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Companies Act 1985

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Changes over time for: Cross Heading: Rights held by one person on behalf of another

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Version Superseded: 06/04/2008

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Status:

Point in time view as at 30/04/2001.

Changes to legislation:

There are currently no known outstanding effects for the Companies Act 1985, Cross Heading: Rights held by one person on behalf of another. Help about Changes to Legislation

[F1 Rights held by one person on behalf of another]E+W+S

Textual Amendments

F1Sch. 10A added by Companies Act 1989 (c. 40, SIF 27), ss. 21(2), 213(2), Sch. 9 (subject to the transitional and saving provisions mentioned in S.I. 1990/355, arts. 6–9)

6Rights held by a person in a fiduciary capacity shall be treated as not held by him.

7(1)Rights held by a person as nominee for another shall be treated as held by the other.

(2)Rights shall be regarded as held as nominee for another if they are exercisable only on his instructions or with his consent or concurrence.

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