companies that have been dissolved etc
1843. 1084ARecording of optional information on register
1844. Inspection etc of the register
1845. 1085Inspection of the register
1846. 1086Right to copy of material on the register
1847. 1087Material not available for public inspection
1848. 1087ZARequired particulars available for public inspection for limited period Repealed
1849. 1087AProtection of date of birth information
1850. 1087BProtection of date of birth information in old documents
1851. 1087CDisclosure of date of birth information
1852. 1088Power to make regulations protecting material
1853. 1089Form of application for inspection or copy
1854. 1090Form and manner in which copies to be provided
1855. 1091Certification of copies as accurate
1856. 1092Issue of process for production of records kept by the registrar
1857. Additional information
1858. 1092APower to require information
1859. 1092BOffence relating to provision of information
1860. 1092CPrivilege against self-incrimination
1861. Correction or removal of material on the register
1862. 1093Registrar's notice to resolve inconsistency ...
1863. 1094Removal of material from the register
1864. 1094AFurther provision about removal of material from the register
1865. 1094ABPower of court to make consequential orders following removal
1866. 1095Rectification of register on application to registrar Repealed
1867. 1095ARectification of register to resolve a discrepancy Repealed
1868. 1096Rectification of the register under court order
1869. 1097Powers of court on ordering removal of material from the register
1870. 1097ARectification of register relating to company registered office
1871. 1097BRectification of register: service addresses
1872. 1097CRectification of register: principal office addresses
1873. 1098Public notice of removal of certain material from the register
1874. Authorised corporate service providers
1875. 1098AMeaning of “authorised corporate service provider”
1876. 1098BApplication to become authorised corporate service provider
1877. 1098CThe required information about an applicant
1878. 1098DDelivery of applications under section 1098B on behalf of a firm
1879. 1098EUpdating duties of authorised corporate service providers
1880. 1098FCeasing to be an authorised corporate service provider
1881. 1098GPower to impose duties to provide information
1882. 1098HPower to enable authorisation of foreign corporate service providers
1883. The registrar's index of company names
1884. 1099The registrar's index of company names
1885. 1100Right to inspect index
1886. 1101Power to amend enactments relating to bodies other than companies
1887. Language requirements: translation
1888. 1102Application of language requirements
1889. 1103Documents to be drawn up and delivered in English
1890. 1104Documents relating to Welsh companies
1891. 1105Documents that may be drawn up and delivered in other languages
1892. 1106Voluntary filing of translations
1893. 1107Certified translations
1894. Language requirements: transliteration
1895. 1108Transliteration of names and addresses: permitted characters
1896. 1109Transliteration of names and addresses: voluntary transliteration into Roman characters
1897. 1110Transliteration of names and addresses: certification
1898. Identity verification
1899. 1110AMeaning of “identity is verified”
1900. 1110BVerification requirements
1901. 1110CIdentity verification: exemption on national security grounds etc
1902. Discrepancy reporting
1903. 1110DPower to require businesses to report discrepancies
1904. Disclosure of information
1905. 1110EDisclosure to the registrar
1906. 1110FDisclosure by the registrar
1907. 1110GDisclosure: supplementary
1908. Supplementary provisions
1909. 1111Registrar's requirements as to certification or verification
1910. 1112False statements: basic offence
1911. 1112AFalse statements: aggravated offence
1912. 1112BFalse statements offences: national security etc defence
1913. 1113Enforcement of company's filing obligations
1914. 1114Application of provisions about documents and delivery
1915. 1115Supplementary provisions relating to electronic communications
1916. 1116Alternative to publication in the Gazette
1917. 1117Registrar's rules
1918. 1118Payments into the Consolidated Fund
1919. 1119Contracting out of registrar's functions
1920. 1120Application of this Part to overseas companies Repealed
1921. Part 36: Offences under the Companies Acts and financial penalties
1922. Liability of officer in default
1923. 1121Liability of officer in default
1924. 1122Liability of company as officer in default
1925. 1123Application to bodies other than companies
1926. Offences under the Companies Act 1985
1927. 1124Amendments of the Companies Act 1985
1928. General provisions
1929. 1125Meaning of “daily default fine”
1930. 1126Consents required for certain prosecutions
1931. 1127Summary proceedings: venue
1932. 1128Summary proceedings: time limit for proceedings
1933. 1129Legal professional privilege
1934. 1130Proceedings against unincorporated bodies
1935. 1131Imprisonment on summary conviction in England and Wales: transitory provision
1936. Production and inspection of documents
1937. 1132Production and inspection of documents where offence suspected
1938. Financial penalties
1939. 1132APower to make provision for financial penalties
1940. Supplementary
1941. 1133Transitional provision
1942. Part 37: Companies: supplementary provisions
1943. Company records
1944. 1134Meaning of “company records”
1945. 1135Form of company records
1946. 1136Regulations about where certain company records to be kept available for inspection
1947. 1137Regulations about inspection of records and provision of copies
1948. 1138Duty to take precautions against falsification
1949. Service addresses
1950. 1139Service of documents on company
1951. 1140Service of documents on directors, secretaries and others
1952. 1141Service addresses
1953. 1142Requirement to give service address
1954. Sending or supplying documents or information
1955. 1143The company communications provisions
1956. 1144Sending or supplying documents or information
1957. 1145Right to hard copy version
1958. 1146Requirement of authentication
1959. 1147Deemed delivery of documents and information
1960. 1148Interpretation of company communications provisions
1961. Requirements as to independent valuation
1962. 1149Application of valuation requirements
1963. 1150Valuation by qualified independent person
1964. 1151The independence requirement
1965. 1152Meaning of “associate”
1966. 1153Valuer entitled to full disclosure
1967. Notice of appointment of certain officers
1968. 1154Duty to notify registrar of certain appointments etc
1969. 1155Offence of failure to give notice
1970. Courts and legal proceedings
1971. 1156Meaning of “the court”
1972. 1157Power of court to grant relief in certain cases
1973. Part 38: Companies: interpretation
1974. Meaning of “UK-registered company”
1975. 1158Meaning of “UK-registered company”
1976. Meaning of “subsidiary” and related expressions
1977. 1159Meaning of “subsidiary” etc
1978. 1160Meaning of “subsidiary” etc: power to amend
1979. Meaning of “undertaking” and related expressions
1980. 1161Meaning of “undertaking” and related expressions
1981. 1162Parent and subsidiary undertakings
1982. Other definitions
1983. 1163“Non-cash asset”
1984. 1164Meaning of “banking company” and “banking group”
1985. 1165Meaning of “insurance company” and related expressions
1986. 1166“Employees' share scheme”
1987. 1167Meaning of “prescribed”
1988. 1168Hard copy and electronic form and related expressions
1989. 1169Dormant companies
1990. 1170Meaning of “EEA State” and related expressions
1991. 1170AReceiver or manager and certain related references
1992. 1170BMeaning of “contributory”
1993. 1171The former Companies Acts
1994. General
1995. 1172References to requirements of this Act
1996. 1173Minor definitions: general
1997. 1174Index of defined expressions
1998. Part 39: Companies: minor amendments
1999. 1175Removal of special provisions about accounts and audit of charitable companies Repealed
2000. 1176Power of Secretary of State to bring civil proceedings on company's behalf
2001. 1177Repeal of certain provisions about company directors
2002. 1178Repeal of requirement that certain companies publish periodical statement
2003. 1179Repeal of requirement that Secretary of State prepare annual report
2004. 1180Repeal of certain provisions about company charges
2005. 1181Access to constitutional documents of RTE and RTM companies
2006. Part 40: Company directors: foreign disqualification etc
2007. Introductory
2008. 1182Persons subject to foreign restrictions
2009. 1183Meaning of “the court” and “UK company”
2010. Power to disqualify
2011. 1184Disqualification of persons subject to foreign restrictions
2012. 1185Disqualification regulations: supplementary
2013. 1186Offence of breach of disqualification
2014. Power to make persons liable for company's debts
2015. 1187Personal liability for debts of company
2016. Power to require statements to be sent to the registrar of companies
2017. 1188Statements from persons subject to foreign restrictions
2018. 1189Statements from persons disqualified Repealed
2019. 1190Statements: whether to be made public
2020. 1191Offences
2021. Part 41: Business names
2022. Chapter 1: Restricted or prohibited names
2023. Introductory
2024. 1192Application of this Chapter
2025. Sensitive words or expressions
2026. 1193Name suggesting connection with government or public authority
2027. 1194Other sensitive words or expressions
2028. 1195Requirement to seek comments of government department or other relevant body
2029. 1196Withdrawal of Secretary of State's approval
2030. 1196ANames suggesting connection with foreign governments etc
2031. Misleading names
2032. 1197Name containing inappropriate indication of company type or legal form
2033. 1198Name giving misleading indication of activities
2034. Restrictions where a company has been required to change a name
2035. 1198AName that a company has been required to change
2036. 1198BName that another company has been required to change
2037. Supplementary
2038. 1199Savings for existing lawful business names
2039. 1199AExceptions based on national security etc
2040. Chapter 2: Disclosure required in case of individual or partnership
2041. Introductory
2042. 1200Application of this Chapter
2043. 1201Information required to be disclosed
2044. Disclosure requirements
2045. 1202Disclosure required: business documents etc
2046. 1203Exemption for large partnerships if certain conditions met
2047. 1204Disclosure required: business premises
2048. Consequences of failure to make required disclosure
2049. 1205Criminal consequences of failure to make required disclosure
2050. 1206Civil consequences of failure to make required disclosure
2051. Chapter 3: Supplementary
2052. 1207Application of general provisions about offences
2053. 1208Interpretation
2054. Part 42: Statutory Auditors
2055. Chapter 1: Introductory
2056. 1209Main purposes of Part
2057. 1210Meaning of “statutory auditor” etc
2058. 1211Eligibility for appointment as a statutory auditor: overview
2059. Chapter 2: Individuals and firms
2060. Eligibility for appointment
2061. 1212Individuals and firms: eligibility for appointment as a statutory auditor
2062. 1213Effect of ineligibility
2063. Independence requirement
2064. 1214Independence requirement
2065. 1215Effect of lack of independence
2066. Effect of appointment of a partnership
2067. 1216Effect of appointment of a partnership
2068. Supervisory bodies
2069. 1217Supervisory bodies
2070. 1218Exemption from liability for damages
2071. Professional qualifications
2072. 1219Appropriate qualifications
2073. 1220Qualifying bodies and recognised professional qualifications
2074. 1221Approval of third country qualifications
2075. 1222Eligibility of individuals retaining only 1967 Act authorisation
2076. Information
2077. 1223Matters to be notified to the Secretary of State
2078. 1223ZAMatters to be notified to the competent authority
2079. 1223ANotification of matters relevant to approved third country competent authorities
2080. 1224The Secretary of State's power to call for information
2081. 1224ZAThe competent authority’s power to call for information
2082. 1224ARestrictions on disclosure
2083. 1224BOffence of disclosure in contravention of section 1224A
2084. Enforcement
2085. 1225Enforcement: general
2086. 1225ADirections: general
2087. 1225BDirections: supplementary
2088. 1225CCompliance orders
2089. 1225DFinancial penalties: general
2090. 1225EFinancial penalties: supplementary
2091. 1225FAppeals against financial penalties
2092. 1225GRecovery of financial penalties
2093. Chapter 3: Auditors General
2094. Eligibility for appointment
2095. 1226Auditors General: eligibility for appointment as a statutory auditor
2096. Conduct of audits
2097. 1227Individuals responsible for audit work on behalf of Auditors General
2098. The Independent Supervisor
2099. 1228Appointment of the Independent Supervisor
2100. Supervision of Auditors General
2101. 1229Supervision of Auditors General by the Independent Supervisor
2102. 1230Duties of Auditors General in relation to supervision arrangements
2103. Reporting requirement
2104. 1231Reports by the Independent Supervisor
2105. Information
2106. 1232Matters to be notified to the Independent Supervisor
2107. 1233The Independent Supervisor's power to call for information
2108. Enforcement
2109. 1234Suspension notices
2110. 1235Effect of suspension notices
2111. 1236Compliance orders
2112. Proceedings
2113. 1237Proceedings involving the Independent Supervisor
2114. Grants
2115. 1238Grants to the Independent Supervisor
2116. Chapter 4: The register of auditors etc
2117. 1239The register of auditors
2118. 1240Information to be made available to public
2119. Chapter 4A: Equivalent Third Countries and Transitional Third Countries
2120. 1240APower to approve third countries as equivalent or transitional third countries
2121. Chapter 4B: Approved Third Country Competent Authorities
2122. 1240BPower to approve third country competent authorities
2123. Chapter 5: Registered third country auditors
2124. Introductory
2125. 1241Meaning of “registered third country auditor” and “UK-traded third country company”
2126. Duties
2127. 1242Duties of registered third country auditors
2128. Information
2129. 1243Matters to be notified to the Secretary of State
2130. 1244The Secretary of State's power to call for information
2131. Enforcement
2132. 1245Compliance orders
2133. 1246Removal of third country auditors from the register of auditors
2134. 1247Grants to bodies concerned with arrangements under Schedule 12
2135. Chapter 6: Supplementary and general
2136. Power to require second company audit
2137. 1248Secretary of State's power to require second audit of a company
2138. 1249Supplementary provision about second audits
2139. False and misleading statements
2140. 1250Misleading, false and deceptive statements
2141. Fees
2142. 1251Fees
2143. Duty of Secretary of State to report on inspections
2144. 1251ADuty of the Secretary of State to report on inspections
2145. Delegation of Secretary of State's functions
2146. 1252Delegation of the Secretary of State's functions
2147. 1253Delegation of functions to an existing body
2148. Cooperation with foreign competent authorities
2149. 1253ARequests to foreign competent authorities
2150. 1253BRequests from approved third country competent authorities
2151. 1253CNotification to approved third country competent authorities...
2152. Transfer of papers to third countries
2153. 1253DRestriction on transfer of audit working papers to third countries
2154. 1253DATransfer by Secretary of State
2155. 1253DBTransfer by statutory auditor with approval of Secretary of State
2156. 1253DCTransfer by statutory auditor for purposes of investigation of auditor
2157. 1253DDAgreement of third country competent authority
2158. 1253DETransfer by means of inspection
2159. 1253EWorking arrangements for transfer of papers
2160. 1253FPublication of working arrangements
2161. International obligations
2162. 1254Directions to comply with international obligations
2163. General provision relating to offences
2164. 1255Offences by bodies corporate, partnerships and unincorporated associations
2165. 1256Time limits for prosecution of offences
2166. 1257Jurisdiction and procedure in respect of offences
2167. Notices etc
2168. 1258Service of notices
2169. 1259Documents in electronic form
2170. Interpretation
2171. 1260Meaning of “associate”
2172. 1261Minor definitions
2173. 1262Index of defined expressions
2174. Miscellaneous and general
2175. 1263Power to make provision in consequence of changes affecting accountancy bodies
2176. 1264Consequential amendments
2177. Part 43: Transparency obligations and related matters
2178. Introductory
2179. 1265The transparency obligations directive
2180. Transparency obligations
2181. 1266Transparency rules
2182. 1267Competent authority's power to call for information
2183. 1268Powers exercisable in case of infringement of transparency obligation
2184. Other matters
2185. 1269Corporate governance rules
2186. 1270Liability for false or misleading statements in certain publications
2187. 1271Exercise of powers where UK is host member State
2188. 1272Transparency obligations and related matters: minor and consequential amendments
2189. 1273Corporate governance regulations Repealed
2190. Part 44: Miscellaneous provisions
2191. Regulation of actuaries etc
2192. 1274Grants to bodies concerned with actuarial standards etc
2193. 1275Levy to pay expenses of bodies concerned with actuarial standards etc
2194. 1276Application of provisions to Scotland and Northern Ireland
2195. Information as to exercise of voting rights by institutional investors
2196. 1277Power to require information about exercise of voting rights
2197. 1278Institutions to which information provisions apply
2198. 1279Shares to which information provisions apply
2199. 1280Obligations with respect to provision of information
2200. Disclosure of information under the Enterprise Act 2002
2201. 1281Disclosure of information under the Enterprise Act 2002
2202. Expenses of winding up
2203. 1282Payment of expenses of winding up
2204. Commonhold associations
2205. 1283Amendment of memorandum or articles of commonhold association
2206. Part 45: Northern Ireland
2207. 1284Extension of Companies Acts to Northern Ireland
2208. 1285Extension of GB enactments relating to UK Societas
2209. 1286Extension of GB enactments relating to certain other forms of business organisation
2210. 1287Extension of enactments relating to business names
2211. Part 46: General supplementary provisions
2212. Regulations and orders
2213. 1288Regulations and orders: statutory instrument
2214. 1289Regulations and orders: negative resolution procedure
2215. 1290Regulations and orders: affirmative resolution procedure
2216. 1291Regulations and orders: approval after being made
2217. 1292Regulations and orders: supplementary
2218. “Bank of England”
2219. 1292A“Bank of England”
2220. Meaning of “enactment”
2221. 1293Meaning of “enactment”
2222. Consequential and transitional provisions
2223. 1294Power to make consequential amendments etc
2224. 1295Repeals
2225. 1296Power to make transitional provision and savings
2226. 1297Continuity of the law
2227. Part 47: Final provisions
2228. 1298Short title
2229. 1299Extent
2230. 1300Commencement
2231. Schedule 1: Connected persons: references to an interest in shares or debentures
2232. Introduction
2233. 1Paragraph 1
2234. General provisions
2235. 2Paragraph 2
2236. Rights to acquire shares
2237. 3Paragraph 3
2238. Right to exercise or control exercise of rights
2239. 4Paragraph 4
2240. Bodies corporate
2241. 5Paragraph 5
2242. Trusts
2243. 6Paragraph 6
2244. Schedule 1A: References to people with significant control over a company
2245. Part 1: The specified conditions
2246. Introduction
2247. 1Paragraph 1
2248. Ownership of shares
2249. 2Paragraph 2
2250. Ownership of voting rights
2251. 3Paragraph 3
2252. Ownership of right to appoint or remove directors
2253. 4Paragraph 4
2254. Significant influence or control
2255. 5Paragraph 5
2256. Trusts, partnerships etc
2257. 6Paragraph 6
2258. Part 2: Holding an interest in a company etc
2259. Introduction
2260. 7Paragraph 7
2261. Holding an interest
2262. 8Paragraph 8
2263. Interests held through a legal entity
2264. 9Paragraph 9
2265. Part 3: Supplementary provision
2266. Introduction
2267. 10Paragraph 10
2268. Joint interests
2269. 11Paragraph 11
2270. Joint arrangements
2271. 12Paragraph 12
2272. Calculating shareholdings
2273. 13Paragraph 13
2274. Voting rights
2275. 14Paragraph 14
2276. 15Paragraph 15
2277. Rights to appoint or remove members of the board
2278. 16Paragraph 16
2279. 17Paragraph 17
2280. Shares or rights held “indirectly”
2281. 18Paragraph 18
2282. Shares held by nominees
2283. 19Paragraph 19
2284. Rights treated as held by person who controls their exercise
2285. 20Paragraph 20
2286. 21Paragraph 21
2287. Rights exercisable only in certain circumstances etc
2288. 22Paragraph 22
2289. Rights attached to shares held by way of security
2290. 23Paragraph 23
2291. Significant influence or control
2292. 24Paragraph 24
2293. Limited partnerships
2294. 25Paragraph 25
2295. Part 4: Power to amend thresholds etc
2296. 26Paragraph 26
2297. Schedule 1B: Enforcement of disclosure requirements
2298. Right to issue restrictions notice
2299. 1Paragraph 1
2300. Relevant interests
2301. 2Paragraph 2
2302. Effect of restrictions notice
2303. 3Paragraph 3
2304. Protection of third party rights
2305. 4Paragraph 4
2306. Breach of restrictions
2307. 5Paragraph 5
2308. 6Paragraph 6
2309. 7Paragraph 7
2310. Relaxation of restrictions
2311. 8Paragraph 8
2312. Orders for sale
2313. 9Paragraph 9
2314. 10Paragraph 10
2315. Company's power to withdraw restrictions notice
2316. 11Paragraph 11
2317. Supplementary provision
2318. 12Paragraph 12
2319. Offence of failing to comply with notices
2320. 13Paragraph 13
2321. Offence of failing to provide information
2322. 14Paragraph 14
2323. False statements: basic offence
2324. 14AParagraph 14A
2325. False statements: aggravated offence
2326. 14BParagraph 14B
2327. Schedule 1C: Rules of the Takeover Panel: general principles and other provision
2328. Part 1: General principles
2329. 1Paragraph 1
2330. 2Paragraph 2
2331. 3Paragraph 3
2332. 4Paragraph 4
2333. 5Paragraph 5
2334. 6Paragraph 6
2335. Part 2: Other provision
2336. Protection of minority shareholders, the mandatory takeover bid and the equitable price
2337. 7Paragraph 7
2338. 8Paragraph 8
2339. 9Paragraph 9
2340. 10Paragraph 10
2341. Information concerning takeover bids
2342. 11Paragraph 11
2343. 12Paragraph 12
2344. Time allowed for acceptance
2345. 13Paragraph 13
2346. 14Paragraph 14
2347. Disclosure
2348. 15Paragraph 15
2349. 16Paragraph 16
2350. Obligations of the board of directors of the offeree company
2351. 17Paragraph 17
2352. 18Paragraph 18
2353. Other rules applicable to the conduct of takeover bids
2354. 19Paragraph 19
2355. Interpretation
2356. 20Paragraph 20
2357. 21Paragraph 21
2358. Schedule 2: Specified persons, descriptions of disclosures etc for the purposes of section 948
2359. Part 1: SPECIFIED PERSONS
2360. Chapter: (A) UNITED KINGDOM
2361. 1Paragraph 1
2362. 2Paragraph 2
2363. 3Paragraph 3
2364. 4Paragraph 4
2365. 5Paragraph 5
2366. 6Paragraph 6
2367. 7Paragraph 7
2368. 8Paragraph 8
2369. 9Paragraph 9
2370. 10Paragraph 10
2371. 11Paragraph 11
2372. 12Paragraph 12
2373. Chapter: (B) JERSEY
2374. 1Paragraph 1
2375. 2Paragraph 2
2376. 3Paragraph 3
2377. 4Paragraph 4
2378. 5Paragraph 5
2379. 6Paragraph 6
2380. 7Paragraph 7
2381. 8Paragraph 8
2382. Chapter: (C) GUERNSEY
2383. 1Paragraph 1
2384. 2Paragraph 2
2385. 3Paragraph 3
2386. 4Paragraph 4
2387. 5Paragraph 5
2388. 6Paragraph 6
2389. 7Paragraph 7
2390. Chapter: (D) ISLE OF MAN
2391. 1Paragraph 1
2392. 2Paragraph 2
2393. 3Paragraph 3
2394. 4Paragraph 4
2395. 5Paragraph 5
2396. Part 2: SPECIFIED DESCRIPTIONS OF DISCLOSURES
2397. Chapter: (A) UNITED KINGDOM
2398. 1Paragraph 1
2399. 2Paragraph 2
2400. 3Paragraph 3
2401. 4Paragraph 4
2402. 5Paragraph 5
2403. 6Paragraph 6
2404. 7Paragraph 7
2405. 8Paragraph 8
2406. 9Paragraph 9
2407. 10Paragraph 10
2408. 11Paragraph 11
2409. 12Paragraph 12
2410. 13Paragraph 13
2411. 14Paragraph 14
2412. 15Paragraph 15
2413. 16Paragraph 16
2414. 17Paragraph 17
2415. 18Paragraph 18 Repealed
2416. 19Paragraph 19
2417. 20Paragraph 20
2418. 21Paragraph 21
2419. 22Paragraph 22
2420. 23Paragraph 23
2421. 24Paragraph 24
2422. 25Paragraph 25
2423. 26Paragraph 26 Repealed
2424. 27Paragraph 27
2425. 28Paragraph 28
2426. 29Paragraph 29
2427. 30Paragraph 30
2428. 31Paragraph 31
2429. 32Paragraph 32
2430. 33Paragraph 33
2431. 34Paragraph 34
2432. 35Paragraph 35
2433. 36Paragraph 36
2434. 36AParagraph 36A
2435. 37Paragraph 37
2436. 38Paragraph 38 Repealed
2437. 39Paragraph 39
2438. 40Paragraph 40
2439. 41Paragraph 41
2440. 42Paragraph 42
2441. 43Paragraph 43
2442. 44Paragraph 44
2443. 45Paragraph 45
2444. 46Paragraph 46
2445. 47Paragraph 47
2446. 48Paragraph 48
2447. 49Paragraph 49
2448. 50Paragraph 50
2449. 51Paragraph 51
2450. 52Paragraph 52
2451. 53Paragraph 53
2452. Chapter: (B) JERSEY
2453. 1Paragraph 1
2454. 2Paragraph 2
2455. 3Paragraph 3
2456. 4Paragraph 4
2457. 5Paragraph 5
2458. 6Paragraph 6
2459. 7Paragraph 7
2460. 8Paragraph 8
2461. 9Paragraph 9
2462. 10Paragraph 10
2463. 11Paragraph 11
2464. 12Paragraph 12
2465. 13Paragraph 13
2466. Chapter: (C) GUERNSEY
2467. 1Paragraph 1
2468. 2Paragraph 2
2469. 3Paragraph 3
2470. 4Paragraph 4
2471. 5Paragraph 5
2472. 6Paragraph 6
2473. 7Paragraph 7
2474. 8Paragraph 8
2475. Chapter: (D) ISLE OF MAN
2476. 1Paragraph 1
2477. 2Paragraph 2
2478. 3Paragraph 3
2479. 4Paragraph 4
2480. 5Paragraph 5
2481. 6Paragraph 6
2482. 7Paragraph 7
2483. 8Paragraph 8
2484. 9Paragraph 9
2485. 10Paragraph 10
2486. 11Paragraph 11
2487. 12Paragraph 12
2488. 13Paragraph 13
2489. 14Paragraph 14
2490. 15Paragraph 15
2491. 16Paragraph 16
2492. 17Paragraph 17
2493. Chapter: (E) GENERAL
2494. 1Paragraph 1
2495. 2Paragraph 2
2496. 3Paragraph 3
2497. 4Paragraph 4
2498. 5Paragraph 5 Repealed
2499. Part 3: OVERSEAS REGULATORY BODIES
2500. 1Paragraph 1
2501. 2Paragraph 2
2502. Schedule 3: Amendments of remaining provisions of the Companies Act 1985 relating to offences
2503. Failure to give information about interests in shares etc
2504. 1Paragraph 1
2505. Obstruction of rights conferred by a warrant or failure to comply with requirement under section 448
2506. 2Paragraph 2
2507. Wrongful disclosure of information to which section 449 applies
2508. 3Paragraph 3
2509. Destruction, mutilation etc of company documents
2510. 4Paragraph 4
2511. Provision of false information in purported compliance with section 447
2512. 5Paragraph 5
2513. Obstruction of inspector, etc exercising power to enter and remain on premises
2514. 6Paragraph 6
2515. Attempted evasion of restrictions under Part 15
2516. 7Paragraph 7
2517. Schedule 4: Documents and information sent or supplied to a company
2518. Part 1: Introduction
2519. Application of Schedule
2520. 1Paragraph 1
2521. Part 2: Communications in hard copy form
2522. Introduction
2523. 2Paragraph 2
2524. Method of communication in hard copy form
2525. 3Paragraph 3
2526. Address for communications in hard copy form
2527. 4Paragraph 4
2528. Part 2A: Communications in electronic form from the registrar or the Secretary of State
2529. 4AParagraph 4A
2530. Part 3: Communications in electronic form in other cases
2531. Introduction
2532. 5Paragraph 5
2533. Conditions for use of communications in electronic form
2534. 6Paragraph 6
2535. Address for communications in electronic form
2536. 7Paragraph 7
2537. Part 4: Other agreed forms of communication
2538. 8Paragraph 8
2539. Schedule 5: Communications by a company
2540. Part 1: Introduction
2541. Application of this Schedule
2542. 1Paragraph 1
2543. Part 2: Communications in hard copy form
2544. Introduction
2545. 2Paragraph 2
2546. Method of communication in hard copy form
2547. 3Paragraph 3
2548. Address for communications in hard copy form
2549. 4Paragraph 4
2550. Part 3: Communications in electronic form
2551. Introduction
2552. 5Paragraph 5
2553. Agreement to communications in electronic form
2554. 6Paragraph 6
2555. Address for communications in electronic form
2556. 7Paragraph 7
2557. Part 4: Communications by means of a website
2558. Use of website
2559. 8Paragraph 8
2560. Agreement to use of website
2561. 9Paragraph 9
2562. Deemed agreement of members of company etc to use of website
2563. 10Paragraph 10
2564. Deemed agreement of debenture holders to use of website
2565. 11Paragraph 11
2566. Availability of document or information
2567. 12Paragraph 12
2568. Notification of availability
2569. 13Paragraph 13
2570. Period of availability on website
2571. 14Paragraph 14
2572. Part 5: Other agreed forms of communication
2573. 15Paragraph 15
2574. Part 6: Supplementary provisions
2575. Joint holders of shares or debentures
2576. 16Paragraph 16
2577. Death or bankruptcy of holder of shares
2578. 17Paragraph 17
2579. Schedule 6: Meaning of “subsidiary” etc: supplementary provisions
2580. Introduction
2581. 1Paragraph 1
2582. Voting rights in a company
2583. 2Paragraph 2
2584. Right to appoint or remove a majority of the directors
2585. 3Paragraph 3
2586. Rights exercisable only in certain circumstances or temporarily incapable of exercise
2587. 4Paragraph 4
2588. Rights held by one person on behalf of another
2589. 5Paragraph 5
2590. 6Paragraph 6
2591. Rights attached to shares held by way of security
2592. 7Paragraph 7
2593. Rights attributed to holding company
2594. 8Paragraph 8
2595. Disregard of certain rights
2596. 9Paragraph 9
2597. Supplementary
2598. 10Paragraph 10
2599. Schedule 7: Parent and subsidiary undertakings: supplementary provisions
2600. Introduction
2601. 1Paragraph 1
2602. Voting rights in an undertaking
2603. 2Paragraph 2
2604. Right to appoint or remove a majority of the directors
2605. 3Paragraph 3
2606. Right to exercise dominant influence
2607. 4Paragraph 4
2608. Rights exercisable only in certain circumstances or temporarily incapable of exercise
2609. 5Paragraph 5
2610. Rights held by one person on behalf of another
2611. 6Paragraph 6
2612. 7Paragraph 7
2613. Rights attached to shares held by way of security
2614. 8Paragraph 8
2615. Rights attributed to parent undertaking
2616. 9Paragraph 9
2617. Disregard of certain rights
2618. 10Paragraph 10
2619. Supplementary
2620. 11Paragraph 11
2621. Schedule 8Index of defined expressions
2622. Schedule 9: Removal of special provisions about accounts and audit of charitable companies Repealed
2623. Part 1: The Companies Act 1985 (c. 6) Repealed
2624. 1Paragraph 1 Repealed
2625. 2Paragraph 2 Repealed
2626. 3Paragraph 3 Repealed
2627. 4Paragraph 4 Repealed
2628. 5Paragraph 5 Repealed
2629. 6Paragraph 6 Repealed
2630. 7Paragraph 7 Repealed
2631. 8Paragraph 8 Repealed
2632. Part 2: The Companies (Northern Ireland) Order 1986 (S.I. 1986/1032 (N.I. 6) Not yet in force
2633. 9Paragraph 9 Not yet in force
2634. 10Paragraph 10 Not yet in force
2635. 11Paragraph 11 Not yet in force
2636. 12Paragraph 12 Not yet in force
2637. 13Paragraph 13 Not yet in force
2638. 14Paragraph 14 Not yet in force
2639. 15Paragraph 15 Not yet in force
2640. 16Paragraph 16 Not yet in force
2641. Schedule 10: Recognised supervisory bodies
2642. Part 1: Grant and revocation of recognition of a supervisory body
2643. Application for recognition of supervisory body
2644. 1Paragraph 1
2645. Grant and refusal of recognition
2646. 2Paragraph 2
2647. Revocation of recognition
2648. 3Paragraph 3
2649. Transitional provision
2650. 4Paragraph 4
2651. Orders not statutory instruments
2652. 5Paragraph 5
2653. Part 2: Requirements for recognition of a supervisory body
2654. Delegation etc. of tasks by competent authority
2655. 5AParagraph 5A
2656. Consultation
2657. 5BParagraph 5B
2658. Holding of appropriate qualification
2659. 6Paragraph 6
2660. 7Paragraph 7
2661. 7AParagraph 7A
2662. Auditors to be fit and proper persons
2663. 8Paragraph 8
2664. Professional integrity and independence
2665. 9Paragraph 9
2666. Technical standards
2667. 10Paragraph 10
2668. Technical standards for group audits
2669. 10AParagraph 10A
2670. Public interest entity reporting requirements
2671. 10BParagraph 10B Repealed
2672. Public interest entity independence requirements
2673. 10CParagraph 10C
2674. Procedures for maintaining competence
2675. 11Paragraph 11
2676. Monitoring and enforcement
2677. 12Paragraph 12
2678. Monitoring of audits
2679. 13Paragraph 13
2680. Membership, eligibility and enforcement
2681. 14Paragraph 14
2682. Investigation of complaints
2683. 15Paragraph 15
2684. Independent investigation for enforcement purposes
2685. 16Paragraph 16
2686. Transfer of papers to third countries
2687. 16AParagraph 16A
2688. Transfer to approved third country competent authority
2689. 16AAParagraph 16AA
2690. Transfer for purposes of investigation of auditor
2691. 16ABParagraph 16AB
2692. Meeting of claims arising out of audit work
2693. 17Paragraph 17
2694. Register of auditors and other information to be made available
2695. 18Paragraph 18
2696. Taking account of costs of compliance
2697. 19Paragraph 19
2698. Promotion and maintenance of standards
2699. 20Paragraph 20
2700. Supplementary: funding of arrangements
2701. 20ZAParagraph 20ZA
2702. Interpretation
2703. 20AParagraph 20A
2704. Part 3: Arrangements in which recognised supervisory bodies are required to participate Repealed
2705. Arrangements for setting standards relating to professional integrity and independence Repealed
2706. 21Paragraph 21 Repealed
2707. Arrangements for setting technical standards Repealed
2708. 22Paragraph 22 Repealed
2709. Arrangements for setting standards relating to public interest entity reporting requirements Repealed
2710. 22AParagraph 22A Repealed
2711. Arrangements for setting standards relating to public interest entity independence requirements Repealed
2712. 22BParagraph 22B Repealed
2713. Arrangements for independent monitoring of audits of listed companies and other major bodies Repealed
2714. 23Paragraph 23 Repealed
2715. Arrangements for independent monitoring of third country audits Repealed
2716. 23AParagraph 23A Repealed
2717. Arrangements for independent investigation for disciplinary purposes of public interest cases Repealed
2718. 24Paragraph 24 Repealed
2719. Supplementary: arrangements to operate independently of body Repealed
2720. 25Paragraph 25 Repealed
2721. Supplementary: funding of arrangements Repealed
2722. 26Paragraph 26 Repealed
2723. Supplementary: scope of arrangement Repealed
2724. 27Paragraph 27 Repealed
2725. Schedule 11: Recognised professional qualifications
2726. Part 1: Grant and revocation of recognition of a professional qualification
2727. Application for recognition of professional qualification
2728. 1Paragraph 1
2729. Grant and refusal of recognition
2730. 2Paragraph 2
2731. Revocation of recognition
2732. 3Paragraph 3
2733. Transitional provision
2734. 4Paragraph 4
2735. Orders not statutory instruments
2736. 5Paragraph 5
2737. Part 2: Requirements for recognition of a professional qualification
2738. Entry requirements
2739. 6Paragraph 6
2740. Requirement for theoretical instruction or professional experience
2741. 7Paragraph 7
2742. Examination
2743. 8Paragraph 8
2744. Practical training
2745. 9Paragraph 9
2746. Supplementary provision with respect to a sufficient period of professional experience
2747. 10Paragraph 10
2748. The body offering the qualification
2749. 11Paragraph 11
2750. Schedule 11A: Specified persons, descriptions, disclosures etc for the purposes of section 1224A
2751. Part 1: Specified persons
2752. 1Paragraph 1
2753. 2Paragraph 2
2754. 3Paragraph 3
2755. 4Paragraph 4
2756. 5Paragraph 5
2757. 5AParagraph 5A
2758. 6Paragraph 6
2759. 7Paragraph 7
2760. 8Paragraph 8
2761. 9Paragraph 9
2762. 10Paragraph 10
2763. 11Paragraph 11
2764. 12Paragraph 12
2765. 13Paragraph 13
2766. 14Paragraph 14
2767. 15Paragraph 15
2768. 16Paragraph 16
2769. 17Paragraph 17
2770. 17AParagraph 17A
2771. 17BParagraph 17B
2772. 17CParagraph 17C
2773. 17DParagraph 17D
2774. Part 2: Specified descriptions of disclosures
2775. 18Paragraph 18
2776. 19Paragraph 19
2777. 20Paragraph 20
2778. 21Paragraph 21
2779. 22Paragraph 22
2780. 23Paragraph 23
2781. 24Paragraph 24
2782. 25Paragraph 25
2783. 26Paragraph 26
2784. 27Paragraph 27
2785. 28Paragraph 28
2786. 29Paragraph 29
2787. 30Paragraph 30
2788. 31Paragraph 31
2789. 32Paragraph 32
2790. 33Paragraph 33
2791. 34Paragraph 34
2792. 35Paragraph 35
2793. 36Paragraph 36
2794. 37Paragraph 37
2795. 38Paragraph 38
2796. 39Paragraph 39
2797. 40Paragraph 40 Repealed
2798. 41Paragraph 41
2799. 42Paragraph 42
2800. 43Paragraph 43
2801. 44Paragraph 44
2802. 45Paragraph 45
2803. 46Paragraph 46
2804. 47Paragraph 47
2805. 48Paragraph 48
2806. 49Paragraph 49
2807. 50Paragraph 50
2808. 51Paragraph 51
2809. 51AParagraph 51A
2810. 52Paragraph 52
2811. 53Paragraph 53 Repealed
2812. 54Paragraph 54
2813. 55Paragraph 55
2814. 56Paragraph 56
2815. 57Paragraph 57
2816. 58Paragraph 58
2817. 59Paragraph 59
2818. 60Paragraph 60
2819. 61Paragraph 61
2820. 62Paragraph 62
2821. 63Paragraph 63
2822. 64Paragraph 64 Repealed
2823. 65Paragraph 65
2824. 66Paragraph 66
2825. 67Paragraph 67
2826. 68Paragraph 68
2827. 69Paragraph 69
2828. 70Paragraph 70
2829. 71Paragraph 71
2830. 72Paragraph 72
2831. 73Paragraph 73
2832. 74Paragraph 74
2833. 75Paragraph 75
2834. 76Paragraph 76
2835. 77Paragraph 77
2836. 78Paragraph 78
2837. Part 3: Overseas regulatory bodies
2838. 79Paragraph 79
2839. 80Paragraph 80
2840. Schedule 12: Arrangements in which registered third country auditors are required to participate
2841. Arrangements for independent monitoring of audits of UK-traded third country companies
2842. 1Paragraph 1
2843. Arrangements for independent investigations for disciplinary purposes
2844. 2Paragraph 2
2845. Supplementary: arrangements to operate independently of third country auditor
2846. 3Paragraph 3
2847. Supplementary: funding of arrangements
2848. 4Paragraph 4
2849. Supplementary: scope of arrangements
2850. 5Paragraph 5
2851. Specification of particular arrangements by the Secretary of State
2852. 6Paragraph 6
2853. Schedule 13: Supplementary provisions with respect to delegation order
2854. Operation of this Schedule
2855. 1Paragraph 1
2856. Status
2857. 2Paragraph 2
2858. Name, members and chairman
2859. 3Paragraph 3
2860. Financial provisions
2861. 4Paragraph 4
2862. Proceedings
2863. 5Paragraph 5
2864. Fees
2865. 6Paragraph 6
2866. Legislative functions
2867. 7Paragraph 7
2868. 8Paragraph 8
2869. 9Paragraph 9
2870. Report and accounts
2871. 10Paragraph 10
2872. Other supplementary provisions
2873. 11Paragraph 11
2874. 12Paragraph 12
2875. 13Paragraph 13
2876. Schedule 14: Statutory auditors: consequential amendments
2877. Companies (Audit, Investigations and Community Enterprise) Act 2004 (c. 27)
2878. 1Paragraph 1
2879. Schedule 15: Transparency obligations and related matters: minor and consequential amendments
2880. Part 1: Amendments of the Financial Services and Markets Act 2000
2881. 1Paragraph 1
2882. 2Paragraph 2 Repealed
2883. 3Paragraph 3
2884. 4Paragraph 4
2885. 5Paragraph 5
2886. 6Paragraph 6
2887. 7Paragraph 7
2888. 8Paragraph 8
2889. 9Paragraph 9 Repealed
2890. 10Paragraph 10
2891. 11Paragraph 11
2892. 12Paragraph 12
2893. Part 2: Amendments of the Companies (Audit, Investigations and Community Enterprise) Act 2004
2894. 13Paragraph 13
2895. 14Paragraph 14
2896. 15Paragraph 15
2897. Schedule 16Repeals