The Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations 2019

Regulation6

SCHEDULE 1 U.K. Amendments to the Act

1.  The Act is amended in accordance with this Schedule. U.K.

Commencement Information

I1 Sch. 1 para. 1 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Amendment to Part 8 – a company's members U.K.

2.  In section 141(2)(b) (subsidiary acting as authorised dealer in securities), for “regulated market” substitute “ UK regulated market ”M1 .

Commencement Information

I2 Sch. 1 para. 2 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M1 A definition of “UK regulated market” was inserted into section 1173(1) of the Companies Act 2006 by the Accounts and Reports (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/145).

Amendment to Part 9 – exercise of members' rights U.K.

3.  In section 146(1) (traded companies: nomination of persons to enjoy information rights), for “regulated market” substitute “ UK regulated market or an EU regulated market ”M2 .

Commencement Information

I3 Sch. 1 para. 3 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M2 A definition of “EU regulated market” was inserted into section 1173(1) of the Companies Act 2006 by the Accounts and Reports (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/145).

Amendment to Part 10 – a company's directors U.K.

4.  In section 164 (particulars of directors to be registered: corporate directors and firms), for paragraph (c) substitute—

“(c) in the case of a limited company that is a UK-registered company, the registered number;”.

Commencement Information

I4 Sch. 1 para. 4 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Amendment to Part 12 – company secretaries U.K.

5.  In section 278(1) (particulars of secretaries to be registered: corporate secretaries and firms), for paragraph (c) substitute—

“(c) in the case of a limited company that is a UK-registered company, the registered number;”.

Commencement Information

I5 Sch. 1 para. 5 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Amendment to Part 13 – resolutions and meetings U.K.

6.  In section 360C(b) (meaning of “traded company”) M3 , for “regulated market in an EEA State” substitute “ UK regulated market or an EU regulated market ”.

Commencement Information

I6 Sch. 1 para. 6 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M3 Section 360C was inserted by S.I. 2009/1632.

Amendments to Part 14 – control of political donations and expenditure U.K.

7.  In section 363 (political parties, organisations etc to which Part 14 applies)—

(a) for subsection (1) substitute—

“(1) This Part applies to a political party if it is registered under Part 2 of the Political Parties, Elections and Referendums Act 2000 (c. 41).”;

(b) in subsections (2)(b) and (3), omit “or another member State”.

Commencement Information

I7 Sch. 1 para. 7 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

8.  In section 365(1)(b)(ii) (meaning of “political expenditure”), for “a member state” substitute “ the United Kingdom ”. U.K.

Commencement Information

I8 Sch. 1 para. 8 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Amendments to Part 17 – a company's share capital U.K.

9.  In section 562(3)(a) (communication of pre-emption offers to shareholders), for “an EEA State”, in both places it occurs, substitute “ the United Kingdom or an EEA State ”.

Commencement Information

I9 Sch. 1 para. 9 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Amendments to Part 21A – information about people with significant control U.K.

10.  In section 790B(1)(a) (companies to which Part 21A applies) M4 , for “regulated market which is situated in an EEA State” substitute “ UK regulated market or an EU regulated market ”.

Commencement Information

I10 Sch. 1 para. 10 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M4 Section 790B was inserted by section 81 of, and Schedule 3 to, the Small Business, Enterprise and Employment Act 2015 c. 26 and has been amended by regulation 5(2) of S.I. 2017/693.

11.  In section 790C(7)(b) (key terms) M5 , for the words from “regulated market” to the end substitute “ UK regulated market or an EU regulated market, ”. U.K.

Commencement Information

I11 Sch. 1 para. 11 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M5 Section 790C was inserted by section 81 of, and Schedule 3 to, the Small Business, Enterprise and Employment Act 2015 and subsection (7)(b) was substituted by regulation 6(2) of S.I. 2017/693.

Amendment to Part 23 – distributions U.K.

12.  In section 832(5)(a) (distributions by investment companies out of accumulated revenue profits) M6 , for “regulated market” substitute “ UK regulated market ”.

Commencement Information

I12 Sch. 1 para. 12 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M6 Section 832(5)(a) was substituted by regulation 2(2)(a) of S.I. 2012/952.

Amendment to Part 24 – annual confirmation of accuracy of information on register U.K.

13.  In section 853E(6) (duty to notify trading status of shares) M7 , in paragraph (b) of the definition of “relevant market”, for “regulated market” substitute “ UK regulated market or an EU regulated market ”.

Commencement Information

I13 Sch. 1 para. 13 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M7 Part 24 was substituted by section 92 of the Small Business, Enterprise and Employment Act 2015 and the definition of “relevant market” in section 853E(6) was substituted by paragraph 9(6) of Schedule 4 to S.I. 2017/701.

Amendment to Part 34 – overseas companies U.K.

14.  In section 1047 (registered name of overseas company)—

(a) omit subsection (3);

(b) in subsection (4)—

(i) omit “In any other case,”;

(ii) after paragraph (b), insert—

“(ba) section 57 (permitted characters etc);”;

(c) omit subsection (5);

(d) in subsection (6) omit “or (5)”.

Commencement Information

I14 Sch. 1 para. 14 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Amendments to Part 35 – the registrar of companies U.K.

15.  In section 1068(5) (registrar's requirements as to form, authentication and manner of delivery), for “as from 1st January 2007 all documents subject to the Directive disclosure requirements” substitute “ an enhanced disclosure document ”.

Commencement Information

I15 Sch. 1 para. 15 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

16.  In section 1077(1) (public notice of receipt of certain documents), for “subject to the Directive disclosure requirements” substitute “ an enhanced disclosure document ”. U.K.

Commencement Information

I16 Sch. 1 para. 16 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

17.  In section 1078 (documents subject to Directive disclosure requirements)— U.K.

(a) for the heading substitute “ Enhanced disclosure documents ”;

(b) in subsection (1)—

(i) for the first sentence, substitute “ The enhanced disclosure documents are as follows. ”;

(ii) omit the second sentence;

(c) in subsection (4)(a), for “subject to the Directive disclosure requirements” substitute “ an enhanced disclosure document ”.

Commencement Information

I17 Sch. 1 para. 17 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

18.  In section 1079(4)(b) (effect of failure to give public notice), for “a document subject to the Directive disclosure requirements” substitute “ an enhanced disclosure document ”. U.K.

Commencement Information

I18 Sch. 1 para. 18 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

19.  Omit section 1079A (provision of information for publication on European e-Justice portal) M8 . U.K.

Commencement Information

I19 Sch. 1 para. 19 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M8 Section 1079A was inserted by article 5 of S.I. 2014/1557.

20.  In section 1080(3) (the register), for “documents subject to the Directive disclosure requirements (see section 1078) that are delivered to the registrar on or after 1st January 2007” substitute “ an enhanced disclosure document (see section 1078) delivered to the registrar, ”. U.K.

Commencement Information

I20 Sch. 1 para. 20 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

21.  In section 1086(2) (right to copy of material on the register), for “a document subject to the Directive disclosure requirements” substitute “ an enhanced disclosure document ”. U.K.

Commencement Information

I21 Sch. 1 para. 21 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

22.  In section 1089(2) (form of application for inspection or copy), for “As from 1st January 2007, applications in respect of documents subject to the Directive disclosure requirements” substitute “ Applications in respect of an enhanced disclosure document ”. U.K.

Commencement Information

I22 Sch. 1 para. 22 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

23.  In section 1090(2) (form and manner in which copies to be provided), for “As from 1st January 2007, copies of documents subject to the Directive disclosure requirements” substitute “ Copies of an enhanced disclosure document ”. U.K.

Commencement Information

I23 Sch. 1 para. 23 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

24.  In section 1091(5) (certification of copies as accurate), for “documents that are subject to the Directive disclosure requirements” substitute “ an enhanced disclosure document ”. U.K.

Commencement Information

I24 Sch. 1 para. 24 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

25.  In section 1098(1) (public notice of removal of certain material from the register), for “any document subject to the Directive disclosure requirements” substitute “ an enhanced disclosure document ”. U.K.

Commencement Information

I25 Sch. 1 para. 25 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Amendments to Part 38 – companies: interpretation U.K.

26.  In section 1173(1) (minor definitions: general), for the definition of “transferable securities”M9 substitute—

““transferable securities” has the meaning given by Article 2.1.24 of Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 and amending Regulation (EU) No. 648/2012;”M10 .

Commencement Information

I26 Sch. 1 para. 26 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M9 The definition of transferable securities was inserted by regulation 12(2) of S.I. 2015/980 and amended by paragraph 9(7)(a)(ii) of Schedule 4 to S.I. 2017/701.

M10 The definition of “transferable securities” in Article 2.1.24 was amended by the Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1403).

Amendments to Schedule 8 – index of defined expressions U.K.

27.  Schedule 8 (index of defined expressions) is amended as follows—

(a) omit the entry for “Directive disclosure requirements”;

(b) at the appropriate place insert—

“enhanced disclosure documents

section 1078”.

Commencement Information

I27 Sch. 1 para. 27 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Regulation 7

SCHEDULE 2 U.K. Amendments to secondary legislation

The Companies (Political Expenditure Exemption) Order 2007 U.K.

1.  The Companies (Political Expenditure Exemption) Order 2007 M11 is amended in accordance with paragraph 2.

Commencement Information

I28 Sch. 2 para. 1 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M11 S.I. 2007/2081.

2.  In article 3(1)(b) (description of political expenditure), for “a member state” substitute “ the United Kingdom ”. U.K.

Commencement Information

I29 Sch. 2 para. 2 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Overseas Companies Regulations 2009 U.K.

3.  The Overseas Companies Regulations 2009 M12 are amended in accordance with paragraphs 4 to 8.

Commencement Information

I30 Sch. 2 para. 3 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M12 S.I. 2009/1801; relevant amendments were made by S.I. 2011/1043, S.I. 2013/472, S.I. 2017/692, and by section 211 of, and paragraph 340 of Schedule 19 to, the Data Protection Act 2018 c. 12.

4.  In regulation 2 (interpretation), omit the definition of “First Company Law Directive”. U.K.

Commencement Information

I31 Sch. 2 para. 4 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

5.  In regulation 6 (particulars of the company)— U.K.

(a) at the end of paragraph (1)(e), omit “and”;

(b) after paragraph (1)(f), insert—

“(g) the law under which the company is incorporated,

(h) in the case of a company to which Chapter 2 of Part 5 or Chapter 2 of Part 6 applies (requirements to prepare and disclose accounts under parent law), the period for which the company is required by its parent law to prepare accounts, together with the period allowed for the preparation and public disclosure (if any) of accounts for such a period, and

(i) unless disclosed by the company's constitution (see regulation 8)—

(i) the address of its principal place of business in its country of incorporation or, if applicable, its registered office,

(ii) its objects, and

(iii) the amount of its issued share capital.”;

(c) omit paragraph (2);

(d) omit paragraph (3)(b)(iii);

(e) in paragraph (3)(b)(iv), omit “in any other case”;

(f) omit paragraph (4)(b)(iii);

(g) in paragraph (4)(b)(iv), omit “in any other case”.

Commencement Information

I32 Sch. 2 para. 5 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

6.  In regulation 63 (particulars to appear in business letters, order forms and websites)— U.K.

(a) in paragraph (1), for “paragraph (2)” substitute “ paragraph (4) ”;

(b) omit paragraphs (2) and (3);

(c) in paragraph (5), omit the words “which is not incorporated in an EEA state”.

Commencement Information

I33 Sch. 2 para. 6 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

7.  In regulation 76 (documents subject to Directive disclosure requirements)— U.K.

(a) for the heading substitute “ Enhanced disclosure documents ”;

(b) in the opening words before paragraph (a), for “documents subject to Directive disclosure requirements” substitute “ enhanced disclosure documents ”.

Commencement Information

I34 Sch. 2 para. 7 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

8.  In Schedule 2 (conditions for permitted disclosure)— U.K.

(a) in paragraph 3—

(i) in sub-paragraph (a), after “business” insert “ in the United Kingdom or ”;

(ii) in sub-paragraph (b), for “European Economic Area” substitute “ area comprising the United Kingdom and the European Economic Area ”;

(b) in paragraph 6—

(i) in sub-paragraph (1)(a), omit “or in another EEA State”;

(ii) in sub-paragraph (1)(b)(ii), for “data protection obligations” substitute “ obligations under the data protection legislation (as defined in section 3 of the Data Protection Act 2018 M13 ) ”;

(iii) omit sub-paragraph (2);

(c) in paragraph 7(b), omit from “, or in any legislation of another EEA State implementing Directive 2015/849/EU” to the end;

(d) in paragraph 8, omit “or in another EEA State”;

(e) in paragraph 9, in sub-paragraphs (a) and (b), for “European Economic Area” substitute “ United Kingdom ”; and

(f) in paragraph 11, in the definition of “public function”, omit paragraph (b).

Commencement Information

I35 Sch. 2 para. 8 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M13 2018 c. 12.

The Companies (Disclosure of Address) Regulations 2009 U.K.

9.  The Companies (Disclosure of Address) Regulations 2009 M14 are amended in accordance with paragraph 10.

Commencement Information

I36 Sch. 2 para. 9 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M14 S.I. 2009/214; relevant amendments were made by S.I. 2011/1043, S.I. 2013/472, S.I. 2017/692, and by section 211 of, and paragraph 339 of Schedule 19 to, the Data Protection Act 2018.

10.  In Schedule 2 (conditions for permitted disclosure)— U.K.

(a) in paragraph 3—

(i) in sub-paragraph (a), after “European Economic Area” insert “ or in the United Kingdom ”;

(ii) in sub-paragraph (b), for “European Economic Area” substitute “ area comprising the United Kingdom and the European Economic Area ”;

(b) in paragraph 6—

(i) in sub-paragraph (1)(a), omit “or in another EEA State”;

(ii) in sub-paragraph (1)(b)(ii), for “data protection obligations” substitute “ obligations under the data protection legislation (as defined in section 3 of the Data Protection Act 2018) ”;

(iii) omit sub-paragraph (2);

(c) in paragraph 7(b), omit from “, or in any legislation of another EEA State implementing Directive 2015/849/EU” to the end;

(d) in paragraph 8, omit “or in another EEA State”;

(e) in paragraph 9, in sub-paragraphs (a) and (b), for “European Economic Area” substitute “ United Kingdom ”;

(f) in paragraph 11, in the definition of “public function”, omit paragraph (b).

Commencement Information

I37 Sch. 2 para. 10 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Companies (Disclosure of Date of Birth Information) Regulations 2015 U.K.

11.  The Companies (Disclosure of Date of Birth Information) Regulations 2015 M15 are amended in accordance with paragraph 12.

Commencement Information

I38 Sch. 2 para. 11 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M15 S.I. 2015/1694; relevant amendments were made by S.I. 2017/692, and by section 211 of, and paragraph 384 of Schedule 19 to, the Data Protection Act 2018.

12.  In Schedule 2 (conditions for permitted disclosure)— U.K.

(a) in paragraph 3—

(i) in sub-paragraph (a), after “European Economic Area” insert “ or in the United Kingdom ”;

(ii) in sub-paragraph (b), for “European Economic Area” substitute “ area comprising the United Kingdom and the European Economic Area ”;

(b) in paragraph 6—

(i) in sub-paragraph (1)(a), omit “or in another EEA State”;

(ii) in sub-paragraph (1)(b)(ii), for “data protection obligations” substitute “ obligations under the data protection legislation (as defined in section 3 of the Data Protection Act 2018) ”;

(iii) omit sub-paragraph (2);

(c) in paragraph 7(b), omit from “, or in any legislation of another EEA State implementing Directive 2015/849/EU” to the end;

(d) in paragraph 8, omit “or in another EEA State”;

(e) in paragraph 9, in sub-paragraphs (a) and (b), for “European Economic Area” substitute “ United Kingdom ”;

(f) in paragraph 11, in the definition of “public function”, omit paragraph (b).

Commencement Information

I39 Sch. 2 para. 12 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Register of People with Significant Control Regulations 2016 U.K.

13.  The Register of People with Significant Control Regulations 2016 M16 are amended in accordance with paragraph 14.

Commencement Information

I40 Sch. 2 para. 13 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M16 S.I. 2016/339; relevant amendments were made by S.I. 2017/692, S.I. 2017/693 and by section 211 of, and paragraphs 399 to 402 of Schedule 19 to, the Data Protection Act 2018.

14.  In Schedule 4 (conditions for permitted disclosure)— U.K.

(a) in paragraph 2—

(i) in sub-paragraph (a), after “business” insert “ in the United Kingdom or ”; and

(ii) in sub-paragraph (b), for “European Economic Area” substitute “ area comprising the United Kingdom and the European Economic Area ”;

(b) in paragraph 6—

(i) in sub-paragraph (a), omit “or in another EEA State”;

(ii) sub-paragraph (b)(ii), for “data protection obligations” substitute “ obligations under the data protection legislation (as defined in section 3 of the Data Protection Act 2018) ”;

(c) in paragraph 8—

(i) at the end of sub-paragraph (b)(i), insert “ or ”;

(ii) omit sub-paragraph (b)(iii), and the “or” before it;

(d) in paragraph 9, omit “or in another EEA State”;

(e) in paragraph 10, in sub-paragraphs (a) and (b), for “European Economic Area” substitute “ United Kingdom ”;

(f) in paragraph 12A(b), for “data protection obligations” substitute “obligations under the data protection legislation (as defined in section 3 of the Data Protection Act 2018);

(g) in paragraph 12F, in sub-paragraphs (a) and (b), for “European Economic Area” substitute “ United Kingdom ”;

(h) omit paragraph 13(b)(ii);

(i) omit paragraph 14.

Commencement Information

I41 Sch. 2 para. 14 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Scottish Partnerships (Register of People with Significant Control) Regulations 2017 U.K.

15.  The Scottish Partnerships (Register of People with Significant Control) Regulations 2017 M17 are amended in accordance with paragraphs 16 to 18.

Commencement Information

I42 Sch. 2 para. 15 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M17 S.I. 2017/694; relevant amendments were made by section 211 of, and paragraph 420 of Schedule 19 to, the Data Protection Act 2018.

16.  In regulation 2 (interpretation)— U.K.

(a) in the appropriate place, insert—

““UK regulated market” has the meaning given in regulation 3(12)”;

(b) in the appropriate place, insert—

““EU regulated market” has the meaning given in regulation 3(12)”.

Commencement Information

I43 Sch. 2 para. 16 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

17.  In regulation 3 (key terms)— U.K.

(a) in paragraph (7)(c), for “regulated market situated in an EEA State” substitute “ UK regulated market or an EU regulated market ”;

(b) for paragraph (12), substitute—

“(12) In paragraph (7), “UK regulated market” and “EU regulated market” have the meanings given in Article 2.1.13A and 2.1.13B respectively of Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 and amending Regulation (EU) No. 648/2012”M18 .

Commencement Information

I44 Sch. 2 para. 17 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M18 Articles 2.1.13A and 2.1.13B were inserted by the Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1403).

18.  In Schedule 5 (conditions for permitted disclosure)— U.K.

(a) in paragraph 2—

(i) in sub-paragraph (a), after “business” insert “ in the United Kingdom or ”;

(ii) in sub-paragraph (b), for “European Economic Area” substitute “ area comprising the United Kingdom and the European Economic Area ”;

(b) in paragraph 6—

(i) in sub-paragraph (1)(b), for “data protection obligations” substitute “ obligations under the data protection legislation (as defined in section 3 of the Data Protection Act 2018) ”;

(ii) omit sub-paragraph (2);

(c) in paragraph 10, omit “or another EEA State”;

(d) in paragraph 11, in sub-paragraphs (a) and (b), for “European Economic Area” substitute “ United Kingdom ”;

(e) omit paragraph 14(b)(ii).

Commencement Information

I45 Sch. 2 para. 18 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Regulation 8

SCHEDULE 3 U.K. Consequential amendments

Amendments to the Insolvency Act 1986 U.K.

1.  In Schedule B1 to the Insolvency Act 1986 M19 (administration) omit paragraphs 73(2)(d) (and the “or” immediately before it) and 74(6)(ba).

Commencement Information

I46 Sch. 3 para. 1 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M19 1986 c. 45; relevant amendments were made by regulations 65(3) and 65(5) of S.I. 2007/2974.

Amendments to the Employment Tribunals Act 1996 U.K.

2.  The Employment Tribunals Act 1996 M20 is amended in accordance with paragraph 3 and 4.

Commencement Information

I47 Sch. 3 para. 2 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M20 1996 c. 17; relevant amendments were made by regulation 59(b) of S.I. 2007/2974 and article 2 of S.I. 2014/431.

3.  In section 18(1) (conciliation: relevant proceedings etc) omit paragraph (v). U.K.

Commencement Information

I48 Sch. 3 para. 3 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

4.  In section 21(1) (jurisdiction of Appeal Tribunal) omit paragraph (u). U.K.

Commencement Information

I49 Sch. 3 para. 4 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Amendments to the Employment Rights Act 1996 U.K.

5.  The Employment Rights Act 1996 M21 is amended in accordance with paragraph 6 and 7.

Commencement Information

I50 Sch. 3 para. 5 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M21 1996 c. 18; relevant amendments were made by regulations 48(1)(b) and 48(2)(b) of S.I. 2007/2974 and paragraph 16 of Schedule 2 of S.I. 2010/93.

6.  In section 105 (redundancy) omit subsection (7K). U.K.

Commencement Information

I51 Sch. 3 para. 6 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

7.  In section 108(3) (qualifying period of employment) omit paragraph (p). U.K.

Commencement Information

I52 Sch. 3 para. 7 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Amendment to the Employment Act 2002 U.K.

8.  In Schedule 5 to the Employment Act 2002 M22 (tribunal jurisdictions to which section 38 applies), omit the entry relating to regulation 51 of the Companies (Cross-Border Mergers) Regulations 2007.

Commencement Information

I53 Sch. 3 para. 8 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M22 2002 c. 22; relevant amendments were made by regulation 63(c) of S.I. 2007/2974.

The Employment Appeal Tribunal Rules 1993 U.K.

9.  The Employment Appeal Tribunal Rules 1993 M23 are amended in accordance with paragraphs 10 to 17.

Commencement Information

I54 Sch. 3 para. 9 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M23 S.I. 1993/2854; relevant amendments were made by regulation 64(1) to (4) of S.I. 2007/2974.

10.  In rule 2(1) (interpretation) omit the definition of “the 2007 Regulations”. U.K.

Commencement Information

I55 Sch. 3 para. 10 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

11.  In rule 3(1)(d) (institution of appeal) omit “or regulation 57(6) of the 2007 Regulations”. U.K.

Commencement Information

I56 Sch. 3 para. 11 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

12.  In rule 4(1)(e) (service of notice of appeal) omit “or regulation 57(6) of the 2007 Regulations”. U.K.

Commencement Information

I57 Sch. 3 para. 12 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

13.  In rule 5(c) (respondents to appeals) omit “or regulation 57(6) of the 2007 Regulations”. U.K.

Commencement Information

I58 Sch. 3 para. 13 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

14.  In rule 7(1)(e) (disposal of appeal) omit “or regulation 57(6) of the 2007 Regulations”. U.K.

Commencement Information

I59 Sch. 3 para. 14 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

15.  In rule 16AA (application under regulation 33(6) of the 2004 Regulations) omit “or regulation 53(6) of the 2007 Regulations” and “or regulation 53(4) of the 2007 Regulations”. U.K.

Commencement Information

I60 Sch. 3 para. 15 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

16.  In rule 26(1) (default by parties), insert “ or ” after “the 2004 Regulations” and omit “or regulation 53 of the 2007 Regulations”. U.K.

Commencement Information

I61 Sch. 3 para. 16 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

17.  In rule 31(1)(c) (drawing up, reasons for, and enforcement of orders) insert “ or ” after “the 2004 Regulations” and omit “or regulation 53 of the 2007 Regulations”. U.K.

Commencement Information

I62 Sch. 3 para. 17 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 U.K.

18.  The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 M24 are amended in accordance with paragraph 19.

Commencement Information

I63 Sch. 3 para. 18 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M24 S.I. 2008/1911; relevant amendments were made by paragraph 15(4) of Schedule 3 to S.I. 2009/1804 and regulation 25(2) of S.I. 2016/575.

19.  In regulation 55 (minor definitions), in the modification of section 1173 of the Act— U.K.

(a) in subsection (1), for the definition of “transferable securities” substitute—

““transferable securities” has the meaning given by Article 2.1.24 of Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 and amending Regulation (EU) No. 648/2012;”;

(b) omit subsection (2).

Commencement Information

I64 Sch. 3 para. 19 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Banking Act 2009 (Parts 2 and 3 Consequential Amendments) Order 2009 U.K.

20.  The Banking Act 2009 (Parts 2 and 3 Consequential Amendments) Order 2009 M25 is amended in accordance with paragraph 21.

Commencement Information

I65 Sch. 3 para. 20 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M25 S.I. 2009/317.

21.  In the Schedule (legislation subject to the general modifications in Part 2) omit “Companies (Cross-Border Mergers) Regulations 2007”. U.K.

Commencement Information

I66 Sch. 3 para. 21 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009 U.K.

22.  The Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009 M26 are amended in accordance with paragraphs 23 to 25.

Commencement Information

I67 Sch. 3 para. 22 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M26 S.I. 2009/1804; relevant amendments were made by regulation 3 and Schedule 1 to S.I. 2016/340 and regulation 24(2)(a) and (3)(c) of S.I. 2017/693.

23.  In regulation 18 (requirements for register of members), in the modification of section 164 of the Act, for paragraph (c) substitute— U.K.

“(c) in the case of a limited company that is a UK-registered company, the registered number;”.

Commencement Information

I68 Sch. 3 para. 23 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

24.  In regulation 31B (key terms)— U.K.

(a) in paragraph (3), in the modification of section 790C(7)(b) of the Act, for “regulated market which is situated in an EEA State” substitute “ UK regulated market or an EU regulated market ”;

(b) in paragraph (6), for the inserted section 790C(12E) of the Act substitute—

“(12E) “EU regulated market”, “Regulated market” and “UK regulated market” have the same meanings as in section 1173 of the Companies Act 2006.”.

Commencement Information

I69 Sch. 3 para. 24 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

25.  Omit regulation 46 (cross-border mergers). U.K.

Commencement Information

I70 Sch. 3 para. 25 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Companies (Companies Authorised to Register) Regulations 2009 U.K.

26.  The Companies (Companies Authorised to Register) Regulations 2009 M27 are amended in accordance with paragraph 27.

Commencement Information

I71 Sch. 3 para. 26 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M27 S.I. 2009/2437.

27.  In regulation 18(2) omit sub-paragraph (a). U.K.

Commencement Information

I72 Sch. 3 para. 27 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Agency Workers Regulations 2010 U.K.

28.  The Agency Workers Regulations 2010 M28 are amended in accordance with paragraphs 29 and 30.

Commencement Information

I73 Sch. 3 para. 28 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M28 S.I. 2010/93.

29.  In Schedule 1 (provisions extending to England and Wales, Scotland and Northern Ireland), omit paragraph 4. U.K.

Commencement Information

I74 Sch. 3 para. 29 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

30.  In Part 2 of Schedule 2 (consequential amendments), omit paragraphs 39 to 46. U.K.

Commencement Information

I75 Sch. 3 para. 30 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Investment Bank Special Administration Regulations 2011 U.K.

31.  The Investment Bank Special Administration Regulations 2011 M29 are amended in accordance with paragraph 32.

Commencement Information

I76 Sch. 3 para. 31 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M29 S.I. 2011/245.

32.  In Part 1 of Schedule 6 omit “Companies (Cross-Border Mergers) Regulations 2007” from the list of secondary legislation at the end of paragraph 1. U.K.

Commencement Information

I77 Sch. 3 para. 32 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Employment Tribunals and the Employment Appeal Tribunal Fees Order 2013 U.K.

33.  The Employment Tribunals and the Employment Appeal Tribunal Fees Order 2013 M30 is amended in accordance with paragraph 34.

Commencement Information

I78 Sch. 3 para. 33 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M30 S.I. 2013/1893.

34.  In Schedule 2 (employment tribunals – issue and hearing fee)— U.K.

(a) omit the second row in Table 1; and

(b) omit row 57 in Table 2.

Commencement Information

I79 Sch. 3 para. 34 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

The Bank Recovery and Resolution (No 2) Order 2014 U.K.

35.  The Bank Recovery and Resolution (No 2) Order 2014 M31 is amended in accordance with paragraph 36.

Commencement Information

I80 Sch. 3 para. 35 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M31 S.I. 2014/3348.

36.  Omit article 218 (modified application of legislation on cross-border mergers). U.K.

Commencement Information

I81 Sch. 3 para. 36 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Regulation 9

SCHEDULE 4 U.K. Transitional provisions

Part 1 U.K. Transitional provisions relating to Schedule 1

Section 141 - subsidiary acting as authorised dealer in securities U.K.

1.  Where the amendment made by paragraph 2 of Schedule 1 would (apart from this paragraph) mean that a subsidiary which immediately before [F1 IP completion day] is a member of its holding company can no longer be such a member–—

(a) for the period of one year beginning on [F2 IP completion day]—

(i) the amendment made by paragraph 2 of Schedule 1 to these Regulations does not apply to the subsidiary; and

(ii) section 141(2)(b) of the Act is to be read, in relation to the subsidiary, as—

“(b) is a member of or has access to an EU regulated market or UK regulated market”; and

(b) from the end of that period—

(i) the subsidiary may continue to be a member of the company; and

(ii) sections 137(3) and (4) of the Act apply to it with the following modifications—

(aa) for “this section”, read “paragraph 1(b)(i) of Schedule 4 to the Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations 2019”; and

(bb) in subsection (4), for “mentioned in subsection (1) above” read “held at the end of the period of one year beginning on [F3 IP completion day]”.

Textual Amendments

F1 Words in Sch. 4 para. 1 substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(a)(i)

F2 Words in Sch. 4 para. 1(a) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(a)(ii)

F3 Words in Sch. 4 para. 1(b) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(a)(iii)

Commencement Information

I82 Sch. 4 para. 1 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Section 164 and 278 - particulars of corporate directors and secretaries U.K.

2.—(1) Where the amendments made by paragraphs 4 and 5 of Schedule 1 would (apart from this paragraph) require a company's register of directors or register of secretaries to contain additional particulars in respect of an existing corporate director or secretary, the company need not comply with that requirement until three months after [F4 IP completion day].

(2) Where the amendments made by paragraph 23 of Schedule 3 would (apart from this paragraph) require a limited liability partnership's register of members to contain additional particulars in respect of an existing corporate member or firm, the limited liability partnership need not comply with that requirement until three months after [F5 IP completion day].

(3) Where the amendment made by paragraph 4 of Schedule 1 would (apart from this paragraph) require notice to be given under regulation 5(3D) of the European Economic Interest Grouping Regulations 1989 M32 (notification of changes to the particulars of a manager of a grouping), that requirement need not be complied with until three months after [F6 IP completion day].

(4) In this paragraph—

“existing corporate director or secretary” means a body corporate, or a firm that is a legal person under the law by which it is governed, whose particulars were contained in the company's register of directors or register of secretaries immediately before [F7 IP completion day];

“existing corporate member or firm” means a body corporate, or a firm that is a legal person under the law by which it is governed, whose particulars were contained in the limited liability partnership's register of members immediately before [F7 IP completion day].

Textual Amendments

F4 Words in Sch. 4 para. 2(1) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(b)(i)

F5 Words in Sch. 4 para. 2(2) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(b)(ii)

F6 Words in Sch. 4 para. 2(3) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(b)(iii)

F7 Words in Sch. 4 para. 2(4) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(b)(iv)

Commencement Information

I83 Sch. 4 para. 2 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Marginal Citations

M32 S.I. 1989/638; relevant amendment was made by regulation 5(6) of S.I. 2014/2382.

Section 832 - distributions U.K.

3.—(1) This paragraph applies to a company that is an investment company within the meaning of section 833 of the Act immediately before [F8 IP completion day].

(2) For the period of one year beginning on [F9 IP completion day]—

(a) the amendment made by paragraph 12 of Schedule 1 does not apply to the company;

(b) section 832 of the Act applies to the company as if subsection (5)(a) was substituted by—

“(a) the company's shares must be shares admitted to trading on a UK regulated market or an EU regulated market”.

Textual Amendments

F8 Words in Sch. 4 para. 3(1) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(c)(i)

F9 Words in Sch. 4 para. 3(2) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(c)(ii)

Commencement Information

I84 Sch. 4 para. 3 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Part 2 U.K. Transitional provisions relating to Schedule 2

Overseas Companies Regulations 2009 U.K.

4.—(1) This paragraph applies to an overseas company that has a UK establishment immediately before [F10 IP completion day].

(2) If there are additional registrable particulars in respect of that establishment, the company must, within the period of three months beginning on [F11 IP completion day], deliver to the registrar a return containing those particulars.

(3) The requirement in sub-paragraph (2) is to be treated, for the purposes of Part 2 of the Overseas Companies Regulations 2009, as a requirement of that Part.

(4) The amendments made by paragraph 6 of Schedule 2 do not apply to the company until three months after [F12 IP completion day].

(5) In this paragraph—

“Additional registrable particulars” means such particulars as the company would be required to provide in a return under regulation 6 of the Overseas Companies Regulations 2009 were the company opening the establishment on the date of the return, to the extent that the company was not required already to deliver a return to the registrar containing those particulars before [F13 IP completion day];

“UK establishment” has the same meaning as it has in the Overseas Companies Regulations 2009.

Textual Amendments

F10 Words in Sch. 4 para. 4(1) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(d)(i)

F11 Words in Sch. 4 para. 4(2) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(d)(ii)

F12 Words in Sch. 4 para. 4(4) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(d)(iii)

F13 Words in Sch. 4 para. 4(5) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(d)(iv)

Commencement Information

I85 Sch. 4 para. 4 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Permitted disclosure to credit reference agencies, credit institutions and financial institutions U.K.

5.—(1) This paragraph applies to a credit reference agency, credit institution or financial institution that had, before [F14 IP completion day], delivered to the registrar a statement that it met the conditions for permitted disclosure in accordance with a permitted disclosure provision.

(2) For the period of one year beginning on [F15 IP completion day]—

(a) the amendments made by these Regulations to the permitted disclosure provisions do not affect the disclosure by the registrar of protected information to the credit reference agency, credit institution or financial institution;

(b) the permitted disclosure provisions have effect, in relation to a credit reference agency, credit institution or financial institution, as they did immediately before [F15 IP completion day] and for the purposes of this sub-paragraph the United Kingdom must be treated as if it were an EEA State and within the European Economic Area.

(3) In this paragraph—

• “the permitted disclosure provisions” are—

  (a)

  Schedule 2 to the Overseas Companies Regulations 2009;

  (b)

  Schedule 2 to the Companies (Disclosure of Address) Regulations 2009;

  (c)

  Schedule 2 to the Companies (Disclosure of Date of Birth Information) Regulations 2015;

  (d)

  Schedule 4 to the Register of People with Significant Control Regulations 2016; and

  (e)

  Schedule 5 to the Scottish Partnerships (Register of People with Significant Control) Regulations 2017;

• “credit institution”, “credit reference agency” and “financial institution” have the same meanings as they have in the permitted disclosure provisions.

Textual Amendments

F14 Words in Sch. 4 para. 5(1) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(e)(i)

F15 Words in Sch. 4 para. 5(2) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 20(e)(ii)

Commencement Information

I86 Sch. 4 para. 5 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2

Interpretation U.K.

6.  Except where the contrary intention appears, expressions used in this Schedule have the same meanings as they have in the Act.

Commencement Information

I87 Sch. 4 para. 6 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 2