The Health and Personal Social Services (General Medical Services Contracts) Regulations (Northern Ireland) 2004

Notice provisions specific to a contract with a company limited by shares

79.—(1) A contractor which is a company limited by shares shall give notice in writing to the Board forthwith when –

(a) any share in the contractor is transmitted or transferred (whether legally or beneficially) to another person on a date after the contract has been entered into;

(b) it passes a resolution or the High Court makes an order that the contractor be wound up;

(c) circumstances arise which might entitle a creditor or the High Court to appoint a receiver, administrator or administrative receiver for the contractor;

(d) circumstances arise which would enable the High Court to make a winding up order in respect of the contractor; or

(e) the contractor is unable to pay his debts within the meaning of Article 103 of the Insolvency (Northern Ireland) Order 1989(1).

(2) A notice under sub-paragraph (1)(a) shall confirm that the new shareholder, or, as the case may be, the personal representative of a deceased shareholder –

(a) is a medical practitioner, or that he satisfies the conditions specified in Article 57B(2)(b)(i) to (iv) of the Order(2); and

(b) meets the further conditions imposed on shareholders by virtue of regulations 4 and 5.

(1)

S.I. 1986 c. 45

(2)

Article 57B was inserted into the Order by Article 4 of the 2004 Order Back [2]