SCHEDULE 1PROVISIONS RELATING TO OLD PUBLIC COMPANIES

Application of Companies Acts to old public companies2

1

References in the Companies Acts to—

a

a public company, or

b

a company other than a private company,

are to be read (unless the context otherwise requires) as including an old public company.

2

References in the Companies Acts to a private company are to be read accordingly.

3

Sub-paragraphs (1) and (2)—

a

do not apply in relation to—

i

Part 7 of the Companies Act 2006 (re-registration as a means of altering a company’s status), and

ii

sections 662 to 669 of that Act (treatment of shares held by or for public company) (see paragraph 7(1) and (2) below), and

b

do not restrict the power to make provision by regulations under section 65 of that Act (inappropriate use of indications of company type or legal form).