Version Superseded: 26/10/2023
Point in time view as at 17/06/2016.
Companies Act 2006, Cross Heading: Company's power to withdraw restrictions notice is up to date with all changes known to be in force on or before 05 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Textual Amendments
F1Schs. 1A, 1B inserted (26.5.2015 for specified purposes, 6.4.2016 in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 3 para. 2; S.I. 2015/1329, reg. 3(a); S.I. 2015/2029, reg. 4(a)
11U.K.A company that issues a person with a restrictions notice under paragraph 1 must by notice withdraw the restrictions notice if—
(a)it is satisfied that there is a valid reason sufficient to justify the person's failure to comply with the notice served under section 790D or 790E,
(b)the notice served under section 790D or 790E is complied with, or
(c)it discovers that the rights of a third party in respect of the relevant interest are being unfairly affected by the restrictions notice.]
Modifications etc. (not altering text)
C1Sch. 1B applied (with modifications) by S.I. 2009/1804, reg. 31N (as inserted (6.4.2016) by The Limited Liability Partnerships (Register of People with Significant Control) Regulations 2016 (S.I. 2016/340), regs. 1(3), 3, Sch. 1)
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