The implementation of the companies act 2006 was completed on 1 october 2009. In a company limited by shares1, the liability of the members is limited to the nominal value2of the subscribed. Chapter 1 restrictions on when distributions may be made s. The companies act 2006 c 46 is an act of the parliament of the united kingdom which forms. Companies act 2006 legislation 1 in this part distribution means every description of distribution of a company s assets to its members, whether in cash or otherwise, subject to the following exceptions.
The companies act 2006 confirms this common law rule, but allows for statutory. This guide includes information on matters that are practical and relevant to saica members and other individuals in business who engage with company law. Section 829, companies act 2006 toggle table of contents table of contents. Department for business, innovation and skills bis company and partnership law. An overview and guide to the consultation process, implementation and evaluation of the companies act 2006, including information on the new regulations amending part 25 of the act. Company law in the uk is mainly set out in the companies act 2006 the 2006 act. The medicare orthotic and prosthetic improvement act s. Part 23 distributions ss 829853 companies act 2006. Companies act, 2012, 2012 uganda legal information institute. Investment funds, companies and miscellaneous provisions act 2006 no. Section 830 of the companies act 2006 croneri tax and accounting. Supplemental provisions in relation to section 828.
View on westlaw or start a free trial today, schedule 1a, companies act 2006, primarysources schedule 1a, companies act 2006 practical law uk home global home new. Open pdf oscail pdf print full actpriontail an tacht iomlan. United states code, 2006 edition, supplement 4, title 21 food and drugs. Comparing the legal mechanisms of redemption of shares. Supplemental provisions in relation to section 828 830. The electronic irish statute book eisb comprises the acts of the oireachtas parliament, statutory instruments, legislation directory, constitution and a limited number of pre1922 acts. View on westlaw or start a free trial today, section 829, companies act 2006, primarysources.
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