Companies Act 2006
Companies Act 2006 is up to date with all changes known to be in force on or before 20 September 2024. There are changes that may be brought into force at a future date.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the affected provisions when you open the content using the Table of Contents below.
Changes and effects yet to be applied to :
- Pt. 3 Ch. 3 excluded by 2008 c. 12 (N.I.)s. 112(7)
- s. 155 omitted by 2015 c. 26s. 87(2)
- s. 156(1) words substituted by 2015 c. 26s. 87(3)(a)
- s. 156(4) words substituted by 2015 c. 26s. 87(3)(b)
- s. 394C(2)(b) substituted by S.I. 2019/145Sch. 2para. 6(a) (This amendment not applied to legislation.gov.uk. Sch. 2 para. 6(a) substituted immediately before IP completion day by S.I. 2019/1392, regs. 1(2), 10(a))
- s. 414A(5) applied by S.I. 2008/373, reg. 4A(2) (as inserted) by S.I. 2013/1971reg. 5 (This amendment not applied to legislation.gov.uk. Amending Regulations revoked (1.10.2013) without ever being in force by S.I. 2013/2224, reg. 2)
- s. 414D(1) (2) applied (with modifications) by S.I. 2008/373, reg. 4A(1) (as inserted) by S.I. 2013/1971reg. 5 (This amendment not applied to legislation.gov.uk. Amending Regulations revoked (1.10.2013) without ever being in force by S.I. 2013/2224, reg. 2)
- s. 422A applied (with modifications) by S.I. 2008/373, reg. 6A (as inserted) by S.I. 2013/1971reg. 6 (This amendment not applied to legislation.gov.uk. Amending Regulations revoked (1.10.2013) without ever being in force by S.I. 2013/2224, reg. 2)
- s. 448C(2)(b) substituted by S.I. 2019/145Sch. 2para. 14(a) (This amendment not applied to legislation.gov.uk. Sch. 2 para. 14(a) substituted immediately before IP completion day by S.I. 2019/1392, regs. 1(2), 10(b))
- s. 474(1) word substituted by S.I. 2017/1255reg. 7(b) (The effect has not been applied because paragraph (c) of the definition in which the substitution of the word takes place was itself fully substituted on the same date.)
- s. 479A amendment to earlier affecting provision S.I. 2008/1911, reg. 34A by S.I. 2019/177reg. 50(b) (This amendment not applied to legislation.gov.uk. Reg. 50(b) substituted by reg. 50(b)(c) immediately before IP completion day by S.I. 2019/1392, regs. 1(2), 7)
- s. 479A(1)(b) words inserted by S.I. 2019/177reg. 4(a) (This amendment not applied to legislation.gov.uk. Reg. 4 substituted by regs. 4, 4A immediately before IP completion day by S.I. 2019/1392, regs. 1(2), 4)
- s. 479A(2)(c)(i) words inserted by S.I. 2019/177reg. 4(b)(ii) (This amendment not applied to legislation.gov.uk. Reg. 4 substituted by regs. 4, 4A immediately before IP completion day by S.I. 2019/1392, regs. 1(2), 4)
- s. 495(2) - (4) applied (with modifications) by 2009 c. 20s. 44(2)(b)
- s. 495(2) - (4) applied (with modifications) by 2009 c. 20s. 44(3)(b)
- s. 496 - 501 applied (with modifications) by 2009 c. 20s. 44(2)(b)
- s. 498 - 501 applied (with modifications) by 2009 c. 20s. 44(3)(b)
- s. 834(5) words inserted by 2009 c. 10Sch. 22para. 11(4)
- s. 854 - 859 amendment to earlier affecting provision S.I. 2009/2436, Sch. 2 para 13(1) by S.I. 2017/693reg. 34
- s. 1095 amendment to earlier affecting provision S.I. 2004/2326, Sch. 1A para. 5 by S.I. 2024/410Sch. 2para. 2(2)(b)
- s. 1181 heading words omitted by 2024 c. 22Sch. 9para. 13(a)
- s. 1181(1)(a) omitted by 2024 c. 22Sch. 9para. 13(b)
- s. 1181(4) words omitted by 2024 c. 22Sch. 9para. 13(c)
- s. 1253D(2)(f) omitted by S.I. 2010/2537reg. 4(1) (This amendment not applied to legislation.gov.uk. Regs. 1(3) and 4 revoked (17.6.2016) without ever being in force by S.I. 2016/649, reg. 22. Reg. 1(3) was previously substituted by S.I. 2013/1672, reg. 13 thereby changing the commencement date for this amendment to 1.8.2016.)
- s. 1253D(2)(g) omitted by S.I. 2010/2537reg. 4(1) (This amendment not applied to legislation.gov.uk. Regs. 1(3) and 4 revoked (17.6.2016) without ever being in force by S.I. 2016/649, reg. 22. Reg. 1(3) was previously substituted by S.I. 2013/1672, reg. 13 thereby changing the commencement date for this amendment to 1.8.2016.)
- s. 1253E(8) words substituted by S.I. 2010/2537reg. 4(3)(a) (This amendment not applied to legislation.gov.uk. Regs. 1(3) and 4 revoked (17.6.2016) without ever being in force by S.I. 2016/649, reg. 22. Reg. 1(3) was previously substituted by S.I. 2013/1672, reg. 13 thereby changing the commencement date for this amendment to 1.8.2016.)
- s. 1253E(8)(a) words substituted by S.I. 2010/2537reg. 4(3)(b) (This amendment not applied to legislation.gov.uk. Regs. 1(3) and 4 revoked (17.6.2016) without ever being in force by S.I. 2016/649, reg. 22. Reg. 1(3) was previously substituted by S.I. 2013/1672, reg. 13 thereby changing the commencement date for this amendment to 1.8.2016.)
- s. 1253DE(1)(a) words substituted by S.I. 2010/2537reg. 4(2)(a) (This amendment not applied to legislation.gov.uk. Regs. 1(3) and 4 revoked (17.6.2016) without ever being in force by S.I. 2016/649, reg. 22. Reg. 1(3) was previously substituted by S.I. 2013/1672, reg. 13 thereby changing the commencement date for this amendment to 1.8.2016.)
- s. 1253DE(1)(c) words substituted by S.I. 2010/2537reg. 4(2)(b) (This amendment not applied to legislation.gov.uk. Regs. 1(3) and 4 revoked (17.6.2016) without ever being in force by S.I. 2016/649, reg. 22. Reg. 1(3) was previously substituted by S.I. 2013/1672, reg. 13 thereby changing the commencement date for this amendment to 1.8.2016.)
- Sch. 1 para. 6(4) words inserted by 2008 c. 12 (N.I.)Sch. 8para. 13(6)
- Sch. 10 para. 6(1)(c) substituted by S.I. 2019/177reg. 28(a) (This amendment not applied to legislation.gov.uk. Reg. 28(a) substituted immediately before IP completion day by S.I. 2020/523, regs. 1(2), 14(e)(ii))
- Sch. 10 para. 7(2)(a)(ii) words omitted by S.I. 2019/177reg. 29(a) (This amendment not applied to legislation.gov.uk. Reg. 29 substituted immediately before IP completion day by S.I. 2020/523, regs. 1(2), 14(f))
- Sch. 10 para. 7(2)(b)(ii) words omitted by S.I. 2019/177reg. 29(a) (This amendment not applied to legislation.gov.uk. Reg. 29 substituted immediately before IP completion day by S.I. 2020/523, regs. 1(2), 14(f))
- Sch. 11A para. 42 words substituted by 2024 c. 13Sch. 18para. 9(3)(a)
- Sch. 11A para. 51 words substituted by 2024 c. 13Sch. 18para. 9(3)(b)
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
- Act amendment to earlier affecting provision S.I. 2008/373 reg. 11(1) by S.I. 2013/1971reg. 9(a) (This amendment not applied to legislation.gov.uk. Amending Regulations revoked (1.10.2013) without ever being in force by S.I. 2013/2224, reg. 2)
- Act amendment to earlier affecting provision S.I. 2008/373 reg. 3(4) by S.I. 2013/1971reg. 4 (This amendment not applied to legislation.gov.uk. Amending Regulations revoked (1.10.2013) without ever being in force by S.I. 2013/2224, reg. 2)
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
- s. 479A(2)(c)(zi) inserted by S.I. 2019/177reg. 4(b)(i) (This amendment not applied to legislation.gov.uk. Reg. 4 substituted by regs. 4, 4A immediately before IP completion day by S.I. 2019/1392, regs. 1(2), 4)
- Sch. 2 Pt. 2 Section (A) para. 25(m) inserted by 2024 c. 13Sch. 30para. 30
- Sch. 2 Pt. 2 Section (A) para. 25(j) omitted by 2024 c. 13Sch. 21para. 10
- Sch. 2 Pt. 2 Section (A) para. 28 words substituted by 2024 c. 13Sch. 18para. 9(2)(a)(i)
- Sch. 2 Pt. 2 Section (A) para. 29 words substituted by 2024 c. 13Sch. 18para. 9(2)(a)(ii)
- Sch. 2 Pt. 2 Section (A) para. 36 words substituted by 2024 c. 13Sch. 18para. 9(2)(b)
- Sch. 10 para. 6(2D) inserted by S.I. 2019/177reg. 28(e) (This amendment not applied to legislation.gov.uk. Reg. 28(e) omitted immediately before IP completion day by virtue of S.I. 2020/523, regs. 1(2), 14(e)(iv))
- Sch. 10 para. 7(2A) inserted by S.I. 2019/177reg. 29(b) (This amendment not applied to legislation.gov.uk. Reg. 29 substituted immediately before IP completion day by S.I. 2020/523, regs. 1(2), 14(f))
- Introductory Text
- Part 1 General introductory provisions
- Companies and Companies Acts
- 1.Companies
- 2.The Companies Acts
- 3.Limited and unlimited companies
- 4.Private and public companies
- 5.Companies limited by guarantee and having share capital
- 6.Community interest companies
- General
- 7.Method of forming company
- 8.Memorandum of association
- 9.Registration documents
- 9A.Required information about the subscribers
- 10.Statement of capital and initial shareholdings
- 11.Statement of guarantee
- 12.Statement of proposed officers
- 12A.Statement of initial significant control
- 12B.Option to provide ID verification information about PSCs
- 13.Statement of compliance
- 14.Registration
- 15.Issue of certificate of incorporation
- 16.Effect of registration
- Chapter 1 Introductory
- 17.A company's constitution
- General
- 18.Articles of association
- 19.Power of Secretary of State to prescribe model articles
- 20.Default application of model articles
- 21.Amendment of articles
- 22.Entrenched provisions of the articles
- 23.Notice to registrar of existence of restriction on amendment of articles
- 24.Statement of compliance where amendment of articles restricted
- 25.Effect of alteration of articles on company's members
- 26.Registrar to be sent copy of amended articles
- 27.Registrar's notice to comply in case of failure with respect to amended articles
- 28.Existing companies: provisions of memorandum treated as provisions of articles
- 29.Resolutions and agreements affecting a company's constitution
- 30.Copies of resolutions or agreements to be forwarded to registrar
- Statement of company's objects
- 31.Statement of company's objects
- 32.Constitutional documents to be provided to members
- 33.Effect of company's constitution
- 34.Notice to registrar where company's constitution altered by enactment
- 35.Notice to registrar where company's constitution altered by order
- 36.Documents to be incorporated in or accompany copies of articles issued by company
- 37.Right to participate in profits otherwise than as member void
- 38.Application to single member companies of enactments and rules of law
- Capacity of company and power of directors to bind it
- 39.A company's capacity
- 40.Power of directors to bind the company
- 41.Constitutional limitations: transactions involving directors or their associates
- 42.Constitutional limitations: companies that are charities
- 43.Company contracts
- 44.Execution of documents
- 45.Common seal
- 46.Execution of deeds
- 47.Execution of deeds or other documents by attorney
- 48.Execution of documents by companies
- 49.Official seal for use abroad
- 50.Official seal for share certificates etc
- 51.Pre-incorporation contracts, deeds and obligations
- 52.Bills of exchange and promissory notes
- Chapter 1 General requirements
- Prohibited names
- 53.Prohibited names
- 53A.Names for criminal purposes
- 54.Names suggesting connection with government or public authority
- 55.Other sensitive words or expressions
- 56.Duty to seek comments of government department or other specified body
- 56A.Names suggesting connection with foreign governments etc
- 57.Permitted characters etc
- 57A.Names containing computer code
- 57B.Prohibition on re-registering name following direction
- 57C.Name that another company has been directed to change
- Required indications for limited companies
- 58.Public limited companies
- 59.Private limited companies
- 60.Exemption from requirement as to use of “limited”
- 61.Continuation of existing exemption: companies limited by shares
- 62.Continuation of existing exemption: companies limited by guarantee
- 63.Exempt company: restriction on amendment of articles
- 64.Power to direct change of name in case of company ceasing to be entitled to exemption
- 65.Inappropriate use of indications of company type or legal form
- Similarity to other name on registrar's index
- 66.Name not to be the same as another in the index
- 67.Power to direct change of name in case of similarity to existing name
- 68.Direction to change name: supplementary provisions
- 69.Objection to company's registered name
- 70.Company names adjudicators
- 71.Procedural rules
- 72.Decision of adjudicator to be made available to public
- 73.Order requiring name to be changed
- 74.Appeal from adjudicator's decision
- Provision of misleading information
- 75.Provision of misleading information etc
- 76.Misleading indication of activities
- 76A.Power to direct change of name used for criminal purposes
- 76B.Direction to change name wrongly registered
- 76C.Registrar’s power to change name containing computer code
- 76D.Registrar’s power to change name for failure to comply with direction
- 76E.Exceptions based on national security etc
- 77.Change of name
- 78.Change of name by special resolution
- 79.Change of name by means provided for in company's articles
- 80.Change of name: registration and issue of new certificate of incorporation
- 81.Change of name: effect
- 82.Requirement to disclose company name etc
- 83.Civil consequences of failure to make required disclosure
- 84.Criminal consequences of failure to make required disclosures
- 85.Minor variations in form of name to be left out of account
- General
- 86.Duty to ensure registered office at appropriate address
- 87.Change of address of registered office
- 88.Welsh companies
- 88A.Duty to maintain a registered email address
- 88B.Change of registered email address
- Introductory
- 89.Alteration of status by re-registration
- 90.Re-registration of private company as public
- 91.Requirements as to share capital
- 92.Requirements as to net assets
- 93.Recent allotment of shares for non-cash consideration
- 94.Application and accompanying documents
- 95.Statement of proposed secretary
- 96.Issue of certificate of incorporation on re-registration
- 97.Re-registration of public company as private limited company
- 98.Application to court to cancel resolution
- 99.Notice to registrar of court application or order
- 100.Application and accompanying documents
- 101.Issue of certificate of incorporation on re-registration
- 102.Re-registration of private limited company as unlimited
- 103.Application and accompanying documents
- 104.Issue of certificate of incorporation on re-registration
- 105.Re-registration of unlimited company as limited
- 106.Application and accompanying documents
- 107.Issue of certificate of incorporation on re-registration
- 108.Statement of capital required where company already has share capital
- 109.Re-registration of public company as private and unlimited
- 110.Application and accompanying documents
- 111.Issue of certificate of incorporation on re-registration
- Chapter 1 The members of a company
- 112.The members of a company
- Duty to keep register
- 112A.Alternative method of record-keeping
- 113.Register of members
- 113A.Required information about members: individuals
- 113B.Required information about members: corporate members and firms
- 113C.Power to amend the required information
- 113D.Duty on new members to notify required information
- 113E.Duty on member to notify changes to required information
- 113F.Power for company to require information from members
- 113G.Failure to comply with section 113D, 113E or 113F
- 113H.Basic false statement offences in connection with sections 113D to 113F
- 113I.Aggravated false statement offences in connection with sections 113D to 113F
- 113J.Index of members
- 114.Register to be kept available for inspection
- 115.Index of members
- 116.Rights to inspect and require copies
- 117.Register of members: response to request for inspection or copy
- 118.Register of members: refusal of inspection or default in providing copy
- 119.Register of members: offences in connection with request for or disclosure of information
- 120.Information as to state of register and index
- 120A.Power to make regulations protecting material
- 120B.Offence of failing to comply with regulations under section 120A
- 121.Removal of entries relating to former members
- 122.Share warrants
- 123.Single member companies
- 124.Company holding its own shares as treasury shares
- 125.Power of court to rectify register
- 126.Trusts not to be entered on register
- 127.Register to be evidence
- 128.Time limit for claims arising from entry in register
- 128ZA.Transitional provision where information kept on central register
- 128A.Introduction
- 128B.Right to make an election
- 128C.Effective date of election
- 128D.Effect of election on obligations under Chapter 2
- 128E.Duty to notify registrar of changes
- 128F.Information as to state of central register
- 128G.Power of court to order company to remedy default or delay
- 128H.Central register to be evidence
- 128I.Time limits for claims arising from delivery to registrar
- 128J.Withdrawing the election
- 128K.Power to extend option to public companies
- 129.Overseas branch registers
- 130.Notice of opening of overseas branch register
- 131.Keeping of overseas branch register
- 132.Register or duplicate to be kept available for inspection in UK
- 133.Transactions in shares registered in overseas branch register
- 134.Jurisdiction of local courts
- 135.Discontinuance of overseas branch register
- General prohibition
- 136.Prohibition on subsidiary being a member of its holding company
- 137.Shares acquired before prohibition became applicable
- 138.Subsidiary acting as personal representative or trustee
- 139.Interests to be disregarded: residual interest under pension scheme or employees' share scheme
- 140.Interests to be disregarded: employer's rights of recovery under pension scheme or employees' share scheme
- 141.Subsidiary acting as authorised dealer in securities
- 142.Protection of third parties in other cases where subsidiary acting as dealer in securities
- 143.Application of provisions to companies not limited by shares
- 144.Application of provisions to nominees
- Effect of provisions in company's articles
- 145.Effect of provisions of articles as to enjoyment or exercise of members' rights
- 146.Traded companies: nomination of persons to enjoy information rights
- 147.Information rights: form in which copies to be provided
- 148.Termination or suspension of nomination
- 149.Information as to possible rights in relation to voting
- 150.Information rights: status of rights
- 151.Information rights: power to amend
- 152.Exercise of rights where shares held on behalf of others: exercise in different ways
- 153.Exercise of rights where shares held on behalf of others: members' requests
- Chapter 1 Appointment and removal of directors
- Requirement to have directors
- 154.Companies required to have directors
- 155.Companies required to have at least one director who is a natural person
- 156.Direction requiring company to make appointment
- 156A.Each director to be a natural person
- 156B.Power to provide for exceptions from requirement that each director be a natural person
- 156C.Existing director who is not a natural person
- 157.Minimum age for appointment as director
- 158.Power to provide for exceptions from minimum age requirement
- 159..Existing under-age directors
- 159A.Disqualified person not to be appointed as director
- 160.Appointment of directors of public company to be voted on individually
- 161.Validity of acts of directors
- 161A.Alternative method of record-keeping
- 162.Register of directors
- 163.Particulars of directors to be registered: individuals
- 164.Particulars of directors to be registered: corporate directors and firms
- 165.Register of directors' residential addresses
- 166.Particulars of directors to be registered: power to make regulations
- 167.Duty to notify registrar of changes
- 167A.Right to make an election
- 167B.Effective date of election
- 167C.Effect of election on obligations under sections 162 to 167
- 167D.Duty to notify registrar of changes
- 167E.Withdrawing the election
- 167F.Power to extend option to public companies
- 167G.Duty to notify registrar of change in directors
- 167H.Duty to notify registrar of changes of information
- 167I.Notification of changes occurring before company’s incorporation
- 167J.Required information about a director: individuals
- 167K.Required information about a director: corporate directors and firms
- 167L.Directors: offence of failure to notify of changes
- 167M.Prohibition on director acting unless ID verified
- 167N.Prohibition on acting unless directorship notified
- 168.Resolution to remove director
- 169.Director's right to protest against removal
- 169A.Removal from office of disqualified directors
- Introductory
- 170.Scope and nature of general duties
- 171.Duty to act within powers
- 172.Duty to promote the success of the company
- 173.Duty to exercise independent judgment
- 174.Duty to exercise reasonable care, skill and diligence
- 175.Duty to avoid conflicts of interest
- 176.Duty not to accept benefits from third parties
- 177.Duty to declare interest in proposed transaction or arrangement
- 178.Civil consequences of breach of general duties
- 179.Cases within more than one of the general duties
- 180.Consent, approval or authorisation by members
- 181.Modification of provisions in relation to charitable companies
- 182.Declaration of interest in existing transaction or arrangement
- 183.Offence of failure to declare interest
- 184.Declaration made by notice in writing
- 185.General notice treated as sufficient declaration
- 186.Declaration of interest in case of company with sole director
- 187.Declaration of interest in existing transaction by shadow director
- Service contracts
- 188.Directors' long-term service contracts: requirement of members' approval
- 189.Directors' long-term service contracts: civil consequences of contravention
- 190.Substantial property transactions: requirement of members' approval
- 191.Meaning of “substantial”
- 192.Exception for transactions with members or other group companies
- 193.Exception in case of company in winding up or administration
- 194.Exception for transactions on recognised investment exchange
- 195.Property transactions: civil consequences of contravention
- 196.Property transactions: effect of subsequent affirmation
- 197.Loans to directors: requirement of members' approval
- 198.Quasi-loans to directors: requirement of members' approval
- 199.Meaning of “quasi-loan” and related expressions
- 200.Loans or quasi-loans to persons connected with directors: requirement of members' approval
- 201.Credit transactions: requirement of members' approval
- 202.Meaning of “credit transaction”
- 203.Related arrangements: requirement of members' approval
- 204.Exception for expenditure on company business
- 205.Exception for expenditure on defending proceedings etc
- 206.Exception for expenditure in connection with regulatory action or investigation
- 207.Exceptions for minor and business transactions
- 208.Exceptions for intra-group transactions
- 209.Exceptions for money-lending companies
- 210.Other relevant transactions or arrangements
- 211.The value of transactions and arrangements
- 212.The person for whom a transaction or arrangement is entered into
- 213.Loans etc: civil consequences of contravention
- 214.Loans etc: effect of subsequent affirmation
- 215.Payments for loss of office
- 216.Amounts taken to be payments for loss of office
- 217.Payment by company: requirement of members' approval
- 218.Payment in connection with transfer of undertaking etc: requirement of members' approval
- 219.Payment in connection with share transfer: requirement of members' approval
- 220.Exception for payments in discharge of legal obligations etc
- 221.Exception for small payments
- 222.Payments made without approval: civil consequences
- 223.Transactions requiring members' approval: application of provisions to shadow directors
- 224.Approval by written resolution: accidental failure to send memorandum
- 225.Cases where approval is required under more than one provision
- 226.Requirement of consent of Charity Commission: companies that are charities
- Interpretation
- 226A.Key definitions
- 226B.Remuneration payments
- 226C.Loss of office payments
- 226D.Sections 226B and 226C: supplementary
- 226E.Payments made without approval: civil consequences
- 226F.Relationship with requirements under Chapter 4
- 227.Directors' service contracts
- 228.Copy of contract or memorandum of terms to be available for inspection
- 229.Right of member to inspect and request copy
- 230.Directors' service contracts: application of provisions to shadow directors
- 231.Contract with sole member who is also a director
- Provision protecting directors from liability
- 232.Provisions protecting directors from liability
- 233.Provision of insurance
- 234.Qualifying third party indemnity provision
- 235.Qualifying pension scheme indemnity provision
- 236.Qualifying indemnity provision to be disclosed in directors' report
- 237.Copy of qualifying indemnity provision to be available for inspection
- 238.Right of member to inspect and request copy
- 239.Ratification of acts of directors
- 240.Protected information
- 241.Protected information: restriction on use or disclosure by company
- 242.Protected information: restriction on . disclosure by registrar
- 243.Permitted . disclosure by the registrar
- 244.Disclosure under court order
- 245.Circumstances in which registrar may put address on the public record
- 246.Putting the address on the public record
- Provision for employees on cessation or transfer of business
- 247.Power to make provision for employees on cessation or transfer of business
- 248.Minutes of directors' meetings
- 249.Minutes as evidence
- 250.“Director”
- 251.“Shadow director”
- 252.Persons connected with a director
- 253.Members of a director's family
- 254.Director “connected with” a body corporate
- 255.Director “controlling” a body corporate
- 256.Associated bodies corporate
- 257.References to company's constitution
- 258.Power to increase financial limits
- 259.Transactions under foreign law
- Chapter 1 Derivative claims in England and Wales or Northern Ireland
- 260.Derivative claims
- 261.Application for permission to continue derivative claim
- 262.Application for permission to continue claim as a derivative claim
- 263.Whether permission to be given
- 264.Application for permission to continue derivative claim brought by another member
- 265.Derivative proceedings
- 266.Requirement for leave and notice
- 267.Application to continue proceedings as derivative proceedings
- 268.Granting of leave
- 269.Application by member to be substituted for member pursuing derivative proceedings
- Private companies
- 270.Private company not required to have secretary
- 271.Public company required to have secretary
- 272.Direction requiring public company to appoint secretary
- 273.Qualifications of secretaries of public companies
- 274.Discharge of functions where office vacant or secretary unable to act
- 274A.Alternative method of record-keeping
- 275.Duty to keep register of secretaries
- 276.Duty to notify registrar of changes
- 277.Particulars of secretaries to be registered: individuals
- 278.Particulars of secretaries to be registered: corporate secretaries and firms
- 279.Particulars of secretaries to be registered: power to make regulations
- 279A.Right to make an election
- 279B.Effective date of election
- 279C.Effect of election on obligations under sections 275 and 276
- 279D.Duty to notify registrar of changes
- 279E.Withdrawing the election
- 279F.Power to extend option to public companies
- 279G.Duty to notify registrar of change in secretary or joint secretary
- 279H.Duty to notify registrar of changes of information
- 279I.Notification of changes occurring before company’s incorporation
- 279J.Required information about a secretary etc: individuals
- 279K.Required information about a secretary etc: corporate secretaries and firms
- 279L.Firms all of whose partners are joint secretaries
- 279M.Secretary or joint secretary: offence of failure to notify of changes
- 280.Acts done by person in dual capacity
- Chapter 1 General provisions about resolutions
- 281.Resolutions
- 282.Ordinary resolutions
- 283.Special resolutions
- 284.Votes: general rules
- 285.Voting by proxy
- 285A.Voting rights on poll or written resolution
- 286.Votes of joint holders of shares
- 287.Saving for provisions of articles as to determination of entitlement to vote
- General provisions about written resolutions
- 288.Written resolutions of private companies
- 289.Eligible members
- 290.Circulation date
- 291.Circulation of written resolutions proposed by directors
- 292.Members' power to require circulation of written resolution
- 293.Circulation of written resolution proposed by members
- 294.Expenses of circulation
- 295.Application not to circulate members' statement
- 296.Procedure for signifying agreement to written resolution
- 297.Period for agreeing to written resolution
- 298.Sending documents relating to written resolutions by electronic means
- 299.Publication of written resolution on website
- 300.Relationship between this Chapter and provisions of company's articles
- General provisions about resolutions at meetings
- 301.Resolutions at general meetings
- 302.Directors' power to call general meetings
- 303.Members' power to require directors to call general meeting
- 304.Directors' duty to call meetings required by members
- 305.Power of members to call meeting at company's expense
- 306.Power of court to order meeting
- 307.Notice required of general meeting
- 307A.Notice required of general meeting: certain meetings of traded companies
- 308.Manner in which notice to be given
- 309.Publication of notice of meeting on website
- 310.Persons entitled to receive notice of meetings
- 311.Contents of notices of meetings
- 311A.Traded companies: publication of information in advance of general meeting
- 312.Resolution requiring special notice
- 313.Accidental failure to give notice of resolution or meeting
- 314.Members' power to require circulation of statements
- 315.Company's duty to circulate members' statement
- 316.Expenses of circulating members' statement
- 317.Application not to circulate members' statement
- 318.Quorum at meetings
- 319.Chairman of meeting
- 319A.Traded companies: questions at meetings
- 320.Declaration by chairman on a show of hands
- 321.Right to demand a poll
- 322.Voting on a poll
- 322A.Voting on a poll: votes cast in advance
- 323.Representation of corporations at meetings
- 324.Rights to appoint proxies
- 324A.Obligation of proxy to vote in accordance with instructions
- 325.Notice of meeting to contain statement of rights
- 326.Company-sponsored invitations to appoint proxies
- 327.Notice required of appointment of proxy etc
- 328.Chairing meetings
- 329.Right of proxy to demand a poll
- 330.Notice required of termination of proxy's authority
- 331.Saving for more extensive rights conferred by articles
- 332.Resolution passed at adjourned meeting
- 333.Sending documents relating to meetings etc in electronic form
- 333A.Traded company: duty to provide electronic address for receipt of proxies etc
- 334.Application to class meetings
- 335.Application to class meetings: companies without a share capital
- 336.Public companies and traded companies: annual general meeting
- 337.Public companies and traded companies: notice of AGM
- 338.Public companies: members' power to require circulation of resolutions for AGMs
- 338A.Traded companies: members' power to include other matters in business dealt with at AGM
- 339.Public companies: company's duty to circulate members' resolutions for AGMs
- 340.Public companies: expenses of circulating members' resolutions for AGM
- 340A.Traded companies: duty to circulate members' matters for AGM
- 340B.Traded companies: expenses of circulating members' matters to be dealt with at AGM
- Website publication of poll results
- 341.Results of poll to be made available on website
- 342.Members' power to require independent report on poll
- 343.Appointment of independent assessor
- 344.Independence requirement
- 345.Meaning of “associate”
- 346.Effect of appointment of a partnership
- 347.The independent assessor's report
- 348.Rights of independent assessor: right to attend meeting etc
- 349.Rights of independent assessor: right to information
- 350.Offences relating to provision of information
- 351.Information to be made available on website
- 352.Application of provisions to class meetings
- 353.Requirements as to website availability
- 354.Power to limit or extend the types of company to which provisions of this Chapter apply
- 355.Records of resolutions and meetings etc
- 356.Records as evidence of resolutions etc
- 357.Records of decisions by sole member
- 358.Inspection of records of resolutions and meetings
- 359.Records of resolutions and meetings of class of members
- 360.Computation of periods of notice etc: clear day rule
- 360A.Electronic meetings and voting
- 360AA.Traded companies: confirmation of receipt of electronic voting
- 360B.Traded companies: requirements for participating in and voting at general meetings
- 360BA.Traded companies: right to confirmation of vote after a general meeting
- 360C.Meaning of “traded company”
- 361.Meaning of “quoted company”
- Introductory
- 362.Introductory
- 363.Political parties, organisations etc to which this Part applies
- 364.Meaning of “political donation”
- 365.Meaning of “political expenditure”
- 366.Authorisation required for donations or expenditure
- 367.Form of authorising resolution
- 368.Period for which resolution has effect
- 369.Liability of directors in case of unauthorised donation or expenditure
- 370.Enforcement of directors' liabilities by shareholder action
- 371.Enforcement of directors' liabilities by shareholder action: supplementary
- 372.Costs of shareholder action
- 373.Information for purposes of shareholder action
- 374.Trade unions
- 375.Subscription for membership of trade association
- 376.All-party parliamentary groups
- 377.Political expenditure exempted by order
- 378.Donations not amounting to more than £5,000 in any twelve month period
- 379.Minor definitions
- Chapter 1 Introduction
- General
- 380.Scheme of this Part
- 381.Companies subject to the small companies regime
- 382.Companies qualifying as small: general
- 383.Companies qualifying as small: parent companies
- 384.Companies excluded from the small companies regime
- 384A.Companies qualifying as micro-entities
- 384B.Companies excluded from being treated as micro-entities
- 385.Quoted and unquoted companies
- 386.Duty to keep accounting records
- 387.Duty to keep accounting records: offence
- 388.Where and for how long records to be kept
- 389.Where and for how long records to be kept: offences
- 390.A company's financial year
- 391.Accounting reference periods and accounting reference date
- 392.Alteration of accounting reference date
- General
- 393.Accounts to give true and fair view
- 394.Duty to prepare individual accounts
- 394A.Individual accounts: exemption for dormant subsidiaries
- 394B.Companies excluded from the dormant subsidiaries exemption
- 394C.Dormant subsidiaries exemption: parent undertaking declaration of guarantee
- 395.Individual accounts: applicable accounting framework
- 396.Companies Act individual accounts
- 397.IAS individual accounts
- 398.Option to prepare group accounts
- 399.Duty to prepare group accounts
- 400.Exemption for company included in UK group accounts of larger group
- 401.Exemption for company included in non-UK group accounts of larger group
- 402.Exemption if no subsidiary undertakings need be included in the consolidation
- 403.Group accounts: applicable accounting framework
- 404.Companies Act group accounts
- 405.Companies Act group accounts: subsidiary undertakings included in the consolidation
- 406.IAS group accounts
- 407.Consistency of financial reporting within group
- 408.Individual profit and loss account where group accounts prepared
- 409.Information about related undertakings
- 410.Information about related undertakings: alternative compliance
- 410A.Information about off-balance sheet arrangements
- 411.Information about employee numbers and costs
- 412.Information about directors' benefits: remuneration
- 413.Information about directors' benefits: advances, credit and guarantees
- 414.Approval and signing of accounts
- 414A.Duty to prepare strategic report
- 414B.Strategic report: small companies exemption
- 414C.Contents of strategic report
- 414CZA.Section 172(1) statement
- 414CA.Non-financial and sustainability information statement
- 414CB.Contents of non-financial and sustainability information statement
- 414D.Approval and signing of strategic report
- Directors' report
- 415.Duty to prepare directors' report
- 415A.Directors' report: small companies exemption
- 416.Contents of directors' report: general
- 417.Contents of directors' report: business review
- 418.Contents of directors' report: statement as to disclosure to auditors
- 419.Approval and signing of directors' report
- 419A.Approval and signing of separate corporate governance statement
- 420.Duty to prepare directors' remuneration report
- 421.Contents of directors' remuneration report
- 422.Approval and signing of directors' remuneration report
- 422A.Revisions to directors' remuneration policy
- Duty to circulate copies of accounts and reports
- 423.Duty to circulate copies of annual accounts and reports
- 424.Time allowed for sending out copies of accounts and reports
- 425.Default in sending out copies of accounts and reports: offences
- 426.Option to provide strategic report with supplementary material
- 426A.Supplementary material
- 426B.Section 172(1) statement to be made available on website
- 427.Form and contents of summary financial statement: unquoted companies
- 428.Form and contents of summary financial statement: quoted companies
- 429.Summary financial statements: offences
- 430.Quoted companies and traded companies: annual accounts and reports to be made available on website
- 431.Right of member or debenture holder to copies of accounts and reports: unquoted companies
- 432.Right of member or debenture holder to copies of accounts and reports: quoted companies
- 433.Name of signatory to be stated in published copies of accounts and reports
- 434.Requirements in connection with publication of statutory accounts
- 435.Requirements in connection with publication of non-statutory accounts
- 436.Meaning of “publication” in relation to accounts and reports
- 437.Public companies: laying of accounts and reports before general meeting
- 438.Public companies: offence of failure to lay accounts and reports
- 439.Quoted companies and traded companies: members' approval of directors' remuneration report
- 439A.Quoted companies and traded companies: members' approval of directors' remuneration policy
- 440.Quoted companies and traded companies: offences in connection with procedure for approval
- Duty to file accounts and reports
- 441.Duty to file accounts and reports with the registrar
- 442.Period allowed for filing accounts
- 443.Calculation of period allowed
- 443A.Filing obligations of micro-entities
- 444.Filing obligations of small companies other than micro-entities
- 444A.Filing obligations of companies entitled to small companies exemption in relation to directors' report
- 445.Filing obligations of medium-sized companies
- 446.Filing obligations of unquoted companies
- 447.Filing obligations of quoted companies
- 448.Unlimited companies exempt from obligation to file accounts
- 448A.Dormant subsidiaries exempt from obligation to file accounts
- 448B.Companies excluded from the dormant subsidiaries exemption
- 448C.Dormant subsidiaries filing exemption: parent undertaking declaration of guarantee
- 449.Special auditor's report where abbreviated accounts delivered
- 450.Approval and signing of abbreviated accounts
- 451.Default in filing accounts and reports: offences
- 452.Default in filing accounts and reports: court order
- 453.Civil penalty for failure to file accounts and reports
- Voluntary revision
- 454.Voluntary revision of accounts etc
- 455.Secretary of State's notice in respect of accounts or reports
- 456.Application to court in respect of defective accounts or reports
- 457.Other persons authorised to apply to the court
- 458.Disclosure of information by tax authorities
- 459.Power of authorised person to require documents, information and explanations
- 460.Restrictions on disclosure of information obtained under compulsory powers
- 461.Permitted disclosure of information obtained under compulsory powers
- 462.Power to amend categories of permitted disclosure
- Liability for false or misleading statements in reports and statements
- 463.Liability for false or misleading statements in reports and statements
- 464.Accounting standards
- 465.Companies qualifying as medium-sized: general
- 466.Companies qualifying as medium-sized: parent companies
- 467.Companies excluded from being treated as medium-sized
- 468.General power to make further provision about accounts and reports
- 468A.Use or disclosure of profit and loss accounts for certain companies
- 469.Preparation and filing of accounts in euros
- 470.Power to apply provisions to banking partnerships
- 471.Meaning of “annual accounts” and related expressions
- 472.Notes to the accounts
- 472A.Meaning of “corporate governance statement” etc
- 473.Parliamentary procedure for certain regulations under this Part
- 474.Minor definitions
- Chapter 1 Requirement for audited accounts
- Requirement for audited accounts
- 475.Requirement for audited accounts
- 476.Right of members to require audit
- 477.Small companies: conditions for exemption from audit
- 478.Companies excluded from small companies exemption
- 479.Availability of small companies exemption in case of group company
- 479A.Subsidiary companies: conditions for exemption from audit
- 479B.Companies excluded from the subsidiary companies audit exemption
- 479C.Subsidiary companies audit exemption: parent undertaking declaration of guarantee
- 480.Dormant companies: conditions for exemption from audit
- 481.Companies excluded from dormant companies exemption
- 482.Non-profit-making companies subject to public sector audit
- 483.Scottish public sector companies: audit by Auditor General for Scotland
- 484.General power of amendment by regulations
- Private companies
- 485.Appointment of auditors of private company: general
- 485A.Appointment of auditors of private company: additional requirements for public interest entities with audit committees
- 485B.Appointment of auditors of private company: additional requirements for public interest entities without audit committees
- 485C.Restriction on appointment of auditor of private company which is a public interest entity
- 486.Appointment of auditors of private company: default power of Secretary of State
- 486A.Defective appointments: default power of Secretary of State
- 487.Term of office of auditors of private company
- 487A.Maximum engagement period: transitional arrangements
- 488.Prevention by members of deemed re-appointment of auditor
- 489.Appointment of auditors of public company: general
- 489A.Appointment of auditors of public company: additional requirements for public interest entities with audit committees
- 489B.Appointment of auditors of public company: additional requirements for public interest entities without audit committees
- 489C.Restriction on appointment of auditor of public company which is a public interest entity
- 490.Appointment of auditors of public company: default power of Secretary of State
- 490A.Defective appointments: default power of Secretary of State
- 491.Term of office of auditors of public company
- 491A.Maximum engagement period: transitional arrangements
- 492.Fixing of auditor's remuneration
- 493.Disclosure of terms of audit appointment
- 494.Disclosure of services provided by auditor or associates and related remuneration
- 494ZA.The maximum engagement period
- 494A.Interpretation
- Auditor's report
- 495.Auditor's report on company's annual accounts
- 496.Auditor's report on strategic report and on directors' report
- 497.Auditor's report on auditable part of directors' remuneration report
- 497A.Auditor's report on separate corporate governance statement
- 498.Duties of auditor
- 498A.Auditor's duties in relation to separate corporate governance statement
- 499.Auditor's general right to information
- 500.Auditor's right to information from overseas subsidiaries
- 501.Auditor's rights to information: offences
- 502.Auditor's rights in relation to resolutions and meetings
- 503.Signature of auditor's report
- 504.Senior statutory auditor
- 505.Names to be stated in published copies of auditor's report
- 506.Circumstances in which names may be omitted
- 507.Offences in connection with auditor's report
- 508.Guidance for regulatory and prosecuting authorities: England, Wales and Northern Ireland
- 509.Guidance for regulatory authorities: Scotland
- Removal of auditor
- 510.Resolution removing auditor from office
- 511.Special notice required for resolution removing auditor from office
- 511A.Public interest companies: application to court to remove auditor from office
- 512.Notice to registrar of resolution removing auditor from office
- 513.Rights of auditor who has been removed from office
- 514.Failure to re-appoint auditor: special procedure required for written resolution
- 515.Failure to re-appoint auditor: special notice required for resolution at general meeting
- 516.Resignation of auditor
- 517.Notice to registrar of resignation of auditor
- 518.Rights of resigning auditor
- 519.Statement by auditor to be sent to company
- 519A.Meaning of “public interest company”, “non-public interest company” and “exempt reasons”
- 520.Company's duties in relation to statement
- 521.Copy of statement to be sent to registrar
- 522.Duty of auditor to send statement to appropriate audit authority
- 523.Duty of company to notify appropriate audit authority
- 524.Provision of information to accounting authorities
- 525.Meaning of “appropriate audit authority” .
- 526.Effect of casual vacancies
- 527.Members' power to require website publication of audit concerns
- 528.Requirements as to website availability
- 529.Website publication: company's supplementary duties
- 530.Website publication: offences
- 531.Meaning of “quoted company”
- Voidness of provisions protecting auditors from liability
- 532.Voidness of provisions protecting auditors from liability
- 533.Indemnity for costs of successfully defending proceedings
- 534.Liability limitation agreements
- 535.Terms of liability limitation agreement
- 536.Authorisation of agreement by members of the company
- 537.Effect of liability limitation agreement
- 538.Disclosure of agreement by company
- 538A.Meaning of “corporate governance statement” etc
- 539.Minor definitions
- Chapter 1 Shares and share capital of a company
- Shares
- 540.Shares
- 541.Nature of shares
- 542.Nominal value of shares
- 543.Numbering of shares
- 544.Transferability of shares
- 545.Companies having a share capital
- 546.Issued and allotted share capital
- 547.Called-up share capital
- 548.Equity share capital
- Power of directors to allot shares
- 549.Exercise by directors of power to allot shares etc
- 550.Power of directors to allot shares etc: private company with only one class of shares
- 551.Power of directors to allot shares etc: authorisation by company
- 552.General prohibition of commissions, discounts and allowances
- 553.Permitted commission
- 554.Registration of allotment
- 555.Return of allotment by limited company
- 556.Return of allotment by unlimited company allotting new class of shares
- 557.Offence of failure to make return
- 558.When shares are allotted
- 559.Provisions about allotment not applicable to shares taken on formation
- Introductory
- 560.Meaning of “equity securities” and related expressions
- 561.Existing shareholders' right of pre-emption
- 562.Communication of pre-emption offers to shareholders
- 563.Liability of company and officers in case of contravention
- 564.Exception to pre-emption right: bonus shares
- 565.Exception to pre-emption right: issue for non-cash consideration
- 566.Exceptions to pre-emption right: employees' share schemes
- 566A.Exception to pre-emption right: companies in financial difficulty
- 567.Exclusion of requirements by private companies
- 568.Exclusion of pre-emption right: articles conferring corresponding right
- 569.Disapplication of pre-emption rights: private company with only one class of shares
- 570.Disapplication of pre-emption rights: directors acting under general authorisation
- 571.Disapplication of pre-emption rights by special resolution
- 572.Liability for false statement in directors' statement
- 573.Disapplication of pre-emption rights: sale of treasury shares
- 574.References to holder of shares in relation to offer
- 575.Saving for other restrictions on offer or allotment
- 576.Saving for certain older pre-emption requirements
- 577.Provisions about pre-emption not applicable to shares taken on formation
- 578.Public companies: allotment where issue not fully subscribed
- 579.Public companies: effect of irregular allotment where issue not fully subscribed
- General rules
- 580.Shares not to be allotted at a discount
- 581.Provision for different amounts to be paid on shares
- 582.General rule as to means of payment
- 583.Meaning of payment in cash
- 584.Public companies: shares taken by subscribers of memorandum
- 585.Public companies: must not accept undertaking to do work or perform services
- 586.Public companies: shares must be at least one-quarter paid up
- 587.Public companies: payment by long-term undertaking
- 588.Liability of subsequent holders of shares
- 589.Power of court to grant relief
- 590.Penalty for contravention of this Chapter
- 591.Enforceability of undertakings to do work etc
- 592.The appropriate rate of interest
- Non-cash consideration for shares
- 593.Public company: valuation of non-cash consideration for shares
- 594.Exception to valuation requirement: arrangement with another company
- 595.Exception to valuation requirement: merger or division
- 596.Non-cash consideration for shares: requirements as to valuation and report
- 597.Copy of report to be delivered to registrar
- 598.Public company: agreement for transfer of non-cash asset in initial period
- 599.Agreement for transfer of non-cash asset: requirement of independent valuation
- 600.Agreement for transfer of non-cash asset: requirements as to valuation and report
- 601.Agreement for transfer of non-cash asset: requirement of approval by members
- 602.Copy of resolution to be delivered to registrar
- 603.Adaptation of provisions in relation to company re-registering as public
- 604.Agreement for transfer of non-cash asset: effect of contravention
- 605.Liability of subsequent holders of shares
- 606.Power of court to grant relief
- 607.Penalty for contravention of this Chapter
- 608.Enforceability of undertakings to do work etc
- 609.The appropriate rate of interest
- The share premium account
- 610.Application of share premiums
- 611.Group reconstruction relief
- 612.Merger relief
- 613.Merger relief: meaning of 90% equity holding
- 614.Power to make further provision by regulations
- 615.Relief may be reflected in company's balance sheet
- 616.Interpretation of this Chapter
- How share capital may be altered
- 617.Alteration of share capital of limited company
- 618.Sub-division or consolidation of shares
- 619.Notice to registrar of sub-division or consolidation
- 620.Reconversion of stock into shares
- 621.Notice to registrar of reconversion of stock into shares
- 622.Redenomination of share capital
- 623.Calculation of new nominal values
- 624.Effect of redenomination
- 625.Notice to registrar of redenomination
- 626.Reduction of capital in connection with redenomination
- 627.Notice to registrar of reduction of capital in connection with redenomination
- 628.Redenomination reserve
- Introductory
- 629.Classes of shares
- 630.Variation of class rights: companies having a share capital
- 631.Variation of class rights: companies without a share capital
- 632.Variation of class rights: saving for court's powers under other provisions
- 633.Right to object to variation: companies having a share capital
- 634.Right to object to variation: companies without a share capital
- 635.Copy of court order to be forwarded to the registrar
- 636.Notice of name or other designation of class of shares
- 637.Notice of particulars of variation of rights attached to shares
- 638.Notice of new class of members
- 639.Notice of name or other designation of class of members
- 640.Notice of particulars of variation of class rights
- Introductory
- 641.Circumstances in which a company may reduce its share capital
- 642.Reduction of capital supported by solvency statement
- 643.Solvency statement
- 644.Registration of resolution and supporting documents
- 645.Application to court for order of confirmation
- 646.Creditors entitled to object to reduction
- 647.Offences in connection with list of creditors
- 648.Court order confirming reduction
- 649.Registration of order and statement of capital
- 650.Public company reducing capital below authorised minimum
- 651.Expedited procedure for re-registration as a private company
- 652.Liability of members following reduction of capital
- 653.Liability to creditor in case of omission from list of creditors
- 654.Treatment of reserve arising from reduction of capital
- 655.Shares no bar to damages against company
- 656.Public companies: duty of directors to call meeting on serious loss of capital
- 657.General power to make further provision by regulations
- Chapter 1 General provisions
- Introductory
- 658.General rule against limited company acquiring its own shares
- 659.Exceptions to general rule
- 660.Treatment of shares held by nominee
- 661.Liability of others where nominee fails to make payment in respect of shares
- 662.Duty to cancel shares in public company held by or for the company
- 663.Notice of cancellation of shares
- 664.Re-registration as private company in consequence of cancellation
- 665.Issue of certificate of incorporation on re-registration
- 666.Effect of failure to re-register
- 667.Offence in case of failure to cancel shares or re-register
- 668.Application of provisions to company re-registering as public company
- 669.Transfer to reserve on acquisition of shares by public company or nominee
- 670.Public companies: general rule against lien or charge on own shares
- 671.Interests to be disregarded in determining whether company has beneficial interest
- 672.Residual interest under pension scheme or employees' share scheme
- 673.Employer's charges and other rights of recovery
- 674.Rights as personal representative or trustee
- 675.Meaning of “pension scheme”
- 676.Application of provisions to directors
- Introductory
- 677.Meaning of “financial assistance”
- 678.Assistance for acquisition of shares in public company
- 679.Assistance by public company for acquisition of shares in its private holding company
- 680.Prohibited financial assistance an offence
- 681.Unconditional exceptions
- 682.Conditional exceptions
- 683.Definitions for this Chapter
- 684.Power of limited company to issue redeemable shares
- 685.Terms and manner of redemption
- 686.Payment for redeemable shares
- 687.Financing of redemption
- 688.Redeemed shares treated as cancelled
- 689.Notice to registrar of redemption
- General provisions
- 690.Power of limited company to purchase own shares
- 691.Payment for purchase of own shares
- 692.Financing of purchase of own shares
- 693.Authority for purchase of own shares
- 693A.Authority for off-market purchase for the purposes of or pursuant to an employees' share scheme
- 694.Authority for off-market purchase
- 695.Resolution authorising off-market purchase: exercise of voting rights
- 696.Resolution authorising off-market purchase: disclosure of details of contract
- 697.Variation of contract for off-market purchase
- 698.Resolution authorising variation: exercise of voting rights
- 699.Resolution authorising variation: disclosure of details of variation
- 700.Release of company's rights under contract for off-market purchase
- 701.Authority for market purchase
- 702.Copy of contract or memorandum to be available for inspection
- 703.Enforcement of right to inspect copy or memorandum
- 704.No assignment of company's right to purchase own shares
- 705.Payments apart from purchase price to be made out of distributable profits
- 706.Treatment of shares purchased
- 707.Return to registrar of purchase of own shares
- 708.Notice to registrar of cancellation of shares
- Introductory
- 709.Power of private limited company to redeem or purchase own shares out of capital
- 710.The permissible capital payment
- 711.Available profits
- 712.Determination of available profits
- 713.Requirements for payment out of capital
- 714.Directors' statement and auditor's report
- 715.Directors' statement: offence if no reasonable grounds for opinion
- 716.Payment to be approved by special resolution
- 717.Resolution authorising payment: exercise of voting rights
- 718.Resolution authorising payment: disclosure of directors' statement and auditor's report
- 719.Public notice of proposed payment
- 720.Directors' statement and auditor's report to be available for inspection
- 720A.Reduced requirements for payment out of capital for purchase of own shares for the purposes of or pursuant to an employees' share scheme
- 720B.Registration of resolution and supporting documents for purchase of own shares for the purposes of or pursuant to an employees' share scheme
- 721.Application to court to cancel resolution
- 722.Notice to registrar of court application or order
- 723.Time when payment out of capital to be made or shares to be surrendered
- 724.Treasury shares
- 725.Treasury shares: maximum holdings
- 726.Treasury shares: exercise of rights
- 727.Treasury shares: disposal
- 728.Treasury shares: notice of disposal
- 729.Treasury shares: cancellation
- 730.Treasury shares: notice of cancellation
- 731.Treasury shares: treatment of proceeds of sale
- 732.Treasury shares: offences
- 733.The capital redemption reserve
- 734.Accounting consequences of payment out of capital
- 735.Effect of company's failure to redeem or purchase
- 736.Meaning of “distributable profits”
- 737.General power to make further provision by regulations
- General provisions
- 738.Meaning of “debenture”
- 739.Perpetual debentures
- 740.Enforcement of contract to subscribe for debentures
- 741.Registration of allotment of debentures
- 742.Debentures to bearer (Scotland)
- 743.Register of debenture holders
- 744.Register of debenture holders: right to inspect and require copy
- 745.Register of debenture holders: response to request for inspection or copy
- 746.Register of debenture holders: refusal of inspection or default in providing copy
- 747.Register of debenture holders: offences in connection with request for or disclosure of information
- 748.Time limit for claims arising from entry in register
- 749.Right of debenture holder to copy of deed
- 750.Liability of trustees of debentures
- 751.Liability of trustees of debentures: saving for certain older provisions
- 752.Power to re-issue redeemed debentures
- 753.Deposit of debentures to secure advances
- 754.Priorities where debentures secured by floating charge
- Chapter 1 Prohibition of public offers by private companies
- 755.Prohibition of public offers by private company
- 756.Meaning of “offer to the public”
- 757.Enforcement of prohibition: order restraining proposed contravention
- 758.Enforcement of prohibition: orders available to the court after contravention
- 759.Enforcement of prohibition: remedial order
- 760.Validity of allotment etc not affected
- 761.Public company: requirement as to minimum share capital
- 762.Procedure for obtaining certificate
- 763.The authorised minimum
- 764.Power to alter authorised minimum
- 765.Authorised minimum: application of initial requirement
- 766.Authorised minimum: application where shares denominated in different currencies etc
- 767.Consequences of doing business etc without a trading certificate
- Chapter 1 Certification and transfer of securities: general
- Share certificates
- 768.Share certificate to be evidence of title
- 769.Duty of company as to issue of certificates etc on allotment
- 770.Registration of transfer
- 771.Procedure on transfer being lodged
- 772.Transfer of shares on application of transferor
- 773.Execution of share transfer by personal representative
- 774.Evidence of grant of probate etc
- 775.Certification of instrument of transfer
- 776.Duty of company as to issue of certificates etc on transfer
- 777.Issue of certificates etc: cases within the Stock Transfer Act 1982
- 778.Issue of certificates etc: allotment or transfer to financial institution
- 779.Prohibition on issue of new share warrants and effect of existing share warrants
- 780.Duty of company as to issue of certificates on surrender of share warrant
- 781.Offences in connection with share warrants (Scotland)
- 782.Issue of certificates etc: court order to make good default
- Introductory
- 783.Scope of this Chapter
- 784.Power to make regulations
- 785.Provision enabling procedures for evidencing and transferring title
- 786.Provision enabling or requiring arrangements to be adopted
- 787.Provision enabling or requiring arrangements to be adopted: order-making powers
- 788.Provision that may be included in regulations
- 789.Duty to consult
- 790.Resolutions to be forwarded to registrar
- CHAPTER 1 Introduction
- 790A.Overview
- 790B.Companies to which this Part applies
- 790C.Key terms
- 790CA.References to “confirmation” etc of information
- Duty on companies
- 790CB.Duty to find out about persons with significant control
- 790D.Company’s duty to give notices to persons with significant control
- 790DA.Obtaining information from third parties
- 790E.Company’s duty to find out about changes in PSC information
- 790EA.Company’s duty to find out about persons ceasing to be PSCs
- 790EB.Company’s duty to notify failure to comply with notices
- 790EC.Company’s duty to notify of late compliance with notices
- 790F.Failure by company to comply with information duties
- 790G.Duty to notify company on becoming PSC
- 790H.Duty to notify company of changes in PSC information
- 790HA.Duty to notify company of ceasing to be a PSC
- 790I.Enforcement of disclosure requirements
- 790IA.Power to impose further duties involving nominee shareholders
- 790J.Power to make exemptions
- 790K.Required particulars
- 790L.Required particulars: power to amend
- Duty to notify registrar of persons with significant control
- 790LA.Duty to notify registrar of confirmed persons with significant control
- 790LB.Option to provide ID verification information in notice of change
- 790LC.Duty to notify registrar of unconfirmed persons with significant control
- 790LD.Duties to notify of changes in required particulars
- 790LE.Duty to notify of pre-incorporation changes in required particulars
- 790LF.Duty to notify registrar when person ceases to have significant control
- 790LG.Notification of someone not becoming person with significant control on incorporation
- 790LH.Duty to notify registrar if company ceases to have persons with significant control
- 790LI.Power to create further duties to notify information
- 790LJ.Persons with significant control: offence of failure to notify
- 790LK.Power of court to order company to remedy defaults or delay
- 790LL.Information as to whether information has been delivered
- 790LM.Initial identity verification: registrable persons
- 790LN.Initial identity verification for registrable persons: transitional cases
- 790LO.Initial identity verification: registrable relevant legal entities
- 790LP.Initial identity verification in respect of registrable relevant legal entities: transitional cases
- 790LQ.Registrable persons: duty to maintain verified identity status
- 790LR.Registrable relevant legal entities: duty to maintain registered officer whose identity is verified
- 790LS.Registrable relevant legal entities: change of registered relevant officer
- 790LT.Offence of failing to comply with sections 790LM to 790LR
- 790M.Duty to keep register
- 790N.Register to be kept available for inspection
- 790O.Rights to inspect and require copies
- 790P.PSC register: response to request for inspection or copy
- 790Q.PSC register: refusal of inspection or default in providing copy
- 790R.PSC register: offences in connection with request for or disclosure of information
- 790S.Information as to state of register
- 790T.Protected information
- 790U.Removal of entries from the register
- 790V.Power of court to rectify register
- 790VA.Notification of changes to the registrar
- 790W.Introductory
- 790X.Right to make an election
- 790Y.Effective date of election
- 790Z.Effect of election on obligations under Chapter 3
- 790ZA.Duty to notify registrar of changes
- 790ZB.Information as to state of central register
- 790ZC.Power of court to order company to remedy default or delay
- 790ZD.Withdrawing the election
- 790ZE.Power to extend option to public companies
- 790ZF.Protection of information as to usual residential address
- 790ZG.Power to make regulations protecting material
- 790ZH.Offence of failing to comply with regulations under section 790ZG
- Introductory
- 791.Companies to which this Part applies
- 792.Shares to which this Part applies
- 793.Notice by company requiring information about interests in its shares
- 794.Notice requiring information: order imposing restrictions on shares
- 795.Notice requiring information: offences
- 796.Notice requiring information: persons exempted from obligation to comply
- 797.Consequences of order imposing restrictions
- 798.Penalty for attempted evasion of restrictions
- 799.Relaxation of restrictions
- 800.Removal of restrictions
- 801.Order for sale of shares
- 802.Application of proceeds of sale under court order
- 803.Power of members to require company to act
- 804.Duty of company to comply with requirement
- 805.Report to members on outcome of investigation
- 806.Report to members: offences
- 807.Right to inspect and request copy of reports
- 808.Register of interests disclosed
- 809.Register to be kept available for inspection
- 810.Associated index
- 811.Rights to inspect and require copy of entries
- 812.Court supervision of purpose for which rights may be exercised
- 813.Register of interests disclosed: refusal of inspection or default in providing copy
- 814.Register of interests disclosed: offences in connection with request for or disclosure of information
- 815.Entries not to be removed from register
- 816.Removal of entries from register: old entries
- 817.Removal of entries from register: incorrect entry relating to third party
- 818.Adjustment of entry relating to share acquisition agreement
- 819.Duty of company ceasing to be public company
- 820.Interest in shares: general
- 821.Interest in shares: right to subscribe for shares
- 822.Interest in shares: family interests
- 823.Interest in shares: corporate interests
- 824.Interest in shares: agreement to acquire interests in a particular company
- 825.Extent of obligation in case of share acquisition agreement
- 826.Information protected from wider disclosure
- 827.Reckoning of periods for fulfilling obligations
- 828.Power to make further provision by regulations
- Chapter 1 Restrictions on when distributions may be made
- Introductory
- 829.Meaning of “distribution”
- 830.Distributions to be made only out of profits available for the purpose
- 831.Net asset restriction on distributions by public companies
- 832.Distributions by investment companies out of accumulated revenue profits
- 833.Meaning of “investment company”
- 833A.Distributions by insurance companies authorised under the Solvency 2 Directive
- 834.Investment company: condition as to holdings in other companies
- 835.Power to extend provisions relating to investment companies
- Justification of distribution by reference to accounts
- 836.Justification of distribution by reference to relevant accounts
- 837.Requirements where last annual accounts used
- 838.Requirements where interim accounts used
- 839.Requirements where initial accounts used
- 840.Successive distributions etc by reference to the same accounts
- Accounting matters
- 841.Realised losses and profits and revaluation of fixed assets
- 842.Determination of profit or loss in respect of asset where records incomplete
- 843.Realised profits and losses of long-term insurance business of certain insurance companies
- 844.Treatment of development costs
- 845.Distributions in kind: determination of amount
- 846.Distributions in kind: treatment of unrealised profits
- 847.Consequences of unlawful distribution
- 848.Saving for certain older provisions in articles
- 849.Restriction on application of unrealised profits
- 850.Treatment of certain older profits or losses
- 851.Application of rules of law restricting distributions
- 852.Saving for other restrictions on distributions
- 853.Minor definitions
- 853A.Duty to deliver confirmation statements
- 853B.Duties to notify a relevant event
- 853BA.Duty to confirm lawful purpose
- 853C.Duty to notify a change in company's principal business activities
- 853CA.Duty to notify a change in registered office
- 853CB.Duty to notify a change in registered email address
- 853D.Duty to deliver statement of capital
- 853E.Duty to notify trading status of shares
- 853F.Duty to deliver shareholder information: non-traded companies
- 853G.Duty to deliver shareholder information: certain traded companies
- 853H.Duty to deliver information about exemption from Part 21A
- 853I.Duty to deliver information about people with significant control
- 853J.Power to amend duties to deliver certain information
- 853K.Confirmation statements: power to make further provision by regulations
- 853L.Failure to deliver confirmation statement
- 854.Duty to deliver annual returns
- 855.Contents of annual return: general
- 855A.Required particulars of directors and secretaries
- 856.Contents of annual return: information about shares and share capital
- 856A.Contents of annual return: information about shareholders: non-traded companies
- 856B.Contents of annual return: information about shareholders: certain traded companies
- 857.Contents of annual return: power to make further provision by regulations
- 858.Failure to deliver annual return
- 859.Application of provisions to shadow directors
- CHAPTER A1 Registration of company charges
- Company charges
- 859A.Charges created by a company
- 859B.Charge in series of debentures
- 859C.Charges existing on property or undertaking acquired
- 859D.Particulars to be delivered to registrar
- 859E.Date of creation of charge
- 859F.Extension of period allowed for delivery
- 859G.Personal information etc in certified copies
- 859H.Consequence of failure to deliver charges
- 859I.Entries on the register
- 859J.Company holding property or undertaking as trustee
- 859K.Registration of enforcement of security
- 859L.Entries of satisfaction and release
- 859M.Rectification of register
- 859N.Replacement of instrument or debenture
- 859O.Notification of addition to or amendment of charge
- 859P.Companies to keep copies of instruments creating and amending charges
- 859Q.Instruments creating charges to be available for inspection
- Requirement to register company charges
- 860.Charges created by a company
- 861.Charges which have to be registered: supplementary
- 862.Charges existing on property acquired
- 863.Charge in series of debentures
- 864.Additional registration requirement for commission etc in relation to debentures
- 865.Endorsement of certificate on debentures
- 866.Charges created in, or over property in, jurisdictions outside the United Kingdom
- 867.Charges created in, or over property in, another United Kingdom jurisdiction
- 868.Northern Ireland: registration of certain charges etc. affecting land
- 869.Register of charges to be kept by registrar
- 870.The period allowed for registration
- 871.Registration of enforcement of security
- 872.Entries of satisfaction and release
- 873.Rectification of register of charges
- 874.Consequence of failure to register charges created by a company
- 875.Companies to keep copies of instruments creating charges
- 876.Company's register of charges
- 877.Instruments creating charges and register of charges to be available for inspection
- Charges requiring registration
- 878.Charges created by a company
- 879.Charges which have to be registered: supplementary
- 880.Duty to register charges existing on property acquired
- 881.Charge by way of ex facie absolute disposition, etc
- 882.Charge in series of debentures
- 883.Additional registration requirement for commission etc in relation to debentures
- 884.Charges on property outside United Kingdom
- 885.Register of charges to be kept by registrar
- 886.The period allowed for registration
- 887.Entries of satisfaction and relief
- 888.Rectification of register of charges
- 889.Charges void unless registered
- 890.Copies of instruments creating charges to be kept by company
- 891.Company's register of charges
- 892.Instruments creating charges and register of charges to be available for inspection
- 893.Power to make provision for effect of registration in special register
- 894.General power to make amendments to this Part
- Application of this Part
- 895.Application of this Part
- 896.Court order for holding of meeting
- 897.Statement to be circulated or made available
- 898.Duty of directors and trustees to provide information
- 899.Court sanction for compromise or arrangement
- 899A.Moratorium debts, etc
- 900.Powers of court to facilitate reconstruction or amalgamation
- 901.Obligations of company with respect to articles etc
- Application of this Part
- 901A.Application of this Part
- 901B.Power to exclude companies providing financial services, etc
- 901C.Court order for holding of meeting
- 901D.Statement to be circulated or made available
- 901E.Duty of directors and trustees to provide information
- 901F.Court sanction for compromise or arrangement
- 901G.Sanction for compromise or arrangement where one or more classes dissent
- 901H.Moratorium debts, etc
- 901I.Pension schemes
- 901J.Powers of court to facilitate reconstruction or amalgamation
- 901K.Obligations of company with respect to articles etc
- 901L.Power to amend Act
- Chapter 1 Introductory
- 902.Application of this Part
- 903.Relationship of this Part to Parts 26 and 26A
- Introductory
- 904.Mergers and merging companies
- 905.Draft terms of scheme (merger)
- 906.Publication of draft terms by registrar(merger)
- 906A.Publication of draft terms on company website (merger)
- 907.Approval of members of merging companies
- 908.Directors' explanatory report (merger)
- 909.Expert's report (merger)
- 910.Supplementary accounting statement (merger)
- 911.Inspection of documents (merger)
- 911A.Publication of documents on company website (merger)
- 911B.Report on material changes of assets of merging companies
- 912.Approval of articles of new transferee company (merger)
- 913.Protection of holders of securities to which special rights attached (merger)
- 914.No allotment of shares to transferor company or its nominee (merger)
- 915.Circumstances in which certain particulars and reports not required (merger)
- 915A.Other circumstances in which reports and inspection not required (merger)
- 916.Circumstances in which meeting of members of transferee company not required (merger)
- 917.Circumstances in which no meetings required (merger)
- 917A.Other circumstances in which meeting of members of transferor company not required (merger)
- 918.Other circumstances in which meeting of members of transferee company not required (merger)
- 918A.Agreement to dispense with reports etc (merger)
- Introductory
- 919.Divisions and companies involved in a division
- 920.Draft terms of scheme (division)
- 921.Publication of draft terms by registrar(division)
- 921A.Publication of draft terms on company website (division)
- 922.Approval of members of companies involved in the division
- 923.Directors' explanatory report (division)
- 924.Expert's report (division)
- 925.Supplementary accounting statement (division)
- 926.Inspection of documents (division)
- 926A.Publication of documents on company website (division)
- 927.Report on material changes of assets of transferor company (division)
- 928.Approval of articles of new transferee company (division)
- 929.Protection of holders of securities to which special rights attached (division)
- 930.No allotment of shares to transferor company or its nominee (division)
- 931.Circumstances in which meeting of members of transferor company not required (division)
- 931A.Other circumstances in which meeting of members of transferor company not required (division)
- 932.Circumstances in which meeting of members of transferee company not required (division)
- 933.Agreement to dispense with reports etc (division)
- 933A.Certain requirements excluded where shareholders given proportional rights (division)
- 934.Power of court to exclude certain requirements (division)
- Expert's report and related matters
- 935.Expert's report: valuation by another person
- 936.Experts and valuers: independence requirement
- 937.Experts and valuers: meaning of “associate”
- 938.Power of court to summon meeting of members or creditors of existing transferee company
- 939.Court to fix date for transfer of undertaking etc of transferor company
- 940.Liability of transferee companies for each other's defaults
- 940A.Disregard of website failures beyond control of company
- 941.Meaning of “liabilities” and “property”
- Chapter 1 The Takeover Panel
- The Panel and its rules
- 942.The Panel
- 943.Rules
- 944.Further provisions about rules
- 945.Rulings
- 946.Directions
- 947.Power to require documents and information
- 948.Restrictions on disclosure
- 949.Offence of disclosure in contravention of section 948
- 950.Panel's duty of co-operation
- 951.Hearings and appeals
- 952.Sanctions
- 953.Failure to comply with rules about bid documentation
- 954.Compensation
- 955.Enforcement by the court
- 956.No action for breach of statutory duty etc
- 957.Fees and charges
- 958.Levy
- 959.Recovery of fees, charges or levy
- 960.Panel as party to proceedings
- 961.Exemption from liability in damages
- 962.Privilege against self-incrimination
- 963.Annual reports
- 964.Amendments to Financial Services and Markets Act 2000
- 965.Power to extend to Isle of Man and Channel Islands
- Opting in and opting out
- 966.Opting in and opting out
- 967.Further provision about opting-in and opting-out resolutions
- 968.Effect on contractual restrictions
- 969.Power of offeror to require general meeting to be called
- 970.Communication of decisions
- 971.Interpretation of this Chapter
- 972.Transitory provision
- 973.Power to extend to Isle of Man and Channel Islands
- Takeover offers
- 974.Meaning of “takeover offer”
- 975.Shares already held by the offeror etc
- 976.Cases where offer treated as being on same terms
- 977.Shares to which an offer relates
- 978.Effect of impossibility etc of communicating or accepting offer
- 979.Right of offeror to buy out minority shareholder
- 980.Further provision about notices given under section 979
- 981.Effect of notice under section 979
- 982.Further provision about consideration held on trust under section 981(9)
- 983.Right of minority shareholder to be bought out by offeror
- 984.Further provision about rights conferred by section 983
- 985.Effect of requirement under section 983
- 986.Applications to the court
- 987.Joint offers
- 988.Associates
- 989.Convertible securities
- 990.Debentures carrying voting rights
- 991.Interpretation
- 992.Matters to be dealt with in directors' report
- 993.Offence of fraudulent trading
- Main provisions
- 994.Petition by company member
- 995.Petition by Secretary of State
- 996.Powers of the court under this Part
- 997.Application of general rule-making powers
- 998.Copy of order affecting company's constitution to be delivered to registrar
- 999.Supplementary provisions where company's constitution altered
- Chapter 1 Striking off
- Registrar's power to strike off defunct company
- 1000.Power to strike off company not carrying on business or in operation
- 1001.Duty to act in case of company being wound up
- 1002.Supplementary provisions as to service of communication or notice
- 1002A.Power to strike off company registered on false basis
- 1003.Striking off on application by company
- 1004.Circumstances in which application not to be made: activities of company
- 1005.Circumstances in which application not to be made: other proceedings not concluded
- 1006.Copy of application to be given to members, employees, etc
- 1007.Copy of application to be given to new members, employees, etc
- 1008.Copy of application: provisions as to service of documents
- 1009.Circumstances in which application to be withdrawn
- 1010.Withdrawal of application
- 1011.Meaning of “creditor”
- Property vesting as bona vacantia
- 1012.Property of dissolved company to be bona vacantia
- 1013.Crown disclaimer of property vesting as bona vacantia
- 1014.Effect of Crown disclaimer
- 1015.General effect of disclaimer
- 1016.Disclaimer of leaseholds
- 1017.Power of court to make vesting order
- 1018.Protection of persons holding under a lease
- 1019.Land subject to rentcharge
- 1020.General effect of disclaimer
- 1021.Power of court to make vesting order
- 1022.Protection of persons holding under a lease
- 1023.Liability for rentcharge on company's land after dissolution
- Administrative restoration to the register
- 1024.Application for administrative restoration to the register
- 1025.Requirements for administrative restoration
- 1026.Application to be accompanied by statement of compliance
- 1027.Registrar's decision on application for administrative restoration
- 1028.Effect of administrative restoration
- 1028A.Administrative restoration of company with share warrants
- 1029.Application to court for restoration to the register
- 1030.When application to the court may be made
- 1031.Decision on application for restoration by the court
- 1032.Effect of court order for restoration to the register
- 1032A.Restoration by court of company with share warrants
- 1033.Company's name on restoration
- 1034.Effect of restoration to the register where property has vested as bona vacantia
- 1035.Powers of Secretary of State to give directions to inspectors
- 1036.Resignation, removal and replacement of inspectors
- 1037.Power to obtain information from former inspectors etc
- 1038.Power to require production of documents
- 1039.Disqualification orders: consequential amendments
- Chapter 1 Companies not formed under companies legislation but authorised to register
- 1040.Companies authorised to register under this Act
- 1041.Definition of “joint stock company”
- 1042.Power to make provision by regulations
- 1043.Unregistered companies
- Introductory
- 1044.Overseas companies
- 1045.Company contracts and execution of documents by companies
- 1046.Duty to register particulars
- 1047.Registered name of overseas company
- 1048.Registration under alternative name
- 1048A.Registered addresses of an overseas company
- 1048B.Identity verification of directors
- 1049.Accounts and reports: general
- 1050.Accounts and reports: credit or financial institutions
- 1051.Trading disclosures
- 1052.Company charges
- 1053.Other returns etc
- 1054.Offences
- 1055.Disclosure of individual's residential address: protection from disclosure
- 1056.Requirement to identify persons authorised to accept service of documents
- 1057.Registrar to whom returns, notices etc to be delivered
- 1058.Duty to give notice of ceasing to have registrable presence
- 1059.Application of provisions in case of relocation of branch
- Scheme of this Part Scheme of this Part (1) The scheme of this Part is as follows.
- Scheme of this Part
- 1059A.Scheme of this Part
- 1060.The registrar
- 1061.The registrar's functions
- 1062.The registrar's official seal
- 1062A.Analysis of information for the purposes of crime prevention or detection
- 1063.Fees payable to registrar
- 1064.Public notice of issue of certificate of incorporation
- 1065.Right to certificate of incorporation
- 1066.Company's registered numbers
- 1067.Registered numbers of UK establishments of overseas company
- 1067A.Delivery of documents: identity verification requirements etc
- 1067B.Disqualification from delivering documents
- 1068.Registrar's requirements as to form, authentication and manner of delivery
- 1068A.Registrar’s rules requiring documents to be delivered together
- 1069.Power to require delivery by electronic means
- 1070.Agreement for delivery by electronic means
- 1071.Document not delivered until received
- 1072.Requirements for proper delivery
- 1073.Power to accept documents not meeting requirements for proper delivery
- 1073A.Power to reject documents for discrepancies
- 1074.Documents containing unnecessary material
- 1075.Informal correction of document
- 1076.Replacement of document not meeting requirements for proper delivery
- 1077.Public notice of receipt of certain documents
- 1078.Enhanced disclosure documents
- 1079.Effect of failure to give public notice
- 1079A.Provision of information for publication on European e-Justice portal
- 1079B.Duty to notify directors
- 1080.The register
- 1081.Annotation of the register
- 1081A.Registrar’s objectives to promote integrity of registers etc
- 1082.Allocation of unique identifiers
- 1083.Preservation of original documents
- 1084.Records relating to companies that have been dissolved etc
- 1084A.Recording of optional information on register
- 1085.Inspection of the register
- 1086.Right to copy of material on the register
- 1087.Material not available for public inspection
- 1087ZA.Required particulars available for public inspection for limited period
- 1087A.Protection of date of birth information
- 1087B.Protection of date of birth information in old documents
- 1087C.Disclosure of date of birth information
- 1088.Power to make regulations protecting material
- 1089.Form of application for inspection or copy
- 1090.Form and manner in which copies to be provided
- 1091.Certification of copies as accurate
- 1092.Issue of process for production of records kept by the registrar
- 1092A.Power to require information
- 1092B.Offence relating to provision of information
- 1092C.Privilege against self-incrimination
- 1093.Registrar's notice to resolve inconsistency .
- 1094.Removal of material from the register
- 1094A.Further provision about removal of material from the register
- 1094AB.Power of court to make consequential orders following removal
- 1095.Rectification of register on application to registrar
- 1095A.Rectification of register to resolve a discrepancy
- 1096.Rectification of the register under court order
- 1097.Powers of court on ordering removal of material from the register
- 1097A.Rectification of register relating to company registered office
- 1097B.Rectification of register: service addresses
- 1097C.Rectification of register: principal office addresses
- 1098.Public notice of removal of certain material from the register
- 1098A.Meaning of “authorised corporate service provider”
- 1098B.Application to become authorised corporate service provider
- 1098C.The required information about an applicant
- 1098D.Delivery of applications under section 1098B on behalf of a firm
- 1098E.Updating duties of authorised corporate service providers
- 1098F.Ceasing to be an authorised corporate service provider
- 1098G.Power to impose duties to provide information
- 1098H.Power to enable authorisation of foreign corporate service providers
- 1099.The registrar's index of company names
- 1100.Right to inspect index
- 1101.Power to amend enactments relating to bodies other than companies
- 1102.Application of language requirements
- 1103.Documents to be drawn up and delivered in English
- 1104.Documents relating to Welsh companies
- 1105.Documents that may be drawn up and delivered in other languages
- 1106.Voluntary filing of translations
- 1107.Certified translations
- 1108.Transliteration of names and addresses: permitted characters
- 1109.Transliteration of names and addresses: voluntary transliteration into Roman characters
- 1110.Transliteration of names and addresses: certification
- 1110A.Meaning of “identity is verified”
- 1110B.Verification requirements
- 1110C.Identity verification: exemption on national security grounds etc
- 1110D.Power to require businesses to report discrepancies
- 1110E.Disclosure to the registrar
- 1110F.Disclosure by the registrar
- 1110G.Disclosure: supplementary
- 1111.Registrar's requirements as to certification or verification
- 1112.False statements: basic offence
- 1112A.False statements: aggravated offence
- 1112B.False statements offences: national security etc defence
- 1113.Enforcement of company's filing obligations
- 1114.Application of provisions about documents and delivery
- 1115.Supplementary provisions relating to electronic communications
- 1116.Alternative to publication in the Gazette
- 1117.Registrar's rules
- 1118.Payments into the Consolidated Fund
- 1119.Contracting out of registrar's functions
- 1120.Application of this Part to overseas companies
- Liability of officer in default
- 1121.Liability of officer in default
- 1122.Liability of company as officer in default
- 1123.Application to bodies other than companies
- 1124.Amendments of the Companies Act 1985
- 1125.Meaning of “daily default fine”
- 1126.Consents required for certain prosecutions
- 1127.Summary proceedings: venue
- 1128.Summary proceedings: time limit for proceedings
- 1129.Legal professional privilege
- 1130.Proceedings against unincorporated bodies
- 1131.Imprisonment on summary conviction in England and Wales: transitory provision
- 1132.Production and inspection of documents where offence suspected
- 1132A.Power to make provision for financial penalties
- 1133.Transitional provision
- Company records
- 1134.Meaning of “company records”
- 1135.Form of company records
- 1136.Regulations about where certain company records to be kept available for inspection
- 1137.Regulations about inspection of records and provision of copies
- 1138.Duty to take precautions against falsification
- 1139.Service of documents on company
- 1140.Service of documents on directors, secretaries and others
- 1141.Service addresses
- 1142.Requirement to give service address
- 1143.The company communications provisions
- 1144.Sending or supplying documents or information
- 1145.Right to hard copy version
- 1146.Requirement of authentication
- 1147.Deemed delivery of documents and information
- 1148.Interpretation of company communications provisions
- 1149.Application of valuation requirements
- 1150.Valuation by qualified independent person
- 1151.The independence requirement
- 1152.Meaning of “associate”
- 1153.Valuer entitled to full disclosure
- 1154.Duty to notify registrar of certain appointments etc
- 1155.Offence of failure to give notice
- 1156.Meaning of “the court”
- 1157.Power of court to grant relief in certain cases
- Meaning of “UK-registered company”
- 1158.Meaning of “UK-registered company”
- 1159.Meaning of “subsidiary” etc
- 1160.Meaning of “subsidiary” etc: power to amend
- 1161.Meaning of “undertaking” and related expressions
- 1162.Parent and subsidiary undertakings
- 1163.“Non-cash asset”
- 1164.Meaning of “banking company” and “banking group”
- 1165.Meaning of “insurance company” and related expressions
- 1166.“Employees' share scheme”
- 1167.Meaning of “prescribed”
- 1168.Hard copy and electronic form and related expressions
- 1169.Dormant companies
- 1170.Meaning of “EEA State” and related expressions
- 1170A.Receiver or manager and certain related references
- 1170B.Meaning of “contributory”
- 1171.The former Companies Acts
- 1172.References to requirements of this Act
- 1173.Minor definitions: general
- 1174.Index of defined expressions
- 1175.Removal of special provisions about accounts and audit of charitable companies
- 1176.Power of Secretary of State to bring civil proceedings on company's behalf
- 1177.Repeal of certain provisions about company directors
- 1178.Repeal of requirement that certain companies publish periodical statement
- 1179.Repeal of requirement that Secretary of State prepare annual report
- 1180.Repeal of certain provisions about company charges
- 1181.Access to constitutional documents of RTE and RTM companies
- Introductory
- 1182.Persons subject to foreign restrictions
- 1183.Meaning of “the court” and “UK company”
- 1184.Disqualification of persons subject to foreign restrictions
- 1185.Disqualification regulations: supplementary
- 1186.Offence of breach of disqualification
- 1187.Personal liability for debts of company
- 1188.Statements from persons subject to foreign restrictions
- 1189.Statements from persons disqualified
- 1190.Statements: whether to be made public
- 1191.Offences
- Chapter 1 Restricted or prohibited names
- Introductory
- 1192.Application of this Chapter
- 1193.Name suggesting connection with government or public authority
- 1194.Other sensitive words or expressions
- 1195.Requirement to seek comments of government department or other relevant body
- 1196.Withdrawal of Secretary of State's approval
- 1196A.Names suggesting connection with foreign governments etc
- 1197.Name containing inappropriate indication of company type or legal form
- 1198.Name giving misleading indication of activities
- 1198A.Name that a company has been required to change
- 1198B.Name that another company has been required to change
- 1199.Savings for existing lawful business names
- 1199A.Exceptions based on national security etc
- Introductory
- 1200.Application of this Chapter
- 1201.Information required to be disclosed
- 1202.Disclosure required: business documents etc
- 1203.Exemption for large partnerships if certain conditions met
- 1204.Disclosure required: business premises
- 1205.Criminal consequences of failure to make required disclosure
- 1206.Civil consequences of failure to make required disclosure
- 1207.Application of general provisions about offences
- 1208.Interpretation
- Chapter 1 Introductory
- 1209.Main purposes of Part
- 1210.Meaning of “statutory auditor” etc
- 1211.Eligibility for appointment as a statutory auditor: overview
- Eligibility for appointment
- 1212.Individuals and firms: eligibility for appointment as a statutory auditor
- 1213.Effect of ineligibility
- 1214.Independence requirement
- 1215.Effect of lack of independence
- 1216.Effect of appointment of a partnership
- 1217.Supervisory bodies
- 1218.Exemption from liability for damages
- 1219.Appropriate qualifications
- 1220.Qualifying bodies and recognised professional qualifications
- 1221.Approval of third country qualifications
- 1222.Eligibility of individuals retaining only 1967 Act authorisation
- 1223.Matters to be notified to the Secretary of State
- 1223ZA.Matters to be notified to the competent authority
- 1223A.Notification of matters relevant to approved third country competent authorities
- 1224.The Secretary of State's power to call for information
- 1224ZA.The competent authority’s power to call for information
- 1224A.Restrictions on disclosure
- 1224B.Offence of disclosure in contravention of section 1224A
- 1225.Enforcement: general
- 1225A.Directions: general
- 1225B.Directions: supplementary
- 1225C.Compliance orders
- 1225D.Financial penalties: general
- 1225E.Financial penalties: supplementary
- 1225F.Appeals against financial penalties
- 1225G.Recovery of financial penalties
- Eligibility for appointment
- 1226.Auditors General: eligibility for appointment as a statutory auditor
- 1227.Individuals responsible for audit work on behalf of Auditors General
- 1228.Appointment of the Independent Supervisor
- 1229.Supervision of Auditors General by the Independent Supervisor
- 1230.Duties of Auditors General in relation to supervision arrangements
- 1231.Reports by the Independent Supervisor
- 1232.Matters to be notified to the Independent Supervisor
- 1233.The Independent Supervisor's power to call for information
- 1234.Suspension notices
- 1235.Effect of suspension notices
- 1236.Compliance orders
- 1237.Proceedings involving the Independent Supervisor
- 1238.Grants to the Independent Supervisor
- 1239.The register of auditors
- 1240.Information to be made available to public
- 1240A.Power to approve third countries as equivalent or transitional third countries
- 1240B.Power to approve third country competent authorities
- Introductory
- 1241.Meaning of “registered third country auditor” and “UK-traded third country company”
- 1242.Duties of registered third country auditors
- 1243.Matters to be notified to the Secretary of State
- 1244.The Secretary of State's power to call for information
- 1245.Compliance orders
- 1246.Removal of third country auditors from the register of auditors
- 1247.Grants to bodies concerned with arrangements under Schedule 12
- Power to require second company audit
- 1248.Secretary of State's power to require second audit of a company
- 1249.Supplementary provision about second audits
- 1250.Misleading, false and deceptive statements
- 1251.Fees
- 1251A.Duty of the Secretary of State to report on inspections
- 1252.Delegation of the Secretary of State's functions
- 1253.Delegation of functions to an existing body
- 1253A.Requests to foreign competent authorities
- 1253B.Requests from approved third country competent authorities
- 1253C.Notification to approved third country competent authorities.
- 1253D.Restriction on transfer of audit working papers to third countries
- 1253DA.Transfer by Secretary of State
- 1253DB.Transfer by statutory auditor with approval of Secretary of State
- 1253DC.Transfer by statutory auditor for purposes of investigation of auditor
- 1253DD.Agreement of third country competent authority
- 1253DE.Transfer by means of inspection
- 1253E.Working arrangements for transfer of papers
- 1253F.Publication of working arrangements
- 1254.Directions to comply with international obligations
- 1255.Offences by bodies corporate, partnerships and unincorporated associations
- 1256.Time limits for prosecution of offences
- 1257.Jurisdiction and procedure in respect of offences
- 1258.Service of notices
- 1259.Documents in electronic form
- 1260.Meaning of “associate”
- 1261.Minor definitions
- 1262.Index of defined expressions
- 1263.Power to make provision in consequence of changes affecting accountancy bodies
- 1264.Consequential amendments
- Introductory
- 1265.The transparency obligations directive
- 1266.Transparency rules
- 1267.Competent authority's power to call for information
- 1268.Powers exercisable in case of infringement of transparency obligation
- 1269.Corporate governance rules
- 1270.Liability for false or misleading statements in certain publications
- 1271.Exercise of powers where UK is host member State
- 1272.Transparency obligations and related matters: minor and consequential amendments
- 1273.Corporate governance regulations
- Regulation of actuaries etc
- 1274.Grants to bodies concerned with actuarial standards etc
- 1275.Levy to pay expenses of bodies concerned with actuarial standards etc
- 1276.Application of provisions to Scotland and Northern Ireland
- 1277.Power to require information about exercise of voting rights
- 1278.Institutions to which information provisions apply
- 1279.Shares to which information provisions apply
- 1280.Obligations with respect to provision of information
- 1281.Disclosure of information under the Enterprise Act 2002
- 1282.Payment of expenses of winding up
- 1283.Amendment of memorandum or articles of commonhold association
- 1284.Extension of Companies Acts to Northern Ireland
- 1285.Extension of GB enactments relating to UK Societas
- 1286.Extension of GB enactments relating to certain other forms of business organisation
- 1287.Extension of enactments relating to business names
- Regulations and orders
- 1288.Regulations and orders: statutory instrument
- 1289.Regulations and orders: negative resolution procedure
- 1290.Regulations and orders: affirmative resolution procedure
- 1291.Regulations and orders: approval after being made
- 1292.Regulations and orders: supplementary
- 1292A.“Bank of England”
- 1293.Meaning of “enactment”
- 1294.Power to make consequential amendments etc
- 1295.Repeals
- 1296.Power to make transitional provision and savings
- 1297.Continuity of the law
- 1298.Short title
- 1299.Extent
- 1300.Commencement
- SCHEDULE 1Connected persons: references to an interest in shares or debentures
- Introduction
- 1.(1) The provisions of this Schedule have effect for the.
- 2.(1) A reference to an interest in shares includes any.
- 3.(1) A person is taken to have an interest in.
- 4.(1) A person is taken to have an interest in.
- 5.(1) A person is taken to be interested in shares.
- 6.(1) Where an interest in shares is comprised in property.
- PART 1 The specified conditions
- Introduction
- 1.This Part of this Schedule specifies the conditions at least.
- 2.The first condition is that X holds, directly or indirectly.
- 3.The second condition is that X holds, directly or indirectly.
- 4.The third condition is that X holds the right, directly.
- 5.The fourth condition is that X has the right to.
- 6.The fifth condition is that— (a) the trustees of a.
- Introduction
- 7.This Part of this Schedule specifies the circumstances in which.
- 8.(1) V holds an interest in company W if—
- 9.(1) This paragraph applies where V— (a) holds an interest.
- Introduction
- 10.This Part sets out rules for the interpretation of this.
- 11.If two or more persons each hold a share or.
- 12.(1) If shares or rights held by a person and.
- 13.(1) In relation to a legal entity that has a.
- 14.(1) A reference to the voting rights in a legal.
- 15.In applying this Schedule, the voting rights in a legal.
- 16.A reference to the right to appoint or remove a.
- 17.References to a board of directors, in the case of.
- 18.(1) A person holds a share “indirectly” if the person.
- 19.A share held by a person as nominee for another.
- 20.(1) Where a person controls a right, the right is.
- 21.(1) “ Arrangement ” includes— (a) any scheme, agreement or.
- 22.(1) Rights that are exercisable only in certain circumstances are.
- 23.Rights attached to shares held by way of security provided.
- 24.(1) The Secretary of State must issue guidance about the.
- 25.(1) An individual does not meet the specified condition in.
- 26.(1) The Secretary of State may by regulations amend this.
- Right to issue restrictions notice
- 1.(1) This paragraph applies if— (a) a notice under section.
- 2.(1) For the purposes of this Schedule, a person has.
- 3.(1) The effect of a restrictions notice issued under paragraph.
- 4.(1) The court may give a direction under this paragraph.
- 5.(1) A person commits an offence if the person does.
- 6.If shares in a company are issued in contravention of.
- 7.(1) A person guilty of an offence under paragraph 5.
- 8.(1) An application may be made to the court for.
- 9.(1) The court may order that the relevant interest subject.
- 10.(1) If a relevant interest is sold in pursuance of.
- 11.A company that issues a person with a restrictions notice.
- 12.(1) The Secretary of State may by regulations make provision.
- 13.(1) A person to whom a notice under section 790D.
- 14.(1) A person commits an offence if the person—
- 14A.(1) A person commits an offence if, in purported compliance.
- 14B.(1) A person commits an offence if, in purported compliance.
- PART 1 General principles
- 1.(1) All holders of the securities of an offeree company.
- 2.(1) The holders of the securities of an offeree company.
- 3.The board of directors of an offeree company must act.
- 4.False markets must not be created in the securities of—.
- 5.An offeror must announce a takeover bid only after—
- 6.An offeree company must not be hindered in the conduct.
- Protection of minority shareholders, the mandatory takeover bid and the equitable price
- 7.(1) Rules must ensure that a person (“P”) is required.
- 8.(1) For the purposes of paragraph 7, “the equitable price”.
- 9.(1) Rules must ensure that the offeror may offer by.
- 10.Any rules that make provision to protect the interests of.
- 11.(1) Rules must ensure that a decision to make a.
- 12.(1) Rules must ensure that an offeror must draw up.
- 13.(1) Rules must ensure that, subject to any provision made.
- 14.(1) Rules may contain provision changing the time allowed for.
- 15.Rules must ensure that a takeover bid must be made.
- 16.Rules must ensure that all information and documents required by.
- 17.(1) Rules must ensure that, during the relevant period, the.
- 18.(1) Rules must ensure that the board of directors of.
- 19.Rules must make provision governing the conduct of takeover bids.
- 20.(1) In this Schedule— “offer document” means a document required.
- 21.(1) In this Schedule, other than in the listed provisions.
- PART 1 SPECIFIED PERSONS
- (A) UNITED KINGDOM
- 1.The Secretary of State.
- 2.The Department of Enterprise, Trade and Investment for Northern Ireland.
- 3.The Treasury.
- 4.The Bank of England.
- 5.The Financial Services Authority.
- 6.The Commissioners for Her Majesty's Revenue and Customs.
- 7.The Lord Advocate.
- 8.The Director of Public Prosecutions.
- 9.The Director of Public Prosecutions for Northern Ireland.
- 10.A constable.
- 11.A procurator fiscal.
- 12.The Scottish Ministers.
- 1.The Minister for Economic Development.
- 2.The Minister for Treasury and Resources.
- 3.The Jersey Financial Services Commission.
- 4.The Comptroller of Income Tax.
- 5.The Agent of the Impôts.
- 6.Her Majesty's Attorney General for Jersey.
- 7.The Viscount.
- 8.A police officer (within the meaning of the Interpretation (Jersey).
- 1.The Commerce and Employment Department.
- 2.The Treasury and Resources Department.
- 3.The Guernsey Financial Services Commission.
- 4.The Director of Income Tax.
- 5.The Chief Officer of Customs and Excise.
- 6.Her Majesty's Procureur.
- 7.A police officer (within the meaning of the Companies (Guernsey).
- 1.(1) The members and officers of each of the Departments.
- 2.The Treasury of the Isle of Man.
- 3.The Financial Supervision Commission of the Isle of Man.
- 4.Her Majesty's Attorney General of the Isle of Man.
- 5.A constable (within the meaning of the Interpretation Act 1976.
- (A) UNITED KINGDOM
- 1.A disclosure for the purpose of enabling or assisting a.
- 2.A disclosure for the purpose of enabling or assisting an.
- 3.A disclosure for the purpose of enabling or assisting a.
- 4.A disclosure for the purpose of enabling or assisting a.
- 5.A disclosure for the purpose of enabling or assisting a.
- 6.A disclosure for the purpose of enabling or assisting a.
- 7.A disclosure for the purpose of enabling or assisting the.
- 8.A disclosure for the purpose of enabling or assisting a.
- 9.A disclosure for the purpose of enabling or assisting a.
- 10.A disclosure for the purpose of enabling or assisting a.
- 11.A disclosure for the purpose of enabling or assisting the.
- 12.A disclosure for the purpose of enabling or assisting a.
- 13.A disclosure for the purpose of enabling or assisting the.
- 14.A disclosure for the purpose of enabling or assisting the.
- 15.A disclosure for the purpose of enabling or assisting the.
- 16.A disclosure for the purpose of enabling or assisting a.
- 17.A disclosure for the purpose of enabling or assisting an.
- 18.. . . . . . . . . .
- 19.A disclosure for the purpose of enabling or assisting a.
- 20.A disclosure for the purpose of enabling or assisting the.
- 21.A disclosure for the purpose of enabling or assisting the.
- 22.A disclosure for the purpose of enabling or assisting the.
- 23.A disclosure for the purpose of enabling or assisting the.
- 24.A disclosure for the purpose of enabling or assisting organs.
- 25.A disclosure for the purpose of enabling or assisting the.
- 26.. . . . . . . . . .
- 27.A disclosure with a view to the institution of, or.
- 28.A disclosure for the purpose of enabling or assisting an.
- 29.A disclosure for the purpose of enabling or assisting the.
- 30.A disclosure for the purpose of enabling or assisting the.
- 31.A disclosure for the purpose of enabling or assisting the.
- 32.A disclosure by the Gambling Commission to the Comptroller and.
- 33.A disclosure for the purposes of enabling or assisting a.
- 34.A disclosure for the purpose of enabling or assisting an.
- 35.A disclosure for the purpose of enabling or assisting an.
- 36A.A disclosure for the purpose of enabling or assisting the.
- 36.A disclosure for the purpose of enabling or assisting a.
- 37.A disclosure for the purpose of enabling or assisting the.
- 38.A disclosure for the purpose of enabling or assisting the.
- 39.A disclosure for the purpose of enabling or assisting a.
- 40.(1) A disclosure for the purpose of enabling or assisting.
- 41.A disclosure for the purpose of enabling or assisting a.
- 42.A disclosure for the purpose of enabling or assisting a.
- 43.A disclosure with a view to the institution of, or.
- 44.A disclosure for the purpose of enabling or assisting a.
- 45.A disclosure for the purpose of enabling or assisting a.
- 46.A disclosure for the purpose of enabling or assisting the.
- 47.A disclosure for the purpose of enabling or assisting a.
- 48.A disclosure with a view to the institution of, or.
- 49.A disclosure with a view to the institution of, or.
- 50.A disclosure for the purposes of proceedings before a tribunal.
- 51.A disclosure for the purpose of enabling or assisting a.
- 52.(1) A disclosure with a view to the institution of.
- 53.(1) A disclosure with a view to the institution of.
- 1.A disclosure for the purpose of enabling or assisting an.
- 2.A disclosure for the purpose of enabling or assisting a.
- 3.A disclosure for the purpose of enabling or assisting an.
- 4.A disclosure for the purpose of enabling or assisting the.
- 5.A disclosure for the purpose of enabling or assisting the.
- 6.A disclosure for the purpose of enabling or assisting the.
- 7.A disclosure for the purpose of enabling or assisting the.
- 8.A disclosure for the purpose of enabling or assisting Her.
- 9.A disclosure for the purpose of enabling or assisting Her.
- 10.A disclosure for the purpose of enabling or assisting the.
- 11.A disclosure with a view to the institution of, or.
- 12.(1) A disclosure with a view to the institution of.
- 13.(1) A disclosure with a view to the institution of.
- 1.A disclosure for the purpose of enabling or assisting the.
- 2.A disclosure for the purpose of enabling or assisting a.
- 3.A disclosure for the purpose of enabling or assisting Her.
- 4.A disclosure for the purpose of enabling or assisting the.
- 5.A disclosure for the purpose of enabling or assisting any.
- 6.A disclosure with a view to the institution of, or.
- 7.(1) A disclosure with a view to the institution of.
- 8.(1) A disclosure with a view to the institution of.
- 1.A disclosure for the purpose of enabling or assisting an.
- 2.A disclosure for the purpose of enabling or assisting a.
- 3.A disclosure for the purpose of enabling or assisting the.
- 4.A disclosure for the purpose of enabling or assisting an.
- 5.A disclosure for the purpose of enabling or assisting the.
- 6.A disclosure for the purpose of enabling or assisting an.
- 7.A disclosure for the purpose of enabling or assisting the.
- 8.A disclosure with a view to the institution of, or.
- 9.A disclosure for the purpose of enabling or assisting—
- 10.A disclosure for the purpose of enabling or assisting the.
- 11.A disclosure for the purpose of enabling or assisting the.
- 12.A disclosure for the purpose of enabling or assisting the.
- 13.A disclosure for the purpose of enabling or assisting Her.
- 14.A disclosure for the purpose of enabling or assisting the.
- 15.A disclosure for the purpose of enabling or assisting an.
- 16.(1) A disclosure with a view to the institution of.
- 17.(1) A disclosure with a view to the institution of.
- 1.A disclosure for the purpose of enabling or assisting—
- 2.(1) A disclosure for the purpose of enabling or assisting.
- 3.A disclosure with a view to the institution of, or.
- 4.A disclosure for the purpose of the provision of a.
- 5.A disclosure in pursuance of any EU obligation.
- 1.(1) A disclosure is made in accordance with this Part.
- 2.In determining whether to disclose information to a person or.
- Failure to give information about interests in shares etc
- 1.(1) In subsection (3) of section 444 of the Companies.
- 2.(1) In section 448(7) of the Companies Act 1985 (obstruction.
- 3.(1) Section 449 of the Companies Act 1985 (wrongful disclosure.
- 4.(1) For subsection (3) of section 450 of the Companies.
- 5.(1) For subsection (2) of section 451 of the Companies.
- 6.(1) Section 453A of the Companies Act 1985 (obstruction of.
- 7.(1) In subsection (1) of section 455 of the Companies.
- Part 1 Introduction