The Department for Business, Enterprise and Regulatory Reform (BERR) has announced that Section 644 of the Companies Act (2006) will now come into force on 1 October 2008 and not 1 October 2009 as previously stated. According to BERR:
"Until 2 May 2008 the publicly stated position as regards the commencement of section 644 was that it would commence in October 2009, and that between October 2008 and October 2009 matters relating to the registration of documents at Companies House would be dealt with by amendments to section 138 of the Companies Act 1985, amendments that would have simply enabled suitable changes to be made to existing forms. This approach was agreed to provide sufficient time for Companies House to implement all necessary processes and procedures to ensure the proper operation of the solvency statement route for reducing share capital. Companies House, however, is confident that it can now have in place all necessary processes and procedures to ensure the proper operation of the solvency statement route by October 2008. That being the case there is now no barrier to commencing section 644 of the 2006 Act in October 2008, and that is what we now propose to do".
For further information see here.
UK: Section 644, Companies Act (2006): commencement date brought forward
Labels:
companies act 1985,
companies act 2006,
companies house,
dberr,
shares,
uk
Spread The Love, Share Our Article
Subscribe to:
Post Comments (Atom)
Popular entries
-
Incident: Sick Kids physician loses portable hard-drive with unencrypted personal health informationA physician from Sick Kids hospital who decided to travel with a portable hard-drive containing unencrypted health information on 3,300 pat...
-
The Information and Privacy Commissioner of Alberta released a very interesting order today, considering whether the right to freedom of exp...
-
The Securities and Exchange Commission has voted unanimously to introduce amendments designed to strengthen the regulatory framework govern...
-
USA: Restoring American Financial Stability - discussion draft published by Senate Banking CommitteeThe United States Senate Committee on Banking, Housing and Urban Affairs has published a discussion draft titled Restoring American Financ...
-
In case you were wondering, you really shouldn't expect that anything you post on your MySpace page will be kept private. If you are in ...
-
According to an article in USA Today, Facebook is following in the footsteps of Google and others by using targeted ads. I'm not at all ...
-
I was interviewed some time ago for a Globe & Mail article on workplace surveillance, which appeared yesterday. The piece discusses keys...
-
Like many people I suspect, I was concerned to read the recent BBC report about glass ceilings which, the report said, means that "to...
-
Earlier this year, in Hawkes v Cuddy [2009] EWCA Civ 261 , the Court of Appeal declined to follow the position, adopted in Re Guidezone [2...
-
In Gregson v HAE Trustees Ltd & Ors [2008] EWHC 1006 (Ch) a so-called "dog-leg" claim was brought against the directors of a ...
Comments
Post a comment on: UK: Section 644, Companies Act (2006): commencement date brought forward