Source: http://www.legislation.gov.uk/uksi/2008/948/schedule/1
Timestamp: 2020-07-08 05:44:08
Document Index: 194973920

Matched Legal Cases: ['ART 1', 'art 42', 'art 42', 'art 42', 'art 42', 'art 42', 'art 42', 'art 42', 'art 42', 'art 42', 'art 6', 'art 42', 'art 42', 'art 42', 'art. 3', 'art 42', 'art 1', 'art 42', 'art 42', 'art 42', 'art 42', 'art 42', 'art 2', 'art 42', 'art 42', 'art 2', 'art. 1', 'art 1', 'art 2', 'art 5', 'art 12', 'art 15', 'art 16', 'art 10', 'art 23', 'art 20', 'art 20', 'art 20', 'art 23', 'art 23', 'art 5', 'art 2', 'art 23', 'art 3', 'art 15', 'art 2', 'art 2', 'art 2', 'art 4', 'art 4', 'art 4', 'art 3', 'art 2', 'art 2', 'art 2', 'art 26', 'art 26', 'art 2', 'art 26', 'art 26', 'art 17', 'ART 17', 'art 2', 'art 7', 'art 15', 'art 15', 'art 20', 'art 20', 'art 20', 'art 23', 'art 23', 'art 6', 'art 23', 'art 3', 'art 23', 'art 23', 'art 2', 'art 2', 'art 2', 'art 4', 'art 2', 'art 2', 'art 15', 'art 23', 'art 23', 'art 42', 'art 42', 'art 16', 'art 1', 'ART 1', 'ART 2', 'art 26', 'art 26', 'art 3', 'art 26', 'art 26', 'art 14', 'ART 15', 'art 1', 'ART 1', 'art 1', 'art 15', 'art 26', 'art 7', 'art 15', 'art 6', 'art 4', 'art 15', 'art 42', 'art 2', 'art 15', 'art. 1', 'art 26', 'art 2', 'art 2', 'art 2', 'art 11', 'art 16', 'art 1', 'art 2', 'art 42']

There are currently no known outstanding effects for the The Companies Act 2006 (Consequential Amendments etc) Order 2008, SCHEDULE 1.
SCHEDULE 1U.K.AMENDMENTS COMING INTO FORCE ON 6TH APRIL 2008
PART 1 U.K.AMENDMENTS ABOUT ELIGIBILITY FOR APPOINTMENT AS AUDITOR AND RELATED MATTERS
References to eligibility under section 25 of the Companies Act 1989 or Article 28 of the Companies (Northern Ireland) Order 1990U.K.
2. In the following provisions F53, for “company auditor under Article 28 of the Companies (Northern Ireland) Order 1990” substitute “ statutory auditor under Part 42 of the Companies Act 2006 ”U.K.
(a)section 10(1) of the Pig Production Development Act (Northern Ireland) 1964 F54 (accounts of Pig Production Development Fund);
(b)section 41(1) of the Industrial and Provident Societies Act (Northern Ireland) 1969 F55 (accounts of industrial and provident societies);
(c)Article 20(3) of the Legal Aid, Advice and Assistance (Northern Ireland) Order 1981 F56 (accounts of legal aid fund);
(d)Article 46(1) of the Credit Unions (Northern Ireland) Order 1985 F57 (accounts of credit unions);
(e)the definition of “qualified accountant” in Article 2(2) of the Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985 F58;
(f)Article 10(2) of the Horse Racing (Northern Ireland) Order 1990 F59 (accounts of Governor and Freemen of the Corporation of Horse Breeders, in the County of Down and of the Downpatrick Race Club);
(g)paragraph 6 of Schedule 1 to the Industrial Relations (Northern Ireland) Order 1992 F60 (accounts of trade unions and employers' associations).
F53The provisions referred to in paragraph 2 have all been substituted, or had words substituted, by the Schedule to the Companies Act 1989 (Eligibility for Appointment as Company Auditor) (Consequential Amendments) Regulations 1991 (S.I. 1991/1997).
F541964 c.25 (N.I.).
F551969 c.24 (N.I.).
F56S.I. 1981/228 (N.I. 8).
F57S.I. 1985/1205 (N.I. 12).
F58S.I. 1985/1204 (N.I. 11).
F59S.I. 1990/1508 (N.I. 12).
F60S.I. 1992/807 (N.I. 5).
3. In the following provisions, for “company auditor under section 25 of the Companies Act 1989 or Article 28 of the Companies (Northern Ireland) Order 1990” substitute “ statutory auditor under Part 42 of the Companies Act 2006 ”U.K.
(a)section 2C(3) of the Dentists Act 1984 F61 (accounts of the General Dental Council);
(b)section 40(3) of the Osteopaths Act 1993 F62 (accounts of General Osteopathic Council);
(c)section 41(3) of the Chiropractors Act 1994 F63 (accounts of General Chiropractic Council).
F611984 c.24; section 2C was inserted by the Dentists Act 1984 (Amendment) Order 2005 (S.I. 2005/2011), article 5.
F621993 c.21.
F631994 c.17.
Industrial and Provident Societies Act 1965 (c.12)U.K.
F644. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F64Sch. 1 para. 4 repealed (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 7 (with Sch. 5)
Friendly and Industrial and Provident Societies Act 1968 (c.55)U.K.
F655. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F65Sch. 1 para. 5 repealed (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 7 (with Sch. 5)
Industrial and Provident Societies Act (Northern Ireland) 1969 (c.24) (N.I.)U.K.
6. In section 42(1)(e) of the Industrial and Provident Societies Act (Northern Ireland) 1969 F66 (industrial and provident societies: restrictions on appointment of auditors), for “by virtue of Article 30 of the Companies (Northern Ireland) Order 1990 ineligible for appointment as auditor” substitute “ prohibited by section 1214 of the Companies Act 2006 (independence requirement) from acting as statutory auditor ”.
F66Section 42(1)(e) was inserted by the Schedule to the Companies (1990 Order) (Eligibility for Appointment as Company Auditor) (Consequential Amendments) Regulations (Northern Ireland) 1993 (S.R. (NI) 1993 No 67), paragraph 4.
National Trust Act 1971 (c.vi)U.K.
7. In section 22 of the National Trust Act 1971 (accounts of the National Trust), in the proviso, for the words from “shall not be qualified” to the end substitute “ is not eligible for appointment under this section unless eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006 ”.
8.—(1) Section 14 of the Estate Agents Act 1979 F67 (keeping of client accounts) is amended as follows.
F67Section 14(6) and (7) were substituted by the Schedule to the Companies 1990 Order (Eligibility for Appointment as Company Auditor) (Consequential Amendments) Regulations 1991 (S.I. 1991/1997), paragraph 33: they have been amended by the Schedule to the Companies (1990 Order) (Eligibility for Appointment as Company Auditor) (Consequential Amendments) Regulations (Northern Ireland) 1993 (S.R. (NI) 1993 No 67), paragraph 9.
9. In section 29(10) of the Civic Government (Scotland) Act 1982 (metal dealers' exemption warrants: interpretation), in the definition of “auditor”, for “qualified under section 161 of the Companies Act 1948 for appointment as auditor of a company within the meaning of that Act” substitute “ eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006 ”.
Administration of Justice Act 1985 (c.61)U.K.
10.—(1) In Schedule 6 to the Administration of Justice Act 1985 F68 (bodies recognised under section 32), paragraph 15 (application of rules relating to accounts) is amended as follows.
(2) In sub-paragraph (1), for the words from “is a member” to the end substitute “ is eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006 ”.
(3) In sub-paragraph (2), for “is not qualified to act as auditor” substitute “ would be prohibited by section 1214 of that Act (independence requirement) from acting as statutory auditor ”.
F68Schedule 6 has been repealed by the Legal Services Act 2007 (c.29), Schedule 17, paragraph 32(1) and (17) with effect from a date to be appointed.
Transport Act 1985 (c.67)U.K.
11.—(1) The Transport Act 1985 F69 is amended as follows.
(2) In section 76(1) (audit of accounts of public transport companies in England and Wales), for “being eligible for such appointment in accordance with Part II of the Companies Act 1989” substitute “ meeting the requirements of Part 42 of the Companies Act 2006 (statutory auditors) ”.
(3) In section 77(2) (audit of accounts of public transport companies in Scotland), for “being eligible for such appointment in accordance with Part II of the Companies Act 1989” substitute “ meeting the requirements of Part 42 of the Companies Act 2006 (statutory auditors) ”.
F69Sections 76(1) and 77(2) have been amended by the Schedule to the Companies Act 1989 (Eligibility for Appointment as Company Auditor) (Consequential Amendments) Regulations 1991 (S.I. 1991/1997), paragraph 57.
Airports Act 1986 (c.31)U.K.
12.—(1) The Airports Act 1986 F70 is amended as follows.
(2) In section 22(5) (audit of accounts of public airport company in England and Wales), for “being eligible for such appointment in accordance with Part II of the Companies Act 1989” substitute “ meeting the requirements of Part 42 of the Companies Act 2006 (statutory auditors) ”.
(3) In section 23(2) (audit of accounts of public airport authority company in Scotland), for “being eligible for such appointment in accordance with Part II of the Companies Act 1989” substitute “ meeting the requirements of Part 42 of the Companies Act 2006 (statutory auditors) ”.
F70Sections 22(5) and 23(2) have been amended by the Schedule to the Companies Act 1989 (Eligibility for Appointment as Company Auditor) (Consequential Amendments) Regulations 1991 (S.I. 1991/1997), paragraph 63 and the Public Audit (Wales) Act 2004 (c.23), Schedule 2, paragraph 7.
13.—(1) Section 77 of the Building Societies Act 1986 (auditors) is amended as follows.
(b)omit paragraph 5 F71.
F71Paragraph 5 has been amended by the Schedule to the Companies Act 1989 (Eligibility for Appointment as Company Auditor) (Consequential Amendments) Regulations 1991 (S.I. 1991/1997), paragraph 65, the Companies Act 1989 Part II (Consequential Amendment) (No. 2) Regulations 1995 (S.I. 1995/2723), regulation 2, the Building Societies Act 1997 (c.32), Schedule 7, paragraph 61 and the Financial Services and Markets Act 2000 (Mutual Societies) Order 2001 (S.I. 2001/2617), Schedule 3, paragraphs 131 and 206.
15.—(1) Section 78A of the Friendly Societies Act 1992 F72 (interpretation of Part 6: accounts and audit) is amended as follows.
F72Section 78A was inserted by the Schedule to the Friendly Societies Act 1992 (International Accounting Standards and Other Accounting Amendments) Order 2005 (S.I. 2005/2211), paragraph 3; Schedule 14 has been amended in respects which are not relevant to this Order.
16.—(1) Schedule 14 to the Friendly Societies Act 1992 (auditors: appointment, tenure, qualifications and remuneration) is amended as follows.U.K.
“Appointments to which the Audit Directive applies
3A.—(1) Appointment as auditor of a friendly society to which the Audit Directive applies is an appointment as a statutory auditor to which the provisions of Part 42 of the Companies Act 2006 apply.
(3) In paragraph 4(3), in the definition of “recognised supervisory body” for “Part II of the Companies Act 1989 or Part III of the Companies (Northern Ireland) Order 1990” substitute “ Part 42 of the Companies Act 2006 ”.
(4) In paragraph 5(1), for “ineligible by virtue of section 27(1)(a) or (b) of the Companies Act 1989 or Article 20(1) of the Companies (Northern Ireland) Order 1990 for appointment as a company auditor” substitute “ prohibited by section 1214(2) of the Companies Act 2006 (independence requirement) from acting as statutory auditor ”.
Charities Act 1993 (c.10)U.K.
17. F73...
F73Sch. 1 para. 17 repealed (14.3.2012) by Charities Act 2011 (c. 25), s. 355, Sch. 10 (with s. 20(2), Sch. 8)
Leasehold Reform, Housing and Urban Development Act 1993 (c.28)U.K.
18.—(1) Schedule 18 to the Leasehold Reform, Housing and Urban Development Act 1993 (finances of Urban Regeneration Agency) is amended as follows.
(a)in paragraph (a), for “company auditor under Part II of the Companies Act 1989” substitute “ statutory auditor under Part 42 of the Companies Act 2006 ”;
(b)for paragraph (b) F74, substitute—
F74Paragraph 10(2)(b) has been amended by the Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194 (C. 84)), Schedule 4, paragraph 83.
19. For section 46(2)(b) of the Environment Act 1995 F75 (appointment to audit accounts of Environment Agency), substitute—
F75Section 46 has been repealed so far as relating to the Scottish Environment Protection Agency by the Public Finance Accountability (Scotland) Act 2000 (asp 1), Schedule 4, paragraph 13(1) and (2); subsection (2)(b) has been amended by the Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194 (C. 84)), Schedule 4, paragraph 87.
Housing Act 1996 (c.52)U.K.
20. In Schedule 1 to the Housing Act 1996 (registered social landlords), for paragraph 18(4B) F76substitute—
F76Paragraph 18(4B) was inserted by the Housing Act 2004 (c.34), Schedule 11, paragraphs 7 and 20.
Occupational Pension Schemes (Scheme Administration) Regulations 1996 (S.I. 1996/1715)U.K.
21. In regulation 4 of the Occupational Pension Schemes (Scheme Administration) Regulations 1996 (qualifications for appointment as auditor etc)—
(b)in paragraph (2)(d), for “section 27 of the Companies Act 1989, ineligible to audit the accounts” substitute “ section 1214 of the Companies Act 2006, prohibited from acting as statutory auditor ”.
Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997 (S.R. (NI) 1997 No 94)U.K.
22. In regulation 4 of the Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997 (qualifications for appointment as auditor etc)—
(b)in paragraph (2)(d), for “Article 30 of the Companies (Northern Ireland) Order 1990, ineligible to audit the accounts” substitute “ section 1214 of the Companies Act 2006, prohibited from acting as statutory auditor ”.
Audit Commission Act 1998 (c.18)U.K.
F7723. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F77Sch. 1 para. 23 revoked (1.4.2015) by Local Audit and Accountability Act 2014 (c. 2), s. 49(1), Sch. 1 Pt. 2; S.I. 2015/841, art. 3(a)
Greater London Authority Act 1999 (c.29)U.K.
24.—(1) Paragraph 8(5) of Schedule 18 to the Greater London Authority Act 1999 (accounts of London Transport Users' Committee) is amended as follows.
(2) In paragraph (a), for “company auditor under Part II of the Companies Act 1989” substitute “ statutory auditor under Part 42 of the Companies Act 2006 ”.
(3) For paragraph (b) F78, substitute—
F78Paragraph 8(5)(b) was amended by the Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194 (C. 84)), Schedule 4, paragraph 91.
Terrorism Act 2000 (c.11)U.K.
25.—(1) Paragraph 1 of Schedule 3A to the Terrorism Act 2000 F79 (definition of business in the regulated sector) is amended as follows.
F79Schedule 3A was inserted by the Anti-terrorism, Crime and Security Act 2001 (c.24), Schedule 2, paragraph 5(1); Part 1 of that Schedule was substituted by the Terrorism Act 2000 (Business in the Regulated Sector and Supervisory Authorities) Order 2007 (S.I. 2007/3288), article 2.
Political Parties, Elections and Referendums Act 2000 (c.41)U.K.
26. In section 160(1) of the Political Parties, Elections and Referendums Act 2000 F80 (general interpretation), in the definition of “qualified auditor”, for paragraph (a) substitute—
F80Section 160(1) has been amended by the Schedule to the European Parliamentary Elections (Combined Region and Campaign Expenditure) (United Kingdom and Gibraltar) Order 2004 (S.I. 2004/366), paragraph 31(a).
Public Finance and Accountability (Scotland) Act 2000 (asp 1)U.K.
27. In section 21 of the Public Finance and Accountability (Scotland) Act 2000 (audit), in subsection (5)(a), for “eligible for appointment as a company auditor under section 25 of the Companies Act 1989” substitute “ eligible for appointment as a statutory auditor under Chapter 2 of Part 42 of the Companies Act 2006 ”.
Open-Ended Investment Companies Regulations 2001 (S.I. 2001/1228)U.K.
28.—(1) Schedule 5 to the Open-Ended Investment Companies Regulations 2001 (auditors) is amended as follows.
(2) In paragraph 1, for “also eligible under section 25 of the Companies Act 1989 for appointment as a company auditor” substitute “ eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006 ”.
Education (QCA Levy) Regulations 2002 (S.I. 2002/435)U.K.
29. In regulation 8(4) of the Education (QCA Levy) Regulations 2002 (submission of auditor's certificate), in the closing words, for “eligible by virtue of section 25 of the Companies Act 1989 for appointment as a company auditor” substitute “ eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006 ”.
Communications Act 2003 (c.21)U.K.
30.—(1) The Communications Act 2003 is amended as follows.
if the appointment to carry out such auditing as is mentioned in subsection (3)(b) were an appointment as a statutory auditor, would not be prohibited from acting by section 1214 of that Act (independence requirement);”.
Companies (Audit, Investigations and Community Enterprise) Act 2004 (c.27)U.K.
31. In section 43(2) of the Companies (Audit, Investigations and Community Enterprise) Act 2004 F81 (qualification of auditor), for the words from “as a company auditor” to the end substitute “ as a statutory auditor under Part 42 of the Companies Act 2006 ”.
F81Section 43(2) has been amended by the Companies Act 2006 (Commencement No. 2, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/1093 (C. 49)), Schedule 4, paragraph 12(a).
Open-Ended Investment Companies Regulations (Northern Ireland) 2004 (S.R. (NI) 2004 No 335)U.K.
32.—(1) Schedule 5 to the Open-Ended Investment Companies Regulations (Northern Ireland) 2004 (auditors) is amended as follows.
(2) In paragraph 1, for “also eligible under Article 28 of the Companies (Northern Ireland) Order 1990 for appointment as a company auditor” substitute “ eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006 ”.
Registered Pension Schemes (Audited Accounts) (Specified Persons) Regulations 2005 (S.I. 2005/3456)U.K.
33. For regulation 2(a) of the Registered Pension Schemes (Audited Accounts) (Specified Persons) Regulations 2005 (specified descriptions of persons in relation to the audit of registered pension scheme accounts) substitute—
Government of Wales Act 2006 (c.32)U.K.
34. In paragraph 21(6) of Schedule 8 to the Government of Wales Act 2006, in paragraph (a) of the definition of “accountancy body”, for “Part 2 of the Companies Act 1989” substitute “ Part 42 of the Companies Act 2006 ”.
Charities Accounts (Scotland) Regulations 2006 (S.S.I. 2006/218)U.K.
35. In regulation 10(2) of the Charities Accounts (Scotland) Regulations (annual accounts of charity), for “eligible to act as an auditor in terms of section 25 of the Companies Act 1989” substitute “ eligible for appointment as a statutory auditor under Part 42 of the Companies Act 2006 ”.
European Grouping of Territorial Co-operation Regulations 2007 (S.I. 2007/1949)U.K.
36. For regulation 6(5) of the European Grouping of Territorial Co-operation Regulations 2007 substitute—
37. In section 2 of the Stock Transfer Act 1963 F82 (simplified transfers: supplementary provisions)—
(a)in subsection (2), for “the reference in section 184 of the Companies Act 1985 (certification of transfers) to any instrument of transfer” substitute “ the references to an instrument of transfer in section 775 of the Companies Act 2006 (certification of instrument of transfer) ”;
(b)in subsection (3)(a), for “section 183(1) and (2) of the Companies Act 1985” substitute “ section 770(1)(a) of the Companies Act 2006 (registration of transfer) ”.
F82Section 2(2) and (3) have been amended by the Companies Consolidation (Consequential Provisions) Act 1985 (c.9), Schedule 2.
Stock Transfer Act (Northern Ireland) 1963 (c.24) (N.I.)U.K.
38. In section 2 of the Stock Transfer Act (Northern Ireland) 1963 F83 (supplementary provisions as to simplified transfer)—
(a)in subsection (2), for “the reference in Article 194(1) of the Companies (Northern Ireland) Order 1986 to any instrument of transfer” substitute “ the references to an instrument of transfer in section 775 of the Companies Act 2006 (certification of instrument of transfer) ”;
(b)in subsection (3)(a), for “Article 193(1) and (2) of the Companies (Northern Ireland) Order 1986” substitute “ section 770(1)(a) of the Companies Act 2006 (registration of transfer) ”.
F83Section 2(2) and (3) have been amended by the Companies Consolidation (Consequential Provisions) (Northern Ireland) Order 1986 (S.I. 1986/1035 (N.I. 9)), Schedule 1.
Harbours Act 1964 (c.40)U.K.
39. In section 42 of the Harbours Act 1964 F84 (accounts and reports relating to harbour activities and associated activities)—
(b)in subsection (7)(a), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”;
(c)in subsection (9), in the definitions of “parent undertaking” and “subsidiary undertaking”, for “Part VII of the Companies Act 1985” substitute “ the Companies Acts (see section 1162 of, and Schedule 7 to, the Companies Act 2006) ”.
F84Section 42(6) and (7) have been amended by the Companies Consolidation (Consequential Provisions) Act 1985 (c.9), Schedule 2; section 42(9) has been amended by the Companies Act 1989 (c.40), Schedule 10, Part 2, paragraph 26(4).
Transport Act (Northern Ireland) 1967 (c.37) (N.I.)U.K.
40. In section 53(2) of the Transport Act (Northern Ireland) 1967 F85 (accounts of Northern Ireland Transport Holding Company and its subsidiaries), for “the Companies (Northern Ireland) Order 1986” substitute “ the Companies Act 2006 ”.
F85Section 53(2) has been amended by the Companies Consolidation (Consequential Provisions) (Northern Ireland) Order 1986 (S.I. 1986/1035 (N.I. 9)), Schedule 1.
Harbours Act (Northern Ireland) 1970 (c.1) (N.I.)U.K.
41. In section 30(3) of the Harbours Act (Northern Ireland) 1970 F86 (accounts of harbour authorities), for “the Companies (Northern Ireland) Order 1986” substitute “ the Companies Act 2006 ”.
F86Section 30(3) has been amended by the Companies Consolidation (Consequential Provisions) (Northern Ireland) Order 1986 (S.I. 1986/1035 (N.I. 9)), Schedule 1
Redemption of Standard Securities (Scotland) Act 1971 (c.45)U.K.
42. In section 2 of the Redemption of Standard Securities (Scotland) Act 1971 F87 (saving for provision relating to perpetual debentures)—
(a)in the heading, for “s. 89 of Companies Act 1948” substitute “ provision relating to perpetual debentures ”;
(b)in the text, for “section 193 of the Companies Act 1985” substitute “ section 739 of the Companies Act 2006 ”.
F87Section 2 has been amended by the Companies Consolidation (Consequential Provisions) Act 1985 (c.9), Schedule 2.
Fish Industry Act (Northern Ireland) 1972 (c.4) (N.I.)U.K.
43. In section 9(2) of the Fish Industry Act (Northern Ireland) 1972 F88 (acquisition of shares in fish businesses), for “Article 383 of the Companies (Northern Ireland) Order 1986”, substitute “ section 323 of the Companies Act 2006 ”.
F88Section 9 has been amended by the Companies Consolidation (Consequential Provisions) (Northern Ireland) Order 1986 (S.I. 1986/1035 (N.I. 9)), Schedule 1.
Land Tenure Reform (Scotland) Act 1974 (c.38)U.K.
44. In section 11(1) of the Land Tenure Reform (Scotland) Act 1974 (right to redeem heritable security after 20 years where security subjects used as private dwelling-house), for “section 89 of the Companies Act 1948 (perpetual debentures, etc)” substitute “ section 739 of the Companies Act 2006 (perpetual debentures) ”.
Aircraft and Shipbuilding Industries Act 1977 (c.3)U.K.
F8945. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F89Sch. 1 para. 45 revoked (22.3.2013) by The Public Bodies (Abolition of British Shipbuilders) Order 2013 (S.I. 2013/687), art. 1(2), Sch. 2
Crown Agents Act 1979 (c.43)U.K.
46. In section 22(2) of the Crown Agents Act 1979 F90 as applied by paragraph 20 of Schedule 5 to that Act (accounts of Crown Agents Holding and Realisation Board), for “Part VII of the Companies Act 1985” substitute “ the Companies Acts (see section 1162 of, and Schedule 7 to, the Companies Act 2006) ”.
F90Section 22 has been repealed, except in relation to the Crown Agents Holding and Realisation Board, by the Crown Agents Act 1995, Schedule 2, Part 1; section 22(2) has been amended by the Companies Act 1989 (c.40), Schedule 10, Part 2, paragraph 29.
Aircraft and Shipbuilding Industries (Northern Ireland) Order 1979 (S.I. 1979/294 (N.I. 1))U.K.
47.—(1) Article 12 of the Aircraft and Shipbuilding Industries (Northern Ireland) Order 1979 F91 (accounts and reports of principal companies) is amended as follows.
(a)in sub-paragraph (a), for “Article 246 of the Companies (Northern Ireland) Order 1986” substitute “ section 423 of the Companies Act 2006 ”;
(b)in sub-paragraph (b), for “Article 249 of that Order” substitute “ section 437 of that Act ”.
(3) In paragraph (2), in the closing words, for “the Companies (Northern Ireland) Order 1986” substitute “ the Companies Act 2006 ”.
F91Article 12(1) was substituted by the Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194 (C. 84)), Schedule 4, paragraph 34; Article 12(2) has been amended by the Companies Consolidation (Consequential Provisions) (Northern Ireland) Order 1986 (S.I. 1986/1035 (N.I. 9)), Schedule 1.
British Aerospace Act 1980 (c.26)U.K.
48. In section 4 of the British Aerospace Act 1980 (financial structure of successor company and its subsidiaries) F92—
(i)for “section 264(3)(d) of the Companies Act 1985” substitute “ section 831(4)(d) of the Companies Act 2006 ”, and
(ii)for “section 264(3)(c)” substitute “ section 831(4)(c) ”;
(b)in subsection (7), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
F92Section 4(3) and (7) have been amended by the Companies Consolidation (Consequential Provisions) Act 1985 (c.9), Schedule 2.
Industry Act 1980 (c.33)U.K.
49. In section 3(5) of the Industry Act 1980 F93 (finance for companies transferred to Secretary of State)—
(a)in paragraph (a), for “section 238 of the Companies Act 1985 or Article 246 of the Companies (Northern Ireland) Order 1986” substitute “ section 423 of the Companies Act 2006 ”;
(b)in paragraph (b), for “section 241 of that Act or Article 249 of that Order” substitute “ section 437 of that Act ”.
F93Section 3(5) was substituted by the Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194 (C. 84)), Schedule 4, paragraph 35.
Civil Aviation Act 1980 (c.60)U.K.
50. In section 5(5) of the Civil Aviation Act 1980 F94 (financial structure of successor company and its subsidiaries), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
F94Section 5(5) has been amended by the Companies Consolidation (Consequential Provisions) Act 1985 (c.9), Schedule 2.
Transport Act 1981 (c.56)U.K.
51.—(1) Section 10 of the Transport Act 1981 F95 (provisions of the Companies Acts applying to Associated British Ports) is amended as follows.
(a)for “the Companies Acts 1948 to 1980” substitute “ the Companies Acts ”;
(b)for “the Companies Acts 1948 to 1981” substitute “ the Companies Act 1985 ”.
1. Financial assistance for purchase of shares, &c. Chapter 6 of Part 5 of the Companies Act 1985.
2. Registration of charges. Chapter 1 of Part 12 of the Companies Act 1985.
3. Accounts and reports. Part 15 of the Companies Act 2006.
4. Audit. Part 16 of the Companies Act 2006.
5. Disclosure by directors of interests in contracts, &c. Chapter 3 of Part 10 of the Companies Act 2006.
6. Power of Court to give relief in certain cases. Section 1157 of the Companies Act 2006.
7. Restrictions on distributions. Part 23 of the Companies Act 2006.”.
F95Section 10(1) and (2) have been amended by the Associated British Ports (Application of Companies Acts) Regulations 1983 (S.I. 1983/559), regulation 2.
52. In section 11 of the Transport Act 1981 F96 (payments to Holding Company out of profits of Associated British Ports)—U.K.
(a)in subsection (2), for “sections 263 and 264 of the Companies Act 1985” substitute “ sections 830 and 831 of the Companies Act 2006 ”;
(b)in subsection (3), for “the said section 264” substitute “ section 831 of the Companies Act 2006 ”;
(c)in subsection (4), for “section 234 of the Companies Act 1985” substitute “ section 416(3) of the Companies Act 2006 ”.
F96Section 11(2), (3) and (4) have been amended by the Companies Consolidation (Consequential Provisions) Act 1985 (c.9), Schedule 2.
Judgments Enforcement (Northern Ireland) Order 1981 (S.I. 1981/226 (N.I. 6))U.K.
53.—(1) The Judgments Enforcement (Northern Ireland) Order 1981 is amended as follows.
(2) In Article 2(2) F97 (general interpretation), in the definition of “debenture” for “Companies (Northern Ireland) Order 1986” substitute “ Companies Act 2006 ”.
(3) In Article 14 F98 (stay of enforcement in cases of insolvency), in paragraph (3)(b)(i), for “Article 418 of the Companies (Northern Ireland) Order 1986” substitute “ section 896 of the Companies Act 2006 ”.
F97The definition of “debenture” in Article 2(2) has been amended by the Companies Consolidation (Consequential Provisions) (Northern Ireland) Order 1986 (S.I. 1986/1035 (N.I. 9)), Schedule 1.
F98Article 14(3)(b)(i) has been amended by the Companies Consolidation (Consequential Provisions) (Northern Ireland) Order 1986 (S.I. 1986/1035 (N.I. 9)), Schedule 1.
54. In section 10(2) of the Companies Act 1985 (particulars of proposed officers to be provided on registration of company), for paragraph (b) substitute—
55. In section 11 of the Companies Act 1985 (public companies: minimum authorised capital), for the words from “the amount of” to the end, substitute—U.K.
56. In section 13(4) of the Companies Act 1985 (effect of registration), for “section 117 (additional certificate as to amount of allotted share capital)” substitute “ section 761 of the Companies Act 2006 (public company not to do business without trading certificate) ”.U.K.
57. In section 17(2)(a) of the Companies Act 1985 (conditions in memorandum which could have been in articles), for “Part XVII” substitute “ section 996 of the Companies Act 2006 ”.U.K.
58. In section 43(3) of the Companies Act 1985 (re-registration of private company as public: documents to be delivered to registrar), in paragraph (b), for “section 264(2)” substitute “ section 831 of the Companies Act 2006 ”.U.K.
59. In section 44(7)(a) of the Companies Act 1985 (consideration for shares recently allotted to be valued: definition of “arrangement”), for “section 425” substitute “ section 899 of the Companies Act 2006 ”.U.K.
60. In section 45(2) of the Companies Act 1985 (additional requirements relating to share capital), at the end of paragraph (a) insert “ (see Chapter 2 of Part 20 of the Companies Act 2006) ”.U.K.
61.—(1) Section 46 of the Companies Act 1985 F99 (meaning of unqualified auditors' report) is amended as follows.U.K.
(2) In subsection (2), for “in accordance with this Act” substitute “ in accordance with the Companies Act 2006 ”.
(3) In subsection (3), for “the provisions of this Act”, in both places where it occurs, substitute “ the provisions of the Companies Act 2006 ”.
(a)for “section 264(2) and (3)” substitute “ section 831 of the Companies Act 2006 ”;
(b)at the end, insert “ and “financial year” has the meaning given by section 390 of that Act ”.
F99Section 46(2) to (4) were substituted by the Companies Act 1989 (c.40), Schedule 10, paragraph 1.
62. In section 47(3) of the Companies Act 1985 (private company re-registering as public: certificate of re-registration), at the end insert “ (see Chapter 2 of Part 20 of the Companies Act 2006) ”.U.K.
63. In section 103(7)(a) of the Companies Act 1985 (non-cash consideration for shares: definition of “arrangement”), for “section 425” substitute “ section 899 of the Companies Act 2006 ”.U.K.
64. In section 104(2) of the Companies Act 1985 (transfer to public company of non-cash asset: definition of “initial period”), for “section 117” substitute “ section 761 of the Companies Act 2006 ”.U.K.
65. In section 126 of the Companies Act 1985 (variation of class rights: saving for court's powers under other provisions)—U.K.
(a)for “section 425 (court control of company compromising with members and creditors)” substitute “ section 899 of the Companies Act 2006 (court sanction for compromise or arrangement with creditors or members) ”;
(b)for “section 427 (company reconstruction or amalgamation)” substitute “ section 900 of that Act (powers of court to facilitate reconstruction or amalgamation) ”.
66. In section 131(7) of the Companies Act 1985 (merger relief: definitions), in the definition of “arrangement” in the closing words, for “section 425 (company compromise with members and creditors)” substitute “ section 899 of the Companies Act 2006 (court sanction for compromise or arrangement with creditors or members) ”.U.K.
67. In section 143(3)(c) of the Companies Act 1985 (general rule against company acquiring own shares: exceptions), for “Part XVII” substitute “ section 996 of the Companies Act 2006 ”.U.K.
68. In section 149(1) of the Companies Act 1985 (sanctions for public company failing to apply for re-registration as private company), for “section 81” substitute “ Chapter 1 of Part 20 of the Companies Act 2006 ”.U.K.
69. In section 152(1) of the Companies Act 1985 (financial assistance by a company for acquisition of own shares: definitions)—U.K.
(a)in paragraph (b)(ii), for “section 276” substitute “ section 846 of the Companies Act 2006 ”;
(b)in paragraph (c), for “section 263(2)” substitute “ section 829 of the Companies Act 2006 ”.
70. In section 153 of the Companies Act 1985 (transactions not prohibited by section 151), in subsection (3)(e), for “section 425” substitute “ section 899 of the Companies Act 2006 ”.U.K.
71. In section 162C of the Companies Act 1985 F100 (treasury shares: voting and other rights), in subsection (3), for “meetings under section 425” substitute “ meetings summoned under section 896 of the Companies Act 2006 ”.U.K.
F100Section 162C was inserted by the Companies (Acquisition of Own Shares) (Treasury Shares) Regulations 2003 (S.I. 2003/1116), regulation 3.
72. In section 162F(2) of the Companies Act 1985 F101 (treasury shares: proceeds of sale), for “Part VIII” substitute “ Part 23 of the Companies Act 2006 ”.U.K.
F101Section 162F was inserted by the Companies (Acquisition of Own Shares) (Treasury Shares) Regulations 2003 (S.I. 2003/1116), regulation 3.
73. In section 171 of the Companies Act 1985 F102 (power of private companies to redeem or purchase own shares out of capital), in subsection (5)(b), for “any reserve maintained by the company in accordance with paragraph 34 of Schedule 4 or paragraph 34 of Schedule 8 (revaluation reserve)” substitute “ any revaluation reserve maintained by the company in accordance with regulations made under section 396 of the Companies Act 2006 ”.U.K.
F102Section 171(5)(b) has been amended by the Companies Act 1985 (Accounts of Small and Medium-sized Companies and Minor Accounting Amendments) Regulations 1997 (S.I. 1997/220), regulation 7(1).
74. In section 172(1) of the Companies Act 1985 (availability of profits for private company to redeem or purchase shares out of capital)—U.K.
(a)for “Part VIII” substitute “ Part 23 of the Companies Act 2006 ”;
(b)for “sections 270 to 275 in that Part” substitute “ Chapter 2 of that Part ”.
75. In section 181 of the Companies Act 1985 (definitions for Chapter 7 of Part 5), in paragraph (a) (meaning of “distributable profits”) for “section 263(2)” substitute “ section 829 of the Companies Act 2006 ”.U.K.
76.—(1) In section 232(2) of the Companies Act 1985 F103 (disclosure required in notes to accounts: emoluments and other benefits of directors etc), in the paragraph relating to Part 2 of Schedule 6, omit “and connected persons”.U.K.
F103Section 232 was inserted by the Companies Act 1989 (c.40), section 6(3).
77. In section 289 of the Companies Act 1985 F104 (particulars of directors to be registered), in subsection (4)(a) for “section 249AA(3)” substitute “ section 481 of the Companies Act 2006 ”.U.K.
F104Section 289(4)(a) has been amended by the Companies Act 1985 (Audit Exemption) (Amendment) Regulations 2000 (S.I. 2000/1430), regulation 8(7).
78. In section 290(1) of the Companies Act 1985 (particulars of secretaries to be registered), after “with respect to the secretary” insert “ (if any) ”.U.K.
79. In section 351 of the Companies Act 1985 (particulars in correspondence etc), in subsection (1)(c), for “as defined in section 266” substitute “ as defined for the purposes of Part 23 of the Companies Act 2006 (see section 833 of that Act) ”.U.K.
80. In section 364(1)(c) of the Companies Act 1985 F105 (contents of annual return: particulars of secretary), after “the company secretary” insert “ (if any) ”.U.K.
F105Section 364 was substituted by the Companies Act 1989 (c.40), section 139(1).
81. In section 380(2) of the Companies Act 1985 F106 (registration, etc of resolutions and agreements), for the words from “every resolution” to “and which is” substitute “ every such resolution, and every resolution or agreement to which Chapter 3 of Part 3 of the Companies Act 2006 applies (resolutions and agreements affecting a company's constitution), which is ”.U.K.
F106Section 380(2) has been amended by S.I. 2007/2194, Schedule 4, paragraph 1(9).
82. After section 453C of the Companies Act 1985 insert—U.K.
“453D. Offences by bodies corporate
Where an offence under any of sections 448, 449 to 451 and 453A is committed by a body corporate, every officer of the body who is in default also commits the offence. For this purpose—
83. In section 685 of the Companies Act 1985 (registration of joint stock company as public company) in the definition of “undistributable reserves” in subsection (6), for “section 264(3)” substitute “ section 831(4) of the Companies Act 2006 ”.U.K.
84. In section 699 of the Companies Act 1985 F107 (Channel Islands and Isle of Man companies), in subsection (3), for “section 242(1)” substitute “ section 441 of the Companies Act 2006 ”.U.K.
F107Section 699(3) has been amended by the Companies Act 1989 (c.40), Schedule 10, paragraph 12.
85. In section 701 of the Companies Act 1985 F108 (oversea company's financial year and accounting reference periods)—U.K.
(a)in subsection (1), for “Sections 223 to 225” substitute “ Sections 390 to 392 of the Companies Act 2006 ”;
(b)in subsection (3), for “section 225(4)” substitute “ section 392(3) ”.
F108Section 701 was substituted by the Companies Act 1989 (c.40), Schedule 10, paragraph 13.
86. In section 702 of the Companies Act 1985 F109 (delivery to registrar of accounts and reports of oversea company), in subsection (4), for “section 225” substitute “ section 392 of the Companies Act 2006 ”.U.K.
F109Section 702 was substituted by the Companies Act 1989 (c.40), Schedule 10, paragraph 13.
87. In section 742 of the Companies Act 1985 F110 (expressions used in connection with accounts)—U.K.
(a)in subsection (1), for “Part VII (accounts)” substitute “ Part 15 of the Companies Act 2006 (accounts and reports) ”;
(b)in subsection (2), for “section 262(3)” substitute “ section 853(4) and (5) of the Companies Act 2006 ”;
F110Section 742 was substituted by the Companies Act 1989 (c.40), Schedule 10, paragraph 15; subsection (2A) was inserted by the Companies Act 1985 (Electronic Communications) Order 2000 (S.I. 2000/3373), article 28.
88. In Schedule 1 to the Companies Act 1985 F111 (particulars of directors to be contained in statement under section 10), in paragraph 2(2)(a) for “section 249AA(3)” substitute “ section 481 of the Companies Act 2006 ”.U.K.
F111Paragraph 2(2)(a) has been amended by S.I. 2000/1430, regulation 8(10).
89. Omit Part 2 of Schedule 2 to the Companies Act 1985 F112 (interpretation of references in Schedule 5 to “beneficial interest”).U.K.
F112Part 2 was inserted by the Companies Act 1989 (c.40), Schedule 10, paragraph 18(7); paragraph 7 has been amended by the Pensions Schemes Act 1993 (c.48), Schedule 8, paragraph 16(b) and the Pensions Act 1995 (c.26), Schedule 5, paragraph 11.
90.—(1) Part 2 of Schedule 6 to the Companies Act 1985 (disclosure of information: loans, quasi-loans and other dealings in favour of directors) is amended as follows—U.K.
91.—(1) In Part 4 of Schedule 9 to the Companies Act 1985 F113 (banking companies: additional disclosure of emoluments and other benefits to directors and others), paragraph 3 is amended as follows—U.K.
F113Part 4 of Schedule 9 was inserted by the Companies Act 1989 (c.40), Schedule 7, Part 4; paragraph 3 has been amended by S.I. 1994/233, regulation 5, S.I. 2002/1555, article 12 and S.I. 2002/555, article 12.
92.—(1) In Schedule 15D to the Companies Act 1985 F114 (exceptions from prohibition of disclosure of information obtained in course of company investigation), in paragraph 1, for “section 245C” substitute “ section 457 of the Companies Act 2006 ”.U.K.
F114Schedule 15D was inserted by the Companies (Audit, Investigations and Community Enterprise) Act 2004 (c.27), Schedule 2, Part 3, paragraphs 16 and 25.
93. In Part 2 of Schedule 21C to the Companies Act 1985 F115 (delivery of reports and accounts: institutions not required to prepare accounts under parent law)—U.K.
(i)in the opening words, for “Sections 223 to 225” substitute “ Sections 390 to 392 of the Companies Act 2006 ”;
(ii)in paragraph (b), for “section 225(4)” substitute “ section 392(3) ”;
(b)in paragraph 13(3) for “section 225” substitute “ section 392 of the Companies Act 2006 ”.
F115Schedule 21C was inserted by S.I. 1992/3179, Schedule 1.
94. In Part 2 of Schedule 21D to the Companies Act 1985 F116 (delivery of reports and accounts: companies not required to make disclosure under parent law)—U.K.
(b)in paragraph 12(3), for “section 225” substitute “ section 392 of the Companies Act 2006 ”.
F116Schedule 21D was inserted by S.I. 1992/3179, Schedule 2.
Companies Consolidation (Consequential Provisions) Act 1985 (c.9)U.K.
95.—(1) Section 3 of the Companies Consolidation (Consequential Provisions) Act 1985 (conditions for re-registration of old public company) is amended as follows.
Oil and Pipelines Act 1985 (c.62)U.K.
96. In paragraph 9(2) of Schedule 3 to the Oil and Pipelines Act 1985 F117 (accounts of Oil and Pipelines Agency), for “Part VII of the Companies Act 1985” substitute “ the Companies Acts (see section 1162 of, and Schedule 7 to, the Companies Act 2006) ”.
F117Paragraph 9(2) has been amended by the Companies Act 1989 (c.40), Schedule 10, Part 2, paragraph 33.
97.—(1) The Airports Act 1986 is amended as follows.
(b)in subsection (6), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
(3) In section 40 (mandatory conditions in case of designated airports), in subsection (2)(b) for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
Gas Act 1986 (c.44)U.K.
98. In section 19E(1) of the Gas Act 1986 F118, in the definition of “accounting information”, for “section 221 of the Companies Act 1985” substitute “ section 386 of the Companies Act 2006 ”.
F118Section 19E was inserted by S.I. 2000/1937, Schedule 2, paragraph 1.
99.—(1) Paragraph 3 of Schedule A1 to the Insolvency Act 1986 F119 (moratorium where directors propose voluntary arrangement: qualifying conditions) is amended as follows.
(2) In sub-paragraph (2) for “section 247(3) of the Companies Act 1985” substitute “ section 382(3) of the Companies Act 2006 ”.
(3) In sub-paragraph (3) for “Subsections (4), (5) and (6) of section 247” substitute “ Section 382(4), (5) and (6) ”.
(a)for “holding company” substitute “ parent company ”, and
(b)for “in respect of” substitute “ in relation to ”.
F119Schedule A1 was inserted by the Insolvency Act 2000 (c.39), Schedule 1; paragraph 3(4) and (5) were inserted by S.I. 2002/1990, regulation 3.
100. In Schedule B1 to the Insolvency Act 1986 F120 (administration)—U.K.
(a)in paragraphs 49(3)(b) and 73(2)(c) for “section 425 of the Companies Act (compromise with creditors or members)” substitute “ Part 26 of the Companies Act 2006 (arrangements and reconstructions) ”;
(b)in paragraph 74(6)(b) for “section 425 of the Companies Act (compromise with creditors and members)” substitute “ Part 26 of the Companies Act 2006 (arrangements and reconstructions) ”.
F120Schedule B1 was inserted by the Enterprise Act 2002 (c.40), Schedule 16.
101.—(1) Part 2 of the Insolvency Act 1986 (administration) as it has effect by virtue of—U.K.
(a)section 249(1) of the Enterprise Act 2002 F121 (special administration regimes), or
(b)article 3(2) or (3) of the Enterprise Act 2002 (Commencement No. 4 and Transitional Provisions and Savings) Order 2003 F122 (other purposes),
(3) In section 27(3)(a) for “section 425 of the Companies Act” substitute “ Part 26 of the Companies Act 2006 ”.
F1212002 c.40; section 249(1) has been amended by the Water Act 2003 (c.37), Schedule 8, paragraph 55.
F122S.I. 2003/2093 (C. 85).
102. In section 122 of the Insolvency Act 1986 (circumstances in which a company may be wound up by the court), in subsection (1)(b) (public company not issued with certificate as to compliance with minimum share capital requirement) for the words from “a certificate” to “requirements)” substitute “ a trading certificate under section 761 of the Companies Act 2006 (requirement as to minimum share capital) ”.U.K.
103. In section 176A(4)(b) of the Insolvency Act 1986 F123 (share of assets for unsecured creditors: exclusion by compromise or arrangement), for “section 425 of the Companies Act (compromise with creditors and members)” substitute “ Part 26 of the Companies Act 2006 (arrangements and reconstructions) ”.U.K.
F123Section 176A was inserted by the Enterprise Act 2002 (c.40), section 252.
104. In Schedule 6 to the Insolvency Act 1986 (categories of preferential debts), in paragraph 14(1)(c) for “section 196 of the Companies Act” substitute “ section 754 of the Companies Act 2006 ”.U.K.
105. After Part 17 of the Insolvency Act 1986 (miscellaneous and general) insert—U.K.
“PART 17A U.K.SUPPLEMENTARY PROVISIONS
434A. The provisions of this Part have effect for the purposes of—
434B.—(1) If a corporation is a creditor or debenture-holder, it may by resolution of its directors or other governing body authorise a person or persons to act as its representative or representatives—
434C. In proceedings against a person for an offence under this Act nothing in this Act is to be taken to require any person to disclose any information that he is entitled to refuse to disclose on grounds of legal professional privilege (in Scotland, confidentiality of communications).”.
Company Directors Disqualification Act 1986 (c.46)U.K.
106.—(1) The Company Directors Disqualification Act 1986 is amended as follows.
(2) In section 3(3)(b) F124 (disqualification for persistent breaches of companies legislation)—
(a)in sub-paragraph (i), for “section 242(4) of the Companies Act”, substitute “ section 452 of the Companies Act 2006 ”;
(b)in sub-paragraph (ia), for “section 245B” substitute “ section 456 ”;
(c)in sub-paragraph (ii), for “that Act” substitute “ the Companies Act 1985 ”.
“20A. Legal professional privilege
In proceedings against a person for an offence under this Act nothing in this Act is to be taken to require any person to disclose any information that he is entitled to refuse to disclose on grounds of legal professional privilege (in Scotland, confidentiality of communications).”.
(i)in the definition of “the Companies Acts”, for “section 744 of that Act” substitute “ section 2 of the Companies Act 2006 ”;
(b)in subsection (8), for “section 735(1)(c) of the Companies Act, but also including that Act itself” substitute “ section 1171 of the Companies Act 2006 ”;
(5) In section 22A(4) F125 (application of Act to building societies), for “or the Companies Act” substitute “ , the Companies Act 1985 or the Companies Act 2006 ”.
(6) In section 22B(4) F126 (application of Act to incorporated friendly societies), for “or the Companies Act” substitute “ , the Companies Act 1985 or the Companies Act 2006 ”.
(7) In section 22C(3) F127 (application of Act to NHS foundation trusts), for “or the Companies Act” substitute “ , the Companies Act 1985 or the Companies Act 2006 ”.
(a)for paragraph 4 F128, substitute—
“4. The extent of the director's responsibility for any failure by the company to comply with any of the following provisions of the Companies Act 1985, namely—
(e)sections 399 and 415 (company's duty to register charges it creates).
4A. The extent of the director's responsibility for any failure by the company to comply with any of the following provisions of the Companies Act 2006, namely—
(b)for paragraph (5) F129, substitute—
“5. The extent of the director's responsibility for any failure by the directors of the company to comply with the following provisions of the Companies Act 2006—
(c)in paragraph 5A F130, for “the Companies Act” substitute “ the Companies Act 1985 or the Companies Act 2006 ”.
F124Section 3(3)(b)(i) has been amended by the Companies Act 1989 (c.40), Schedule 10, Part 2, paragraph 35.
F125Section 22A was inserted by the Companies Act 1989 (c.40), section 211(3).
F126Section 22B was inserted by the Friendly Societies Act 1992 (c.40), Schedule 21, paragraph 8.
F127Section 22C was inserted by the Health and Social Care (Community Health and Standards) Act (c.48), Schedule 4, paragraphs 67 and 68.
F128Paragraph 4 has been amended by the Companies Act 1989 (c.40), section 139(4) and Schedule 16, paragraph 4.
F129Paragraph 5 has been amended by the Companies Act 1989(c.40), Schedule 10, paragraph 35.
F130Paragraph 5A was inserted by S.I. 1996/2827, Schedule 8, paragraph 10 and substituted by S.I. 2001/1228, Schedule 7, paragraph 9.
107. In section 72I(2) of the Building Societies Act 1986 F131 (consistency of accounts), for “Part 7 of the Companies Act 1985” substitute “ Part 15 of the Companies Act 2006 ”.
F131Section 72I was inserted by S.I. 2004/3380, article 2.
108.—(1) Section 119(1) of the Building Societies Act 1986 (interpretation) is amended as follows.U.K.
(2) For the definition of “associated undertaking”F132 substitute—
(3) Omit the definition of “subsidiary undertaking”F133.
F132The definition of “associated undertaking” was substituted by the Building Societies Act 1997 (c.32), Schedule 7, paragraph 53(1)(b).
F133The definition of “subsidiary undertaking” was inserted by S.I. 1991/1729, article 5.
109. After that section insert—U.K.
“119A. Meaning of “associated undertaking”
(1) In this Act “associated undertaking”, in relation to a building society, means an undertaking (other than a subsidiary undertaking of the society)—
110. In Schedule 10A to the Building Societies Act 1986 F134 (emoluments of and dealings with directors and other officers), in paragraph 1(2), in the definition of “shares”, for “section 188(1) of the Companies Act 1985” substitute “ section 779(1) of the Companies Act 2006 ”.U.K.
F134Schedule 10A was inserted by the Schedule to S.I. 2004/3380.
111.—(1) Schedule 10B to the Building Societies Act 1986 F135 (disclosures about related undertakings) is amended as follows.U.K.
(2) In paragraphs 3(2)(a), 7(3)(a), 11(2)(a), 15(2)(a) and 18(2)(a), in each place where it occurs, for “the Companies Act 1985 or the Companies (Northern Ireland) Order 1986” substitute “ the Companies Act 2006 ”.
(3) In paragraph 9(5) and (6)(b), for “section 258 of the Companies Act 1985” substitute “ section 1162 of the Companies Act 2006 ”.
F135Schedule 10B was inserted by the Schedule to S.I. 2004/3380.
112. In Article 10 of the Companies (Northern Ireland) Order 1986 (expressions used in connection with accounts)—
(a)in paragraph (1), for “Part VIII (accounts)” substitute “ Part 15 of the Companies Act 2006 (accounts and reports) ”;
(b)in paragraph (2) (“realised profits” and “realised losses”), for “Article 270(3)” substitute “ section 853(4) and (5) of the Companies Act 2006 ”;
(c)omit paragraph (3) F136.
F136Paragraph 3 was inserted by S.R. (NI) 2003 No 3.
113. In Article 21(2) of the Companies (Northern Ireland) Order 1986 (particulars of proposed officers to be provided on registration of company), for sub-paragraph (b) substitute—U.K.
114. In Article 22 of the Companies (Northern Ireland) Order 1986 (public companies: minimum authorised capital), for the words from “the amount of” to the end, substitute—U.K.
115. In Article 24(4) of the Companies (Northern Ireland) Order 1986 (effect of registration), for “Article 127 (additional certificate as to amount of allotted share capital)” substitute “ section 761 of the Companies Act 2006 (public company not to do business without trading certificate) ”.U.K.
116. In Article 28(2)(a) of the Companies (Northern Ireland) Order 1986 (conditions in memorandum which could have been in articles), for “Part XVIII” substitute “ section 996 of the Companies Act 2006 ”.U.K.
117. In Article 53(3) of the Companies (Northern Ireland) Order 1986 (re-registration of private company as public: documents to be delivered to registrar), in sub-paragraph (b), for “Article 272(1)” substitute “ section 831 of the Companies Act 2006 ”.U.K.
118. In Article 54(7)(a) of the Companies (Northern Ireland) Order 1986 (consideration for shares recently allotted to be valued: definition of “arrangement”), for “Article 418” substitute “ section 899 of the Companies Act 2006 ”.U.K.
119. In Article 55(2) of the Companies (Northern Ireland) Order 1986 (additional requirements relating to share capital), at the end of sub-paragraph (a) insert “ (see Chapter 2 of Part 20 of the Companies Act 2006) ”.U.K.
120.—(1) Article 56 F137 of the Companies (Northern Ireland) Order 1986 (meaning of unqualified auditors' report) is amended as follows.U.K.
(2) In paragraph (2), for “in accordance with this Order” substitute “ in accordance with the Companies Act 2006 ”.
(3) In paragraph (3), for “the provisions of this Order”, in both places where it occurs, substitute “ the provisions of the Companies Act 2006 ”.
(a)for “Article 272(2) and (3)” substitute “ section 831 of the Companies Act 2006 ”;
F137Article 56 has been amended by the Companies (Northern Ireland) Order 1990 (S.I. 1990/593 (N.I. 5)).
121. In Article 57(3) of the Companies (Northern Ireland) Order 1986 (private company re-registering as public: certificate of re-registration), at the end insert “ (see Chapter 2 of Part 20 of the Companies Act 2006) ”.U.K.
122. In Article 113(7)(a) of the Companies (Northern Ireland) Order 1986 (non-cash consideration for shares: definition of “arrangement”), for “Article 418” substitute “ section 899 of the Companies Act 2006 ”.U.K.
123. In Article 114(2) of the Companies (Northern Ireland) Order 1986 (transfer to public company of non-cash asset: definition of “initial period”), for “Article 127” substitute “ section 761 of the Companies Act 2006 ”.U.K.
124. In Article 136 of the Companies (Northern Ireland) Order 1986 (variation of class rights: saving for court's powers under other provisions)—U.K.
(a)for “Article 418 (court control of company compromising with creditors and members)” substitute “ section 899 of the Companies Act 2006 (court sanction for compromise or arrangement with creditors or members) ”;
(b)for “Article 420 (company reconstruction or amalgamation)” substitute “ section 900 of that Act (powers of court to facilitate reconstruction or amalgamation) ”.
125. In Article 141(7) of the Companies (Northern Ireland) Order 1986 (merger relief: definitions), in the definition of “arrangement” in the closing words, for “Article 418 (company compromise with creditors and members)” substitute “ section 899 of the Companies Act 2006 (court sanction for compromise or arrangement with creditors or members) ”.U.K.
126. In Article 153(3)(c) of the Companies (Northern Ireland) Order 1986 (general rule against company acquiring own shares: exceptions), for “Part XVIII” substitute “ section 996 of the Companies Act 2006 ”.U.K.
127. In Article 159(1) of the Companies (Northern Ireland) Order 1986 (sanctions for public company failing to apply for re-registration as private company), for “Article 91” substitute “ Chapter 1 of Part 20 of the Companies Act 2006 ”.U.K.
128. In Article 162(1) of the Companies (Northern Ireland) Order 1986 (financial assistance by a company for acquisition of own shares: definitions)—U.K.
(a)in sub-paragraph (b)(ii), for “Article 284” substitute “ section 846 of the Companies Act 2006 ”;
(b)in sub-paragraph (c), for “Article 271(2)” substitute “ section 829 of the Companies Act 2006 ”.
129. In Article 163 of the Companies (Northern Ireland) Order 1986 (transactions not prohibited by Article 161), in paragraph (3)(e), for “Article 418” substitute “ section 899 of the Companies Act 2006 ”.U.K.
130. In Article 172C F138 of the Companies (Northern Ireland) Order 1986 (treasury shares: voting and other rights), in paragraph (3), for “meetings under Article 418” substitute “ meetings summoned under section 896 of the Companies Act 2006 ”.U.K.
F138Article 172C was inserted by S.R. (NI) 2004 No 275.
131. In Article 172F(2) F139 of the Companies (Northern Ireland) Order 1986 of the Companies (Northern Ireland) Order 1986 (treasury shares: proceeds of sale), for “Part IX” substitute “Part 23 of the Companies Act 2006.U.K.
F139Article 172F was inserted by S.R. (NI) 2004 No 275.
132. In Article 181 F140of the Companies (Northern Ireland) Order 1986 (power of private companies to redeem or purchase own shares out of capital), in paragraph (5)(b), for “any reserve maintained by the company in accordance with paragraph 34 of Schedule 4 or paragraph 34 of Schedule 8 (revaluation reserve)” substitute “ any revaluation reserve maintained by the company in accordance with regulations made under section 396 of the Companies Act 2006 ”.U.K.
F140Article 181(5)(b) has been amended by S.R. (NI) 1997 No 436.
133. In Article 182(1) F141 of the Companies (Northern Ireland) Order 1986 (availability of profits for private company to redeem or purchase shares out of capital)—U.K.
(a)for “Part IX” substitute “ Part 23 of the Companies Act 2006 ”;
(b)for “Articles 278 to 283” substitute “ Chapter 2 of that Part ”.
F141Article 182(1) has been amended by the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)).
134. In Article 191 F142 of the Companies (Northern Ireland) Order 1986 (interpretation for Chapter 7 of Part 6), in paragraph (a) (meaning of “distributable profits”) for “Article 271(2)” substitute “ section 829 of the Companies Act 2006 ”.U.K.
F142Article 191 has been amended by the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)).
136. In Article 297 F143 of the Companies (Northern Ireland) Order 1986 (particulars of directors to be registered), in paragraph (4)(a) for “Article 257AA(4)” substitute “ section 481 of the Companies Act 2006 ”.U.K.
F143Article 297 has been amended by S.R. (NI) 2001 No 153.
137. In Article 298(1) of the Companies (Northern Ireland) Order 1986 (particulars of secretaries to be registered), after “with respect to the secretary” insert “ (if any) ”.U.K.
138. In Article 359 F144 of the Companies (Northern Ireland) Order 1986 (particulars in correspondence etc), in paragraph (1)(c), for “as defined in Article 274” substitute “ as defined for the purposes of Part 23 of the Companies Act 2006 (see section 833 of that Act) ”.U.K.
F144Article 359 has been amended by S.R. (NI) 2004 No 307.
139. In Article 372(1)(c) of the Companies (Northern Ireland) Order 1986 (contents of annual return: particulars of secretary), after “the company secretary” insert “ (if any) ”.U.K.
140. In Article 388(2) F145 of the Companies (Northern Ireland) Order 1986 (registration, etc of resolutions and agreements), for the words from “every resolution” to “and which is” substitute “ every such resolution, and every resolution or agreement to which Chapter 3 of Part 3 of the Companies Act 2006 applies (resolutions and agreements affecting a company's constitution), which is ”.U.K.
F145Article 388(2) has been amended by the Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194), Schedule 4, paragraph 17(9).
141. After Article 446C of the Companies (Northern Ireland) Order 1986, insert—U.K.
142. In Article 634 of the Companies (Northern Ireland) Order 1986 (registration of joint stock company as public company) in the definition of “undistributable reserves” in paragraph (6), for “Article 272(3)” substitute “ section 831(4) of the Companies Act 2006 ”.U.K.
143. In Article 650 of the Companies (Northern Ireland) Order 1986 (Part 23 company's financial year and accounting reference periods)—U.K.
(a)in paragraph (1), for “Articles 231 to 233” substitute “ Sections 390 to 392 of the Companies Act 2006 ”;
(b)in paragraph (3), for “Article 233(4)” substitute “ section 392(3) ”.
144. In Article 651 of the Companies (Northern Ireland) Order 1986 (delivery to registrar of accounts and reports of Part 23 company), in paragraph (4), for “Article 233” substitute “ section 392 of the Companies Act 2006 ”.U.K.
145. In Schedule 1 F146 of the Companies (Northern Ireland) Order 1986 (particulars of directors to be contained in statement under Article 21), in paragraph 2(2)(a) for “Article 257AA(4)” substitute “ section 481 of the Companies Act 2006 ”.U.K.
F146Paragraph 2(2)(a) of Schedule 1 has been amended by S.R. (NI) 2001 No 153.
146. Omit Part 2 of Schedule 2 F147 of the Companies (Northern Ireland) Order 1986 (interpretation of references in Schedule 5 to “beneficial interest”).U.K.
F147Paragraph 7 of Schedule 2 has been amended by the Pension Schemes (Northern Ireland) Act 1993 (c.49) and the Pensions (Northern Ireland) Order 1995 (S.I. 1995/3213 (N.I. 22)).
147.—(1) Part 2 of Schedule 6 F148 of the Companies (Northern Ireland) Order 1986 (disclosure of information: loans, quasi-loans and other dealings in favour of directors) is amended as follows—U.K.
F148Part 2 of Schedule 6 was inserted by the Companies (Northern Ireland) Order 1990 (S.I. 1990/593 (N.I. 5)).
148.—(1) In Part 4 of Schedule 9 F149 of the Companies (Northern Ireland) Order 1986 (banking companies: additional disclosure of emoluments and other benefits to directors and others) paragraph 3 is amended as follows—U.K.
F149Paragraph 3 has been amended by S.I. 2001/3649.
149.—(1) In Schedule 15D F150 of the Companies (Northern Ireland) Order 1986 (exceptions from prohibition of disclosure of information obtained in course of company investigation), in paragraph 1, for “Article 253C” substitute “ section 457 of the Companies Act 2006 ”.U.K.
F150Schedule 15D was inserted by the Companies (Audit, Investigations and Community Enterprise) (Northern Ireland) Order 2005 (S.I. 2005/1967 (N.I. 17)), Schedule 2, paragraph 19.
150. In Part 2 of Schedule 20C F151 of the Companies (Northern Ireland) Order 1986 (delivery of reports and accounts: institutions not required to prepare accounts under parent law)—U.K.
(i)in the opening words, for “Articles 231 to 233” substitute “ Sections 390 to 392 of the Companies Act 2006 ”;
(ii)in sub-paragraph (b), for “Article 233(4)” substitute “ section 392(3) ”;
(b)in paragraph 12(3) for “Article 233” substitute “ section 392 of the Companies Act 2006 ”.
F151Schedule 20C was inserted by S.R. (NI) 1993 No 198, Schedule 1, paragraph 1.
151. In Part 2 of Schedule 20D F152 of the Companies (Northern Ireland) Order 1986 (delivery of reports and accounts: companies not required to make disclosure under parent law)—U.K.
(ii)in paragraph (b), for “Article 233(4)” substitute “ section 392(3) ”;
(b)in paragraph 12(3), for “Article 233” substitute “ section 392 of the Companies Act 2006 ”.
F152Schedule 20D was inserted by S.R. (NI) 1993 No 198, Schedule 2, paragraph 17.
Dartford-Thurrock Crossing Act 1988 (c.20)U.K.
152. In section 33(2) of the Dartford-Thurrock Crossing Act 1988 F153 (accounts of person appointed to levy tolls), for “Part VII of the Companies Act 1985” substitute “ Part 15 of the Companies Act 2006 ”.
F153Section 33(2) was substituted by the Companies Act 1989 (c.40), Schedule 10, paragraph 39.
British Steel Act 1988 (c.35)U.K.
153.—(1) Section 7 of the British Steel Act 1988 (financial structure of the successor company) is amended as follows.
(a)in paragraph (b), for “section 263(1) of the Companies Act 1985” substitute “ section 830 of the Companies Act 2006 ”, and
(b)in the closing words, for “Part VIII of that Act (distribution of profits and assets)” substitute “ Part 23 of that Act (distributions) ”.
(a)for “section 264(3)(d) of the Companies Act 1985” substitute “ section 831(4)(d) of the Companies Act 2006 ”,
(b)for “section 264” substitute “ section 831 ”, and
(c)for “section 264(3)(c)” substitute “ section 831(4)(c) ”.
(4) In subsection (7), for “Part VIII of the Companies Act 1985” substitute “ Part 23 of the Companies Act 2006 ”.
(5) In subsection (8), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
Health and Medicines Act 1988 (c.49)U.K.
154. In section 5(3) of the Health and Medicines Act 1988 (accounts of successor company), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
Water Act 1989 (c.15)U.K.
155. In section 91(5) of the Water Act 1989 (meaning of “statutory accounts”), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
Electricity Act 1989 (c.29)U.K.
156. In section 80(4) of the Electricity Act 1989 (meaning of “statutory accounts”), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
157. In section 82 of the Companies Act 1989 F154 (request for assistance by overseas regulatory authority), in subsection (2)(a)(i), after “the Companies Act 1985” insert “ or the Companies Act 2006 ”.
F154Section 82(2)(a) was substituted by S.I. 2001/3649, article 76 and amended by S.I. 2005/1433, Schedule 3.
158. In section 87 of the Companies Act 1989 (exceptions from restrictions on disclosure), in the table in subsection (4), for the entries for “a body designated by order under section 46 of this Act”F155 and “a recognised supervisory or qualifying body within the meaning of Part II of this Act” substitute—U.K.
“A body designated by order under section 1252 of the Companies Act 2006. Functions under Part 42 of the Companies Act 2006.
A recognised supervisory or qualifying body within the meaning of Part 42 of the Companies Act 2006. Functions as such a body.”.
F155This entry has been amended by the Companies (Audit, Investigations and Community Enterprise) Act 2004 (c.27), Schedule 2, paragraph 3(b).
159.—(1) Section 135 of the Companies Act 1989 (orders imposing restrictions on shares) is amended as follows.U.K.
(2) In subsection (1), after “the Companies Act 1985” insert “ and the Companies Act 2006 ”.
(a)omit“section 210(5), section 216(1) and (2)”;
(b)at the end insert “ and section 794 of the Companies Act 2006 ”.
160.—(1) The Local Government and Housing Act 1989 F156 is amended as follows.
(2) In section 68 (companies controlled by local authorities), in subsection (6)(g) for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
(a)in subsection (4)(a), for “section 152(2) of the Companies Act 1985” substitute “ section 677(2) and (3) of the Companies Act 2006 ”;
“(b)“fixed assets” means assets of a company that are intended for use on a continuing basis in the company's activities, and “current assets” means assets not intended for such use;”;
(c)in subsection (9), for “the Companies Act 1985” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”.
(a)in subsections (4) and (5)(a), for “section 375 of the Companies Act 1985” substitute “ section 323 of the Companies Act 2006 ”;
(b)in subsection (8), for “the Companies Act 1985” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”.
F156Sections 68, 69 and 71 have been repealed by the Local Government and Public Involvement in Health Act 2007 (c.28), Schedule 18, Part 16 from a date to be appointed.
European Economic Interest Grouping Regulations 1989 (S.I. 1989/638)U.K.
161.—(1) Regulation 2(1) of the European Economic Interest Grouping Regulations 1989 (interpretation) is amended as follows.
(3) In the closing words, for “by section 744 of the 1985 Act” substitute “ for the purposes of the Companies Acts ”.
162. In regulation 8(1) of the European Economic Interest Grouping Regulations 1989 (winding up and conclusion of liquidation), omit “and the 1985 Act”.U.K.
163. For regulation 18 of the European Economic Interest Grouping Regulations 1989 (application of the Companies Act 1985) substitute—U.K.
“Application of provisions of the Companies Acts
18.—(1) The provisions of the Companies Acts specified in Schedule 4 to these Regulations apply to EEIGs, and their establishments, registered or in the process of being registered under these Regulations, as if they were companies formed and registered or in the process of being registered under the 1985 Act.
164.—(1) Schedule 4 to the European Economic Interest Grouping Regulations 1989 (provisions of the Companies Act 1985 applying to EEIGS and their establishments) is amended as follows.U.K.
(2) In the Schedule title, for “Companies Act 1985” substitute “ Companies Acts ”.
(3) Make the existing provisions Part 1 of the Schedule under the heading— “ PART 1 PROVISIONS OF COMPANIES ACT 1985 ”.
(4) Omit paragraphs 12 and 24.
“PART 2 U.K.PROVISIONS OF COMPANIES ACT 2006
1. Section 993 (offence of fraudulent trading).
165.—(1) Paragraph 3 of Schedule A1 to the Insolvency (Northern Ireland) Order 1989 F157 (moratorium where directors propose voluntary arrangement: qualifying conditions) is amended as follows.
(a)in paragraph (a), for “Article 255(3) of the Companies (Northern Ireland) Order 1986” substitute “ section 382(3) of the Companies Act 2006 ”, and
(b)in paragraph (b), for “that Article” substitute “ that Act ”.
(a)for “Paragraphs (4), (5) and (6) of Article 255 of that Order” substitute “ Section 382(4), (5) and (6) of that Act ”, and
(b)for “that Article” substitute “ that section ”.
F157Schedule A1 was inserted by the Insolvency (Northern Ireland) Order 2005 (S.I. 2005/3152 (N.I. 6)), Schedule 1, paragraph 5.
166. In Schedule B1 to the Insolvency (Northern Ireland) Order 1989 F158 (administration)—U.K.
(a)in paragraphs 50(3)(b) and 74(2)(c), for “Article 418 of the Companies Order (compromise with creditors or members)” substitute “ Part 26 of the Companies Act 2006 (arrangements and reconstructions) ”;
(b)in paragraph 75(6)(b), for “Article 418 of the Companies Order (compromise with creditors and members)” substitute “ Part 26 of the Companies Act 2006 (arrangements and reconstructions) ”.
F158Schedule B1 was inserted by the Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), Schedule 1.
167.—(1) Part 3 of the Insolvency (Northern Ireland) Order 1989 (administration) as it has effect by virtue of—U.K.
(a)Article 4(1) of the Insolvency (Northern Ireland) Order 2005 F159 (special administration regimes), or
(b)Article 2(3) or (4) of the Insolvency (2005 Order) (Transitional Provisions and Savings) Order (Northern Ireland) 2006 F160 (other purposes),
(3) In Article 39(3)(a) for “Article 418 of the Companies Order” substitute “ Part 26 of the Companies Act 2006 ”.
F159S.I. 2005/1455 (N.I. 10).
F160S.R. (NI) 2006 No 22.
168. In Article 102 of the Insolvency (Northern Ireland) Order 1989 (circumstances in which a company may be wound up by the court), in paragraph (b) (public company not issued with certificate as to compliance with minimum share capital requirement) for the words from “a certificate” to “requirements)” substitute “ a trading certificate under section 761 of the Companies Act 2006 (requirement as to minimum share capital) ”.U.K.
169. In Article 150A(4)(b) of the Insolvency (Northern Ireland) Order 1989 F161 (share of assets for unsecured creditors: exclusion by compromise or arrangement), for “Article 418 of the Companies Order (compromise with creditors and members)” substitute “ Part 26 of the Companies Act 2006 (arrangements and reconstructions) ”.U.K.
F161Article 150A was inserted by the Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), Article 7.
170. In Schedule 4 to the Insolvency (Northern Ireland) Order 1989 (categories of preferential debts), in paragraph 14(1)(b) for “Article 205 of the Companies Order” substitute “ section 754 of the Companies Act 2006 ”.U.K.
171. After Part 14 of the Insolvency (Northern Ireland) Order 1989 (miscellaneous) insert—U.K.
“PART 15 U.K.SUPPLEMENTARY PROVISIONS
383. The provisions of this Part have effect for the purposes of—
384.—(1) If a corporation is a creditor or debenture-holder, it may by resolution of its directors or other governing body authorise a person or persons to act as its representative or representatives—
385. In proceedings against a person for an offence under this Order nothing in this Order is to be taken to require any person to disclose any information that he is entitled to refuse to disclose on grounds of legal professional privilege.”.
European Economic Interest Grouping Regulations (Northern Ireland) 1989 (S.R. (NI) 1989 No 216)U.K.
172.—(1) Regulation 2(1) of the European Economic Interest Grouping Regulations (Northern Ireland) 1989 (interpretation) is amended as follows.
(3) In the closing words, for “by Article 2 of the 1986 Order have the meanings assigned to them by that Article” substitute “ for the purposes of the Companies Acts have the same meaning in these Regulations ”.
173. For regulation 18 of the European Economic Interest Grouping Regulations (Northern Ireland) 1989 (application of the Companies (Northern Ireland) Order 1986) substitute—U.K.
18.—(1) The provisions of the Companies Acts specified in Schedule 4 to these Regulations apply to EEIGs, and their establishments, registered or in the process of being registered under these Regulations, as if they were companies formed and registered or in the process of being registered under the 1986 Order.
174.—(1) Schedule 4 to the European Economic Interest Grouping Regulations (Northern Ireland) 1989 (provisions of the Companies (Northern Ireland) Order 1986 applying to EEIGS and their establishments) is amended as follows.U.K.
(2) In the Schedule title, for “Companies (Northern Ireland) Order 1986” substitute “ Companies Acts ”.
(3) Make the existing provisions Part 1 of the Schedule under the heading— “ PART 1 PROVISIONS OF COMPANIES (NORTHERN IRELAND) ORDER 1986 ”.
1. Section 993 (offence of fraudulent trading).”.
Broadcasting Act 1990 (c.42)U.K.
175. In section 138(3) of the Broadcasting Act 1990 (undistributable reserves of nominated company)—
(a)for “subsection (3)(d) of section 264 of the Companies Act 1985” substitute “ section 831(4)(d) of the Companies Act 2006 ”;
(b)for “subsection (3)(c) of that section” substitute “ section 831(4)(c) ”.
176.—(1) Part 1 of Schedule 2 to the Broadcasting Act 1990 (restrictions on the holding of licences: general provisions) is amended as follows.U.K.
(2) In paragraph 2(1A)(a)(iii) F162 omit “as defined by section 220(1) of the Companies Act 1985”.
F162Paragraph 2(1A) was inserted by the Broadcasting Act 1996 (c.55), Schedule 2, paragraph 2.
177.—(1) Article 70 of the Companies (No. 2) (Northern Ireland) Order 1990 (orders imposing restrictions on shares) is amended as follows.
(2) In paragraph (1), after “the Companies Order” insert “ and the Companies Act 2006 ”.
Education (Student Loans) (Northern Ireland) Order 1990 (S.I. 1990/1506 (N.I. 11))U.K.
178. In Schedule 2 to the Education (Student Loans) (Northern Ireland) Order 1990 (provisions about loans out of money made available by Department), in paragraph 4(1A) for “Part VIII of the Companies (Northern Ireland) Order 1986” substitute “ Part 15 of the Companies Act 2006 ”.
Statutory Water Companies Act 1991 (c.58)U.K.
180. In section 9(1) of the Statutory Water Companies Act 1991 (arrangements and reconstructions), for “Part XIII of the 1985 Act” substitute “ Part 26 of the Companies Act 2006 ”.
British Technology Group Act 1991 (c.66)U.K.
181.—(1) Section 8 of the British Technology Group Act 1991 (financial structure of successor company) is amended as follows.
(3) In subsection (7), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
Water Consolidation (Consequential Provisions) Act 1991 (c.60)U.K.
182. In paragraph 40(1) of Schedule 1 to the Water Consolidation (Consequential Provisions) Act 1991 (construction of references to companies liable to be wound up), for “sections 425(6)(a) and 460(2) of the Companies Act 1985” substitute “ sections 895(2) and 995(4) of the Companies Act 2006 ”.
183. In section 69I(2)(a) of the Friendly Societies Act 1992 F163 (consistency of accounts), for “Part 7 of the Companies Act 1985” substitute “ Part 15 of the Companies Act 2006 ”.
F163Section 69I was inserted by S.I. 2005/2211, article 2.
184. In section 78A(1) of the Friendly Societies Act 1992 F164 (interpretation of Part 6), in the definition of “parent undertaking” and “subsidiary undertaking” for “section 258 of the Companies Act 1985, read in conjunction with sections 259 and 260 of, and Schedule 10A to, that Act” substitute “ section 1162 of the Companies Act 2006, read in conjunction with section 1161(1) of and Schedule 7 to that Act ”.U.K.
F164Section 78A was inserted by S.I. 2005/2211, Schedule, paragraph 3.
185. In Schedule 11 to the Friendly Societies Act 1992 F165 (committee of management: supplementary), for paragraph 8 substitute—U.K.
(b)as consideration for or in connection with the member's retirement from office,
(2) Sub-paragraph (1) does not apply to a bona fide payment by way of damages for breach of contract or by way of pension in respect of past services.“Pension” here includes any superannuation allowance, superannuation gratuity or similar payment.”.
F165Paragraph 8 was substituted by the Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194 (C. 84)), Schedule 4, paragraph 72.
186.—(1) Schedule 13E to the Friendly Societies Act 1992 F166 (disclosures about related undertakings) is amended as follows.U.K.
(2) In paragraphs 3(2)(a), 7(3)(a), 11(2)(a), 15(2)(a) and 18(2)(a) for “the Companies Act 1985 or the Companies (Northern Ireland) Order 1986” substitute “ the Companies Act 2006 ”.
(a)in sub-paragraphs (5) and (6)(b) for “section 258 of the Companies Act 1985” substitute “ section 1162 of the Companies Act 2006 ”;
(b)in sub-paragraph (6)(a) for “section 258” substitute “ section 1162 ”.
F166Schedule 13E was inserted by S.I. 2005/2211, Schedule, paragraph 6.
187. In Schedule 14 to the Friendly Societies Act 1992 (auditors: appointment, tenure, qualifications and remuneration), in paragraph 5(4), for “section 52 of the Companies Act 1989 or Article 54 of the Companies (Northern Ireland) Order 1990” substitute “ section 1260 of the Companies Act 2006 ”.U.K.
Trade Union and Labour Relations (Consolidation) Act 1992 (c.52)U.K.
188. In section 131(2) of the Trade Union and Labour Relations (Consolidation) Act 1992 (auditors of employers' association that is registered as a company), omit “Chapter V of Part XI of that Act or”.
189.—(1) The Electricity (Northern Ireland) Order 1992 is amended as follows.
(2) In Article 73(6) F167 (initial government holding in successor companies: Crown not to be treated as shadow director), for “the Companies (Northern Ireland) Order 1986” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”.
(a)for “Article 272(3)(d) of the Companies Order” substitute “ section 831(4)(d) of the Companies Act 2006 ”;
(b)for “that Article” substitute “ that section ”;
(c)for “Article 272(3)(c) of that Order” substitute “ section 831(4)(c) of that Act ”.
(4) In Article 78 (statutory accounts), in paragraph (1), for “the Companies (Northern Ireland) Order 1986” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”.
(5) In Article 82 (conversion or discharge of certain loans or advances), in paragraph (4) (definition of “statutory accounts”) for “the Companies (Northern Ireland) Order 1986” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”.
F167Article 73(6) has been amended by the Company Directors Disqualification (Northern Ireland) Order 2002 (S.I. 2002/3150 (N.I. 4)), Schedule 3, paragraph 8.
Industrial Relations (Northern Ireland) Order 1992 (S.I. 1992/807 (N.I. 5))U.K.
190. In Article 7 of the Industrial Relations (Northern Ireland) Order 1992 (property of trade unions etc), in the closing words of paragraph (4), for “Article 193(1) or” substitute “ section 770 of the Companies Act 2006 or Article ”.
Housing (Northern Ireland) Order 1992 (S.I. 1992/1725 (N.I. 15))U.K.
191.—(1) Article 29 of the Housing (Northern Ireland) Order 1992 (restrictions on exercise of certain powers of registered housing associations) is amended as follows.
(3) In paragraph (4)(b) for “Article 388 of the Companies (Northern Ireland) Order 1986 (as that section has effect by virtue of the said section 64(a))” substitute “ section 30 of the Companies Act 2006 (as it applies by virtue of Article 70(2) of the Insolvency (Northern Ireland) Order 1989 and section 64(a) of the Act of 1969) ”.
F168192. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F168Sch. 1 para. 192 repealed (14.3.2012) by Charities Act 2011 (c. 25), s. 355, Sch. 10 (with s. 20(2), Sch. 8)
193. In the Railways Act 1993 F169—
for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
F169Sections 94 and 106 have been repealed by the Transport Act 2000 (c.38), Schedule 31, Part 4 from a date to be appointed.
Pension Schemes Act 1993 (c.48)U.K.
194.—(1) The Pension Schemes Act 1993 is amended as follows.
(2) In section 127(2)(a) (transfer of rights and remedies to Secretary of State), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
(a)in paragraph 3(1)(c) (contributions equivalent premiums), for “section 196 of the Companies Act 1985” substitute “ section 754 of the Companies Act 2006 ”;
(b)in paragraph 4(1)(a) (interpretation), for “section 196(3) of the Companies Act 1985” substitute “ section 754(3) of the Companies Act 2006 ”.
195.—(1) The Pension Schemes (Northern Ireland) Act 1993 is amended as follows.
(3) In Schedule 3 (priority in bankruptcy etc), in paragraph 3(1)(b), for “Article 205 of the Companies (Northern Ireland) Order 1986” substitute “ section 754 of the Companies Act 2006 ”.
Coal Industry Act 1994 (c.21)U.K.
196.—(1) Paragraph 6 of Schedule 3 to the Coal Industry Act 1994 (distributable reserves of successor companies) is amended as follows.
(2) In sub-paragraph (1), for “section 263 of the Companies Act 1985” substitute “ section 830 of the Companies Act 2006 ”.
(3) In sub-paragraph (2), for “section 264 of the Companies Act 1985” substitute “ section 831 of the Companies Act 2006 ”.
(a)in the definition of “called-up share capital”, for “Companies Act 1985” substitute “ Companies Act 2006 ”;
(b)in the definition of “net assets”, for “section 264” substitute “ section 831 ”;
(c)in the definition of “undistributable reserves”, for “subsection (3)” substitute “ subsection (4) ”.
197.—(1) The Airports (Northern Ireland) Order 1994 is amended as follows.
(2) In Article 31 (mandatory conditions in case of designated airports), in paragraph (2)(b), for “the Companies Order” substitute “ the Companies Act 2006 ”.
(3) In Article 50(1) (interpretation) in the definition of “statutory accounts” for “the Companies Order” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”.
(4) In Article 57(6) F170 (initial government holding in successor company: Crown not to be treated as shadow director), for “the Companies Order” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”.
(6) In Article 61 (statutory accounts), in paragraph (7) (meaning of “financial year”) for “Article 231 of the Companies Order” substitute “ section 390 of the Companies Act 2006 ”.
F170Article 57(6) has been amended by the Company Directors Disqualification (Northern Ireland) Order 2002 (S.I. 2002/3150 (N.I. 4)), Schedule 3, paragraph 9.
Ports (Northern Ireland) Order 1994 (S.I. 1994/2809 (N.I. 16))U.K.
(2) In paragraph 7(a) (interpretation of references to accounts) for “the Companies (Northern Ireland) Order 1986” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”.
(a)in the opening words of sub-paragraph (1), for “Articles 278 to 284 of the Companies (Northern Ireland) Order 1986” substitute “ sections 836 to 840 of the Companies Act 2006 ”;
(b)in sub-paragraph (1)(a), for “Article 278” substitute “ section 836 ”;
(c)in sub-paragraph (1)(b), for “Article 281” substitute “ section 839 ”;
(d)in sub-paragraph (2), for “Part VIII of the Companies (Northern Ireland) Order 1986” substitute “ Part 15 of the Companies Act 2006 ”.
199. In Schedule 2 to the Requirements of Writing (Scotland) Act 1995 (subscription and signing: special cases), in paragraph 3 (companies), for sub-paragraph (2)(a) substitute—
Crown Agents Act 1995 (c.24)U.K.
200. In section 5(4) of the Crown Agents Act 1995 (statutory accounts of successor company), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
201. In section 189(2)(a) of the Employment Rights Act 1996 (transfer of rights and remedies to Secretary of State), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
(a)in sub-paragraph (2), for “section 425 of the Companies Act 1985” substitute “ section 899 of the Companies Act 2006 ”;
(b)in sub-paragraph (3), for “section 427 of the Companies Act 1985” substitute “ section 900 of the Companies Act 2006 ”.
(3) For paragraph 16A F171 (companies exempt from audit: accountant's report) substitute—
(b)is exempt from the audit requirements of the Companies Act 2006 by virtue of section 477 of that Act (small companies' exemption), and
(2) The directors of the company must cause a report to be prepared in accordance with paragraph 16B and made to the company's members in respect of the company's individual accounts for any year in which the company takes advantage of its exemption from audit.
(b)to furnish to the Relevant Authority a copy of the auditor's report by such date as is specified in the direction.
(3) The report must also state that in the opinion of the reporting accountant, having regard only to, and on the basis of, the information contained in the accounting records kept by the company under section 386 of the Companies Act 2006, the company is entitled to exemption from audit under section 477 of that Act (small companies' exemption) for the financial year in question.
(2) In sub-paragraph (1), references to the rules of a body listed in sub-paragraph (4) are to the rules (whether or not laid down by the body itself) which the body has power to enforce and which are relevant for the purposes of Part 42 of the Companies Act 2006 (statutory auditors) or this paragraph. This includes rules relating to the admission and expulsion of members of the body, so far as relevant for the purposes of that Part or this paragraph.
16D.—(1) The provisions of the Companies Act 2006 listed in sub-paragraph (2) apply to the reporting accountant and a reporting accountant's report as they apply to an auditor of the company and an auditor's report on the company's accounts, subject to any necessary modifications.
(g)sections 499 to 501 (auditor's right to information);
F171Section 16A was inserted by the Housing Act 2004 (c.34), Schedule 11, paragraph 18.
Broadcasting Act 1996 (c.55)U.K.
203.—(1) Schedule 6 to the Broadcasting Act 1996 (c.55) (transfer schemes relating to BBC transmission network: successor companies) is amended as follows.
(2) In paragraph 2(5), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
(3) In paragraph 3(1), for “section 263 of the Companies Act 1985” substitute “ section 830 of the Companies Act 2006 ”.
(4) In paragraph 3(2), for “section 264 of the Companies Act 1985” substitute “ section 831 of the Companies Act 2006 ”.
(b)in the definition of “net assets”, for “section 264 of that Act” substitute “ section 831 of the Companies Act 2006 ”;
(c)in the definition of “undistributable reserves”, for “subsection (3) of that section” substitute “ subsection (4) of that section ”.
(a)for “sections 270 to 276 of the Companies Act 1985” substitute “ sections 836 to 840 of the Companies Act 2006 ”;
(c)in paragraph (b), for “section 273” substitute “ section 839 ”; and
(d)in the closing words, for “section 226” substitute “ section 394 ”.
(7) In paragraph 4(5), in the definition of “accounting reference period” for “section 224 of the Companies Act 1985” substitute “ section 391 of the Companies Act 2006 ”.
Employment Rights (Northern Ireland) Order 1996 (S.I. 1996/1919 (N.I. 16))U.K.
204. In Article 234(2) of the Employment Rights (Northern Ireland) Order 1996 (transfer to Department of rights and remedies), omit“or any provision of the Companies (Northern Ireland) Order 1986”.
Bank of England Act 1998 (c.11)U.K.
205.—(1) In section 7(9) of the Bank of England Act 1998 (application of Companies Act requirements in relation to accounts)—
(a)for “the Companies Act 1985” substitute “ the Companies Act 2006 ”;
(b)for “(except section 232)” substitute “ (except sections 412 and 413 (directors' benefits)) ”; and
(c)for “section 226(1)” substitute “ section 394 ”.
(2) In section 17(7D) of the Bank of England Act 1998 F172 (power to obtain information), for “section 259 of the Companies Act 1985” substitute “ section 1161(1) of the Companies Act 2006 ”.
F172Section 17(7D) was inserted by S.I. 2001/3649, article 161.
Petroleum Act 1998 (c.17)U.K.
206. In section 17E(6) of the Petroleum Act 1998 F173, in the definition of “accounting information”, for “section 221 of the Companies Act 1985” substitute “ section 386 of the Companies Act 2006 ”.
F173Section 17E was inserted by S.I. 2000/1937, Schedule 4, paragraph 4.
207. In section 144(3)(b) of the Government of Wales Act 1998 (accounts, audit and reports)—
(a)for “section 259(1) of the Companies Act 1985” substitute “ section 1161(1) of the Companies Act 2006 ”;
(b)for “section 258” substitute “ section 1162 ”.
Commonwealth Development Corporation Act 1999 (c.20)U.K.
208. In section 26(2) of the Commonwealth Development Corporation Act 1999 (interpretation)—
(a)after “the Companies Act 1985” insert “ or the Companies Act 2006 ”;
Allotment Section 738 of the Companies Act 1985
Called-up share capital Section 737(1) of the Companies Act 1985
Net assets Section 831(2) of the Companies Act 2006
Paid up Section 738 of the Companies Act 1985
Registrar of companies Section 744 of the Companies Act 1985
Shadow director Section 251 of the Companies Act 2006
Undistributable reserves Section 831(4) of the Companies Act 2006”.
209.—(1) Part 2 of Schedule 2 to the Commonwealth Development Corporation Act 1999 (modifications of Companies Acts as they apply to the Corporation) is amended as follows.U.K.
(2) In paragraph 9(a) (certificate as to share capital), for “section 117 of the Companies Act 1985” substitute “ section 761 of the Companies Act 2006 ”.
(a)in sub-paragraph (1), for “section 224(2) to (6) of the Companies Act 1985” substitute “ section 391(2) to (7) of the Companies Act 2006 ”;
(b)in sub-paragraph (5), for “section 225 of the Companies Act 1985” substitute “ section 392 of the Companies Act 2006 ”.
(a)in sub-paragraph (1), for “Section 266 of the Companies Act 1985” substitute “ Section 833 of the Companies Act 2006 ”;
(i)for “Section 842(1A)(a) of the Income and Corporation Taxes Act 1988” substitute “ Section 834(2)(a) of the Companies Act 2006 ”, and
(ii)for “section 266(2)(b) of the Companies Act 1985” substitute “ section 833(2)(b) of that Act ”;
(c)in sub-paragraph (5), in the definition of “investment company”, for “section 266(1) of the Companies Act 1985” substitute “ section 833(1) of the Companies Act 2006 ”.
(5) In paragraph 14, in sub-paragraph (2), after “that section” insert “ or section 1063 of the Companies Act 2006 (fees payable to registrar) ”.
210. In section 233(6) of the Greater London Authority Act 1999 (provision of information to PPP arbiter)—
(a)in the definition of “parent undertaking” and “subsidiary undertaking” for “section 258 of the Companies Act 1985” substitute “ section 1162 of the Companies Act 2006 ”;
(b)in the definition of “participating interest” for “section 260 of that Act” substitute “ section 421A of the Financial Services and Markets Act 2000 ”;
(c)in the definition of “undertaking” for “section 259” substitute “ section 1161(1) ”.
Financial Services and Markets Act 2000 (c.8)U.K.
213. In Schedule 1 to the Financial Services and Markets Act 2000 (the Financial Services Authority), in paragraph 10(4)(a) for “the 1985 Act” substitute “ the Companies Act 2006 ”.U.K.
Government Resources and Accounts Act 2000 (c.20)U.K.
214. In sections 5(4)(a) and 9(5)(a) of the Government Resources and Accounts Act 2000 F174, for “section 256 of the Companies Act 1985” substitute “ section 464 of the Companies Act 2006 ”.
F174Sections 5(4)(a) and 9(5) have been amended by S.I. 2004/2947, Schedule 7, paragraphs 14 and 15.
Postal Services Act 2000 (c.26)U.K.
215.—(1) Section 72 of the Postal Services Act 2000 (reserves of the Post Office company and its subsidiaries) is amended as follows.
(2) In subsection (3), for “section 263(1) of the Companies Act 1985 or Article 271(1) of the Companies (Northern Ireland) Order 1986” substitute “ section 830 of the Companies Act 2006 ”.
(3) In subsection (4), for “section 264(3)(d) of the Act of 1985 or Article 272(3)(d) of the Order of 1986” substitute “ section 831(4)(d) of the Companies Act 2006 ”.
(i)for “section 264 of the Act of 1985 or Article 272 of the Order of 1986” substitute “ section 831 of the Companies Act 2006 ”;
(ii)for “section 264(3)(c) of the Act of 1985 or Article 272(3)(c) of the Order of 1986” substitute “ section 831(4)(c) of the Companies Act 2006 ”.
216. In section 73 of the Postal Services Act 2000 (statutory accounts of the Post Office company), in subsection (4), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.U.K.
217. In section 77 of the Postal Services Act 2000 (publicity requirements for certain accounts and reports of the Post Office company)—U.K.
(a)in subsection (1)(a), for “section 235 of the Companies Act 1985” substitute “ section 495 of the Companies Act 2006 ”;
(i)for “section 234 of the Companies Act 1985” substitute “ section 415 of the Companies Act 2006 ”;
(ii)for “section 234A” substitute “ section 419 ”;
(c)in subsection (4), for “Part VII of the Companies Act 1985” substitute “ Part 15 of the Companies Act 2006 ”.
Transport Act 2000 (c.38)U.K.
218.—(1) The Transport Act 2000 is amended as follows.
(2) In section 48 (accounting provisions: interpretation), in subsections (4)(b) and (5), for “the Companies Act 1985 or the Companies (Northern Ireland) Order 1986” substitute “ the Companies Act 2006 ”.
(3) In section 59(5) (securities: other provisions), for “the Companies Act 1985 or the Companies (Northern Ireland) Order 1986” substitute “ the Companies Act 2006 ”.
Housing (Scotland) Act 2001 (asp 10)U.K.
F175219. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F175Sch. 1 para. 219 revoked (1.4.2012) by The Housing (Scotland) Act 2010 (Consequential Provisions and Modifications) Order 2012 (S.I. 2012/700), art. 1(3), Sch. para. 19
220. In regulation 2(3) of the Open-Ended Investment Companies Regulations 2001 (interpretation)—
(a)for “the 1985 Act” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”;
(b)for “that Act” substitute “ those Acts ”.
221. In regulation 13(5) of the Open-Ended Investment Companies Regulations 2001 (particulars of directors: meaning of significant transaction), for “section 249AA(5) of that Act” substitute “ section 1169(2) of the Companies Act 2006, other than a transaction to which subsection (3) of that section applies ”.U.K.
222. In paragraph 11 of Schedule 5 to the Open-Ended Investment Companies Regulations 2001 (auditors)—U.K.
(a)in sub-paragraph (1), for “section 390B of the 1985 Act” substitute “ section 494 of the Companies Act 2006 ”;
(i)for “section 390B of the 1985 Act” substitute “ section 494 of the Companies Act 2006 ”;
(ii)for “section 390B(3)” substitute “ section 494(4) ”.
223.—(1) Schedule 6 to the Open-Ended Investment Companies Regulations 2001 (mergers and divisions) is amended as follows.U.K.
(a)for “section 425 of the 1985 Act” substitute “ section 896 or 899 of the Companies Act 2006 ”, and
(b)for “for an order sanctioning” substitute “ in respect of ”.
(a)in sub-paragraph (1), for “All the provisions of the 1985 Act” substitute “ The provisions of the Companies Act 2006 ”;
(b)in sub-paragraph (2), for “a Case 1 Scheme, a Case 2 Scheme or a Case 3 Scheme” substitute “ a merger by absorption, a merger by formation of a new company or a division ”;
(ii)in paragraph (i), for “the 1985 Act” substitute “ the Companies Act 2006 ”.
Land Registration Act 2002 (c.9)U.K.
224. In section 91 of the Land Registration Act 2002 (electronic dispositions: formalities), for subsection (9) substitute—
Enterprise Act 2002 (c.40)U.K.
225. In section 255(2)(c) of the Enterprise Act 2002 (order for application of law about company arrangements etc to other bodies), for “section 425 of the Companies Act 1985” substitute “ Part 26 of the Companies Act 2006 ”.
Company Directors Disqualification (Northern Ireland) Order 2002 (S.I. 2002/3150 (N.I. 4))U.K.
226.—(1) The Company Directors Disqualification (Northern Ireland) Order 2002 is amended as follows.
(i)in the definition of “the companies legislation”, for “the Companies Orders (except Part V of the Criminal Justice Act 1993 (insider dealing))” substitute “ the Companies Acts ”;
(i)for “the Companies Orders” substitute “ the Companies Acts ”;
(ii)for “Article 2(3) of the Companies Order, but also including that Order itself” substitute “ section 1171 of the Companies Act 2006 ”;
(a)in sub-paragraph (i), for “Article 250(3) of the Companies Order”, substitute “ section 452 of the Companies Act 2006 ”;
(b)in sub-paragraph (ii), for “Article 253B of the Companies Order” substitute “ section 456 of the Companies Act 2006 ”.
23A. In proceedings against a person for an offence under this Order nothing in this Order is to be taken to require any person to disclose any information that he is entitled to refuse to disclose on grounds of legal professional privilege.”.
(5) In Article 25(4) (application of Order to incorporated friendly societies), for “or the Companies Order” substitute “ , the Companies Order or the Companies Act 2006 ”.
“(1) The extent of the director's responsibility for any failure by the company to comply with any of the following provisions of the Companies Order, namely—
(1A) The extent of the director's responsibility for any failure by the company to comply with any of the following provisions of the Companies Act 2006, namely—
(b)in paragraph 4(2), for “(g)”, in both places where it occurs, substitute “ (e) ”;
(d)in paragraph 6, after “the Companies Order” insert “ or the Companies Act 2006 ”;
(e)in paragraph 7, after “the Companies Order” insert “ or the Companies Act 2006 ”.
Energy Act 2004 (c.20)U.K.
227. In sections 29(5) and 30(5) of the Energy Act 2004 (disregard for tax purposes of certain Companies Act provisions), in the definition of “relevant provision”, for “a provision for liabilities or charges as defined in paragraph 89 of Schedule 4 to the Companies Act 1985” substitute “ any amount retained as reasonably necessary for the purposes of providing for any liability or loss which is either likely to be incurred, or certain to be incurred but uncertain as to amount or as to the date on which it will arise ”.
228.—(1) Schedule 6 to the Energy Act 2004 (structure etc of transferee companies) is amended as follows.U.K.
(a)in sub-paragraph (2)(a), for “section 263 of the Companies Act 1985” substitute “ section 830 of the Companies Act 2006 ”;
(b)in sub-paragraph (3), for “section 264 of the Companies Act 1985” substitute “ section 831 of the Companies Act 2006 ”;
(i)in the definition of “accounting reference period” for “section 224 of the Companies Act 1985” substitute “ section 391 of the Companies Act 2006 ”;
(ii)in the definition of “called-up share capital”, for “that Act” substitute “ the Companies Act 1985 ”;
(iii)in the definition of “net assets” for “section 264(2)” substitute “ section 831(2) of the Companies Act 2006 ”;
(iv)in the definition of “undistributable reserves” for “section 264(3)” substitute “ section 831(4) ”.
(i)in the opening words, for “sections 270 to 276 of the Companies Act 1985” substitute “ sections 836 to 840 ”;
(ii)in paragraph (a), for “section 270” substitute “ section 836 ”;
(iii)in paragraph (b), for “section 273” substitute “ section 839 ”;
(iv)in the closing words, for “section 226” substitute “ section 394 ”;
(b)in sub-paragraph (5), in the definition of “accounting reference period”, for “section 224 of the Companies Act 1985” substitute “ section 391 of the Companies Act 2006 ”.
229. In Schedule 7 to the Energy Act 2004 (finances and accounts of transferee companies)—U.K.
(a)in paragraph 8(4), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”;
(b)in paragraph 9(a), for “the Companies Act 1985” substitute “ the Companies Act 2006 ”.
230. In Schedule 20 to the Energy Act 2004 (conduct of energy administration), in paragraph 16(2), in the substituted paragraph (b) of paragraph 74(6) of Schedule B1 to the 1986 Act, for “section 425 of the Companies Act” substitute “ section 899 of the Companies Act 2006 ”.U.K.
Horserace Betting and Olympic Lottery Act 2004 (c.25)U.K.
231.—(1) The Horserace Betting and Olympic Lottery Act 2004 is amended as follows.
(a)in subsection (6), for “sections 270 to 276 of the Companies Act 1985” substitute “ sections 836 to 840 of the Companies Act 2006 ”;
(3) In section 12 (interpretation) for “the Companies Act 1985” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”.
232.—(1) In section 14 of the Companies (Audit, Investigations and Community Enterprise) Act 2004 (supervision of accounts and reports of issuers of transferable securities), in subsection (12) F176 (expressions defined by reference to the Financial Services and Markets Act 2000), after “In this section” insert “ and sections 15A to 15E below ”.
(2) For section 15 of the Companies (Audit, Investigations and Community Enterprise) Act 2004 F177 (application of certain company law provisions to bodies appointed under section 14) substitute—
F176Subsection (12) has been amended by regulation 2(3) of, and paragraph 5 of Schedule 3 to, S.I. 2005/1433, and by section 1272 of, and paragraphs 13 and 14(1) and (5) in Part 2 of Schedule 15 to, the Companies Act 2006.
F177Section 15 has been amended by article 15 of S.I. 2005/1967 (N.I. 17) and by section 1272 of, and paragraphs 13 and 15 in Part 2 of Schedule 15 to, the Companies Act 2006.
233. In section 16(2)(c) of the Companies (Audit, Investigations and Community Enterprise) Act 2004 F178 (grants to bodies concerned with accounting standards), for “the Companies Act 1985 or the 1986 Order” substitute “ the Companies Act 2006 ”.U.K.
F178Section 16(2)(c ) has been amended by section 1276(1) and (3) of the Companies Act 2006.
234.—(1) Part 2 of the Companies (Audit, Investigations and Community Enterprise) Act 2004 (community interest companies) is amended as follows.U.K.
(2) In section 34 F179 (community interest company reports)—
(a)in subsection (2) for the words from the beginning to “treated as” substitute “ Regulations must make provision ”;
(3) In section 43(3) F180 (auditor's rights to information), for “Sections 398A and 398B of the 1985 Act or Articles 397A and 397B of the 1986 Order” substitute “ Sections 499 to 501 of the Companies Act 2006 ”.
(4) In section 45(3)(b) (appointment of director: statutory power to override restrictions in company's articles etc), omit “in general meeting”.
F179Section 34 has been amended by article 6(2) of, and paragraph 4 of Schedule 4 to, S.I. 2007/1093 (C. 49), and by article 10(1) of, and paragraph 104 of Schedule 4 to, S.I. 2007/2194 (C. 84).
F180Section 43 has been amended by article 6(2) of, and paragraph 12 of Schedule 4 to, S.I. 2007/1093 (C. 49), and article 10(3) of, and paragraph 106 of Schedule 4 to, S.I. 2007/2194 (C. 84).
European Public Limited-Liability Company Regulations 2004 (S.I. 2004/2326)U.K.
235.—(1) The European Public Limited-Liability Company Regulations 2004 are amended as follows.
(b)in paragraph (2), for the words from “listed in the index” to the end substitute “ defined for the purposes of the Companies Acts have the same meaning in these Regulations ”;
(c)in paragraph (4), for “listed in the index of defined expressions referred to” substitute “ defined as mentioned ”.
(3) In regulation 13(1) (documents sent to the registrar), for “the 1985 Act” substitute “ the Companies Acts ”.
(4) In regulation 79(7) (shadow directors as members of supervisory organ), for “section 741(2) of the 1985 Act” substitute “ section 251 of the Companies Act 2006 ”.
(5) In regulation 80 (particulars of members to be registered), in paragraph (5)(a) and (b) for “section 249AA(3) of the 1985 Act” substitute “ section 481 of the Companies Act 2006 ”.
(a)in paragraphs (1)(a) and (3), for “section 224 of the 1985 Act” substitute “ section 391 of the Companies Act 2006 ”;
(b)in paragraph (1)(b), for “section 223 of the 1985 Act” substitute “ section 390 of the Companies Act 2006 ”.
(7) In regulation 88(1) (effect of registration), for “the 1985 Act” substitute “ the Companies Acts ”.
(8) In regulation 89 (records of a converting SE), for “the 1985 Act” substitute “ the Companies Acts ”.
(a)in the Schedule heading, for “the 1985 Act” substitute “ the Companies Acts ”;
(b)in paragraph 9(a) and (b), for “section 117 of the 1985 Act” substitute “ section 761 of the Companies Act 2006 ”;
(c)in paragraph 11, for “section 224(3A) of the 1985 Act” substitute “ section 391(4) of the Companies Act 2006 ”.
236. In regulation 2(3) of the Open-Ended Investment Companies Regulations (Northern Ireland) 2004 (interpretation), for “used in the 1986 Order have the same meaning as in the 1986 Order” substitute “ used in the Companies Acts (as defined in section 2 of the Companies Act 2006) have the same meaning as in the Companies Acts ”.
237. In regulation 13(5) of the Open-Ended Investment Companies Regulations (Northern Ireland) 2004, for “Article 257AA(5) of that Order” substitute “ section 1169(2) of the Companies Act 2006, other than a transaction to which subsection (3) of that section applies. ”.U.K.
238. In paragraph 11 of Schedule 5 to the Open-Ended Investment Companies Regulations (Northern Ireland) 2004 (auditors)—U.K.
(a)in sub-paragraph (1), for “Article 398B of the 1986 Order” substitute “ section 494 of the Companies Act 2006 ”;
(i)for “Article 398B of the 1986 Order” substitute “ section 494 of the Companies Act 2006 ”;
(ii)for “Article 398B(3)” substitute “ section 494(4) ”.
239.—(1) Schedule 6 to the Open-Ended Investment Companies Regulations (Northern Ireland) 2004 (mergers and divisions) is amended as follows.U.K.
(a)for “Article 418 of the 1986 Order” substitute “ section 896 or 899 of the Companies Act 2006 ”, and
(a)in sub-paragraph (1), for “All the provisions of the 1986 Order” substitute “ The provisions of the Companies Act 2006 ”;
(ii)in paragraph (i), for “the 1986 Order” substitute “ the Companies Act 2006 ”.
European Public Limited-Liability Company Regulations (Northern Ireland) 2004 (S.R. (NI) 2004 No 417)U.K.
240.—(1) The European Public Limited-Liability Company Regulations (Northern Ireland) 2004 are amended as follows.
(3) In regulation 13(1) (documents sent to the registrar), for “the 1986 Order” substitute “ the Companies Acts ”.
(4) In regulation 77(6) (shadow directors as members of supervisory organ), for “Article 9(2) of the 1986 Order” substitute “ section 251 of the Companies Act 2006 ”.
(5) In regulation 78 (particulars of members to be registered), in paragraph (4)(a) and (b) for “Article 257AA(4) of the 1986 Order” substitute “ section 481 of the Companies Act 2006 ”.
(a)in paragraphs (1)(a) and (3), for “Article 232 of the 1986 Order” substitute “ section 391 of the Companies Act 2006 ”;
(b)in paragraph (1)(b), for “Article 231 of the 1986 Order” substitute “ section 390 of the Companies Act 2006 ”.
(7) In regulation 86(1) (effect of registration), for “the 1986 Order” substitute “ the Companies Acts ”.
(8) In regulation 87 (records of a converting SE), for “the 1986 Order” substitute “ the Companies Acts ”.
(a)in the Schedule heading, for “the 1986 Order” substitute “ the Companies Acts ”;
(b)in paragraph 9(a) and (b), for “Article 127 of the 1986 Order” substitute “ section 761 of the Companies Act 2006 ”;
(c)in paragraph 11, for “Article 232(3A) of the 1986 Order” substitute “ section 391(4) of the Companies Act 2006 ”.
Charities and Trustee Investment (Scotland) Act 2005 (asp 10)U.K.
241.—(1) The Charities and Trustee Investment (Scotland) Act 2005 is amended as follows.
(a)in paragraph (a), for “Chapter 5 of Part 11 of the Companies Act 1985” substitute “ Chapter 2 of Part 16 of the Companies Act 2006 ”;
(a)for “Part 1 of Schedule 13 to the Companies Act 1985” substitute “ Schedule 1 to the Companies Act 2006 ”;
(b)for “section 346(4) (connected persons etc)” substitute “ section 254 (directors connected with body corporate) ”.
Community Interest Company Regulations 2005 (S.I. 2005/1788)U.K.
242.—(1) The Community Interest Company Regulations 2005 are amended as follows.
(b)in the definition of “distributable profits”F181 omit the words from “and is to be interpreted” to “available for distribution”.
(3) In regulation 26 F182 (contents of community interest company report: general), omit paragraphs (1)(c) and (3).
(4) For regulation 29 F183 (application of provisions relating to the directors' report) substitute—
“Application of provisions relating to directors' report
29. The following provisions of the 2006 Act apply to the community interest company report as they apply to the directors' report—
sections 437 and 438(public companies: laying before general meeting);
(5) In Schedules 1, 2 and 3 F184 (provisions prescribed for memorandum or articles of community interest company), in paragraph 3(5) (meaning of “financial year”), for “section 223 of the 1985 Act or Article 231 of the 1986 Order” substitute “ section 390 of the 2006 Act ”.
F181The definition of “distributable profits” has been amended by S.I. 2007/1093 (C. 49), Schedule 4, paragraph 27(c).
F182Regulation 26(1)(c) has been amended by S.I. 2007/1093 (C. 49), Schedule 4, paragraph 37(a); regulation 26(3) has been amended by S.I. 2007/1093 (C. 49), Schedule 4, paragraph 37(b).
F183Regulation 29 has been amended by S.I. 2007/1093 (C. 49), Schedule 4, paragraph 38.
F184In Schedules 1, 2 and 3, paragraph 3(5) has been amended by S.I. 2007/1093 (C. 49), Schedule 4, paragraphs 42(d), 43(d) and 44(d) respectively.
243.—(1) The Government of Wales Act 2006 is amended as follows.
(a)in the definition of “undertaking”, for “section 259(1) of the Companies Act 1985” substitute “ section 1161(1) of the Companies Act 2006 ”;
(b)in the definition of “parent undertaking”, for “section 258” substitute “ section 1162 ”.
(4) In section 141(6)(a) (whole of government accounts: accounting standards), for “section 256 of the Companies Act 1985” substitute “ section 464 of the Companies Act 2006 ”.
Companies Act 2006 (c.46)U.K.
244. In section 458 of the Companies Act 2006 (disclosure of information by tax authorities), after subsection (5) add—
“(6) Where an offence under this section is committed by a body corporate, every officer of the body who is in default also commits the offence. For this purpose—
245. In section 460 of the Companies Act 2006 (restrictions on disclosure of information obtained under compulsory powers), after subsection (5) add—U.K.
246. In section 461(4) of the Companies Act 2006 (permitted disclosure of information obtained under compulsory powers), in paragraph (a)—U.K.
(a)for “section 46 of the Companies Act 1989” substitute “ section 1252 ”, and
(b)for “Part 2 of that Act” substitute “ Part 42 ”.
247. In section 519 of the Companies Act 2006 (statement by auditor to be deposited with company), after subsection (7) add—U.K.
“(8) Where an offence under this section is committed by a body corporate, every officer of the body who is in default also commits the offence. For this purpose—
248. In section 521 of the Companies Act 2006 (copy of statement to be sent to registrar), after subsection (5) add—U.K.
249.—(1) Section 896 of the Companies Act 2006 (arrangements and reconstructions: court order for holding of meeting) is amended as follows.U.K.
250.—(1) Section 899 of the Companies Act 2006 (arrangements and reconstructions: court sanction for compromise or arrangement) is amended as follows.U.K.
251. In section 938 of the Companies Act 2006 (mergers and divisions of public companies: court order for holding of meeting), after subsection (2) add—U.K.
Water and Sewerage Services (Northern Ireland) Order 2006 (S.I. 2006/3336 (N.I. 21))U.K.
252.—(1) The Water and Sewerage Services (Northern Ireland) Order 2006 is amended as follows.
(2) In Article 268(1) (interpretation), in the definition of “subsidiary undertaking”, for “Article 266 of the Companies Order” substitute “ section 1162 of the Companies Act 2006 ”.
(a)in paragraph (2)(b), for “Article 271(1) of the Companies (Northern Ireland) Order 1986” substitute “ section 830(2) of the Companies Act 2006 ”;
(i)for “Article 272(3)(d) of the Companies Order” substitute “ section 831(4)(d) of the Companies Act 2006 ”;
(ii)for “that Article” substitute “ that section ”;
(iii)for “Article 272(3)(c) of that Order” substitute “ section 831(4)(c) of that Act ”.
(b)in the closing words of paragraph (2), for “the Companies Order” substitute “ the Companies Act 2006 ”;
(c)in paragraph (5), for “the Companies Order” substitute “ the Companies Acts (as defined in section 2 of the Companies Act 2006) ”.