Version Superseded: 26/10/2023
Point in time view as at 03/10/2022.
Companies Act 2006, Paragraph 12 is up to date with all changes known to be in force on or before 06 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.
[F112(1)The Secretary of State may by regulations make provision about the procedure to be followed by companies in issuing and withdrawing restrictions notices.U.K.
(2)The regulations may in particular make provision about—
(a)the form and content of warning notices and restrictions notices, and the manner in which they must be given,
(b)the factors to be taken into account in deciding what counts as a “valid reason” sufficient to justify a person's failure to comply with a notice under section 790D or 790E, and
(c)the effect of withdrawing a restrictions notice on matters that are pending with respect to the relevant interest when the notice is withdrawn.
(3)Regulations under this paragraph are subject to negative resolution procedure.]
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)
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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