SeeS.I. 1996/266

1972 c. 68. By virtue of the amendment of section 1(2) of the European Communities Act 1972 by section 1 of the European Economic Area Act 1993 (c. 51), regulations may be made under section 2(2) of the European Communities Act for the purpose of implementing rights, powers, liabilities, obligations and restrictions of the United Kingdom created or arising by or under the agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) as adjusted by the Protocol signed at Brussels on 17th March 1993 (Cm 2183)

http://www.legislation.gov.uk/nisr/1997/251/contents/madeOpen-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997InvestmentFinancial advice servicesGovernment Printer for Northern Ireland2020-07-16FINANCIAL SERVICESThe Regulations make provision for the formation in Northern Ireland of a class of body corporate referred to in the Regulations as an investment company with variable capital. The Regulations also make provision for the authorisation of investment companies with variable capital and for their subsequent supervision.Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997RegulationsOpen-Ended Investment Companies Regulations (Northern Ireland) 2004reg. 84(1)reg. 1(1)(b)Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997Part IGeneral1Citation, commencement and extent2InterpretationPart IIFormation Supervision and ControlGeneral3Investment company with variable capital4Registration by registrar of companies5Safekeeping of scheme property by depositary6SIB regulationsAuthorisation7Applications for authorisation8Particulars of directors9Authorisation10Criteria for authorisation11Representations against refusal of authorisation12UCITS certificateRegistrar’s approval of names13Registrar’s approval of names14Prohibition on certain namesAlterations15SIB approval for certain changes in respect of companyIntervention16Revocation of authorisation17Representations against revocation18Directions19Notice of directions20Application to the courtInvestigations21Investigations: functions of the Department and SIB22Investigations: powers and duties of inspectors23Investigations: disclosure24Investigations: supplementaryWinding up25Winding up by the court26Dissolution on winding up by the court27Dissolution in other circumstancesPart IIICorporate Code28Directors29Directors to have regard to interests of employees30Inspection of directors' service contracts31General meetings32Capacity of company33Power of directors and general meeting to bind the company34No duty to enquire as to capacity etc.35Exclusion of deemed notice36Restraint and ratification by shareholders37Events affecting company status38Invalidity of certain transactions involving directorsShares39Shares40Share certificates41Exceptions from regulation 4042Bearer shares43Register of shareholders44Power to close register45Power of court to rectify register46Share transfersOperation47Power incidental to carrying on business48Name to appear in correspondence etc.49Particulars to appear in correspondence etc.50Contracts51Execution of documents52Execution of deeds overseas53Authentication of documents54Official seal for share certificates55Personal liability for contracts and deeds56Exemptions from liability to be void57Power of court to grant relief in certain cases58Punishment for fraudulent trading59Power to provide for employees on cessation or transfer of businessReports60Reports: preparation61Reports: accounts62Reports: voluntary revision63AuditorsMergers and divisions64Mergers and divisionsPart IVMiscellaneous65Notifications to registrar of companies66Contraventions67Prosecutions68Offences: bodies corporate, partnerships and unincorporated associations69Time limits for prosecution of offences70Jurisdiction and procedure in respect of offences71Service of documents72Evidence of grant of probate etc.73SIB’s functions under the Regulations74Fees75Minor and consequential amendmentsSCHEDULE 1Application of Part XXIV of 1986 Order1Part XXIV of the 1986 Order (the registrar of companies,...2Except in the expressions “the registrar of companies” and “the...3Any reference to the Companies Orders (including any reference to...4Any reference to the memorandum of a company shall be...5Any power to make regulations under Part XXIV of the...6Article 660 of the 1986 Order (public notice by registrar...7Article 663 of the 1986 Order (registrar’s index of company...8The following provisions of Part XXIV of the 1986 Order...SCHEDULE 2Depositaries1Appointment2Subject to regulations 15 and 20, any subsequent appointment of...3Retirement4Rights5Statement by depositary ceasing to hold office6(1) This paragraph applies where copies of a statement have...SCHEDULE 3Instrument of Incorporation1The instrument of incorporation of an investment company with variable...2The statements referred to in paragraph 1(a) are— 3(1) The instrument of incorporation shall contain provision as to...4(1) The instrument of incorporation shall also contain provision as...5(1) Once an authorisation order has been made in respect...6(1) The provisions of a company’s instrument of incorporation shall...SCHEDULE 4Register of Shareholders1General2(1) Subject as mentioned in sub-paragraph (2), the register of...3A notice of any trust, express, implied or constructive, shall...4A company shall exercise all due diligence and take all...5Contents6(1) This paragraph shall not apply to any issue of...7The register of shareholders shall contain a monthly statement of...8(1) This paragraph applies where the aggregate number of shares...9Location10Index11Inspection12Agent’s defaultSCHEDULE 5Share Transfers1General2Where any shares are transferred to the company, the company...3In the case of a company which is a participating...4Transfer of registered shares5(1) Except in the case of any transfer of shares...6In the case of any transfer of shares which meets...7(1) A company may, before the end of the period...8(1) Where, in respect of any transfer of shares, the...9Transfer of bearer shares10Where the holder of bearer shares proposes to transfer to...11Miscellaneous12A transfer of registered shares that are held by a...13On the death of any one of the joint holders...SCHEDULE 6Auditors1Eligibility2(1) A person is ineligible for appointment as auditor of...3(1) A person shall not act as auditor of a...4Appointment5If, in any case, no auditors are appointed as required...6(1) The directors of a company, or the company in...7(1) Sub-paragraphs (2) to (5) apply to the appointment as...8Rights9(1) The auditors of a company are entitled— 10Remuneration11(1) Subject to sub-paragraph (2), the power of the Department...12Removal13Rights on removal or non-reappointment14(1) An auditor who has been removed from office has,...15Resignation16(1) This paragraph applies where a notice of resignation of...17(1) An auditor who has resigned has, notwithstanding his removal,...18Statement by auditor ceasing to hold office19(1) If a person ceasing to hold office as auditor...SCHEDULE 7Mergers and Divisions1This Schedule applies to any reconstruction or amalgamation involving an...2An investment company with variable capital may apply to the...3A public company may apply to the court under Article...4(1) The schemes falling within this paragraph are— 5For the purposes of this Schedule, Articles 418 to 420...6(1) All the provisions of the 1986 Order referred to...SCHEDULE 8Minor and Consequential AmendmentsPart IPrimary Legislation1Stock Transfer Act (Northern Ireland) 1963 (c. 24 (N.I.))2Data Protection Act 1984 (c. 35)3Companies (Northern Ireland) Order 1986 (N.I. 6)4In Article 207(2A) of the 1986 Order (interests to be...5In Article 217(1)(h) of the 1986 Order (interests to be...6In Article 228(1) of the 1986 Order (definitions for Part...7In Article 665(2) of the 1986 Order (exemptions from prohibition...8In Article 667(2) of the 1986 Order (exemptions from application...9Companies (Northern Ireland) Order 1989 (N.I. 18)10Financial Services Act 1986 (c. 60)11In section 87 of the 1986 Act (schemes authorised in...12In subsection (1A) of section 205A of the 1986 Act...13In section 206(1) of the 1986 Act (publication of information...14In section 207(1) of the 1986 Act (interpretation) at the...15In Schedule 8 to the 1986 Act (principles applicable to...16In paragraph 7 of Schedule 9 to the 1986 Act...17In section 34(6) of the Pension Schemes (Northern Ireland) Act...Part IISubordinate LegislationThe Data Protection (Regulation of Financial Services etc.) (Subject Access Exemption) Order 1987 (S.I. 1987/1905)18Schedule 1 to the Data Protection (Regulation of Financial Services...The Uncertificated Securities Regulations 1995 (S.I. 1995/3272)19In regulation 3 of the Uncertificated Securities Regulations 1995 (interpretation)...20At the end of regulation 19(9) after “Regulations 1996” there...

1997 No. 251

FINANCIAL SERVICES

Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997

Made22nd May 1997

Coming into operation7th July 1997

The Department of Economic Development being a department designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to measures relating to open-ended collective investment schemes which have as their purpose investment in transferable securities, with the aim of spreading investment risk, of funds raised from the public, in exercise of the powers conferred on it by that section and of every other power enabling it in that behalf, hereby makes the following Regulations:

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<note class="footnote" eId="f00001">
<p>
<em>See</em>
<ref href="http://www.legislation.gov.uk/id/uksi/1996/266">S.I. 1996/266</ref>
</p>
</note>
<note class="footnote" eId="f00002">
<p>
<ref href="http://www.legislation.gov.uk/id/ukpga/1972/68">1972 c. 68</ref>
. By virtue of the amendment of section 1(2) of the European Communities Act 1972 by section 1 of the European Economic Area Act
<ref href="http://www.legislation.gov.uk/id/ukpga/1993/51">1993 (c. 51)</ref>
, regulations may be made under section 2(2) of the European Communities Act for the purpose of implementing rights, powers, liabilities, obligations and restrictions of the United Kingdom created or arising by or under the agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) as adjusted by the Protocol signed at Brussels on 17th March 1993 (Cm 2183)
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<dc:title>Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997</dc:title>
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<dc:description>The Regulations make provision for the formation in Northern Ireland of a class of body corporate referred to in the Regulations as an investment company with variable capital. The Regulations also make provision for the authorisation of investment companies with variable capital and for their subsequent supervision.</dc:description>
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<tocItem level="0" class="title" href="">Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/I/made" level="1" class="part">
<inline name="tocNum">Part I</inline>
<inline name="tocHeading">General</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/1/made" level="2" class="item">
<inline name="tocNum">1</inline>
<inline name="tocHeading">Citation, commencement and extent</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/2/made" level="2" class="item">
<inline name="tocNum">2</inline>
<inline name="tocHeading">Interpretation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/II/made" level="1" class="part">
<inline name="tocNum">Part II</inline>
<inline name="tocHeading">Formation Supervision and Control</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/II/crossheading/general/made" level="2" class="heading">
<inline name="tocHeading">
<em>General</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/3/made" level="3" class="item">
<inline name="tocNum">3</inline>
<inline name="tocHeading">Investment company with variable capital</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/4/made" level="3" class="item">
<inline name="tocNum">4</inline>
<inline name="tocHeading">Registration by registrar of companies</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/5/made" level="3" class="item">
<inline name="tocNum">5</inline>
<inline name="tocHeading">Safekeeping of scheme property by depositary</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/6/made" level="3" class="item">
<inline name="tocNum">6</inline>
<inline name="tocHeading">SIB regulations</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/II/crossheading/authorisation/made" level="2" class="heading">
<inline name="tocHeading">
<em>Authorisation</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/7/made" level="3" class="item">
<inline name="tocNum">7</inline>
<inline name="tocHeading">Applications for authorisation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/8/made" level="3" class="item">
<inline name="tocNum">8</inline>
<inline name="tocHeading">Particulars of directors</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/9/made" level="3" class="item">
<inline name="tocNum">9</inline>
<inline name="tocHeading">Authorisation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/10/made" level="3" class="item">
<inline name="tocNum">10</inline>
<inline name="tocHeading">Criteria for authorisation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/11/made" level="3" class="item">
<inline name="tocNum">11</inline>
<inline name="tocHeading">Representations against refusal of authorisation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/12/made" level="3" class="item">
<inline name="tocNum">12</inline>
<inline name="tocHeading">UCITS certificate</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/II/crossheading/registrars-approval-of-names/made" level="2" class="heading">
<inline name="tocHeading">
<em>Registrar’s approval of names</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/13/made" level="3" class="item">
<inline name="tocNum">13</inline>
<inline name="tocHeading">Registrar’s approval of names</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/14/made" level="3" class="item">
<inline name="tocNum">14</inline>
<inline name="tocHeading">Prohibition on certain names</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/II/crossheading/alterations/made" level="2" class="heading">
<inline name="tocHeading">
<em>Alterations</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/15/made" level="3" class="item">
<inline name="tocNum">15</inline>
<inline name="tocHeading">SIB approval for certain changes in respect of company</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/II/crossheading/intervention/made" level="2" class="heading">
<inline name="tocHeading">
<em>Intervention</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/16/made" level="3" class="item">
<inline name="tocNum">16</inline>
<inline name="tocHeading">Revocation of authorisation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/17/made" level="3" class="item">
<inline name="tocNum">17</inline>
<inline name="tocHeading">Representations against revocation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/18/made" level="3" class="item">
<inline name="tocNum">18</inline>
<inline name="tocHeading">Directions</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/19/made" level="3" class="item">
<inline name="tocNum">19</inline>
<inline name="tocHeading">Notice of directions</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/20/made" level="3" class="item">
<inline name="tocNum">20</inline>
<inline name="tocHeading">Application to the court</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/II/crossheading/investigations/made" level="2" class="heading">
<inline name="tocHeading">
<em>Investigations</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/21/made" level="3" class="item">
<inline name="tocNum">21</inline>
<inline name="tocHeading">Investigations: functions of the Department and SIB</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/22/made" level="3" class="item">
<inline name="tocNum">22</inline>
<inline name="tocHeading">Investigations: powers and duties of inspectors</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/23/made" level="3" class="item">
<inline name="tocNum">23</inline>
<inline name="tocHeading">Investigations: disclosure</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/24/made" level="3" class="item">
<inline name="tocNum">24</inline>
<inline name="tocHeading">Investigations: supplementary</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/II/crossheading/winding-up/made" level="2" class="heading">
<inline name="tocHeading">
<em>Winding up</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/25/made" level="3" class="item">
<inline name="tocNum">25</inline>
<inline name="tocHeading">Winding up by the court</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/26/made" level="3" class="item">
<inline name="tocNum">26</inline>
<inline name="tocHeading">Dissolution on winding up by the court</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/27/made" level="3" class="item">
<inline name="tocNum">27</inline>
<inline name="tocHeading">Dissolution in other circumstances</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/III/made" level="1" class="part">
<inline name="tocNum">Part III</inline>
<inline name="tocHeading">Corporate Code</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/28/made" level="2" class="item">
<inline name="tocNum">28</inline>
<inline name="tocHeading">Directors</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/29/made" level="2" class="item">
<inline name="tocNum">29</inline>
<inline name="tocHeading">Directors to have regard to interests of employees</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/30/made" level="2" class="item">
<inline name="tocNum">30</inline>
<inline name="tocHeading">Inspection of directors' service contracts</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/31/made" level="2" class="item">
<inline name="tocNum">31</inline>
<inline name="tocHeading">General meetings</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/32/made" level="2" class="item">
<inline name="tocNum">32</inline>
<inline name="tocHeading">Capacity of company</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/33/made" level="2" class="item">
<inline name="tocNum">33</inline>
<inline name="tocHeading">Power of directors and general meeting to bind the company</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/34/made" level="2" class="item">
<inline name="tocNum">34</inline>
<inline name="tocHeading">No duty to enquire as to capacity etc.</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/35/made" level="2" class="item">
<inline name="tocNum">35</inline>
<inline name="tocHeading">Exclusion of deemed notice</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/36/made" level="2" class="item">
<inline name="tocNum">36</inline>
<inline name="tocHeading">Restraint and ratification by shareholders</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/37/made" level="2" class="item">
<inline name="tocNum">37</inline>
<inline name="tocHeading">Events affecting company status</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/38/made" level="2" class="item">
<inline name="tocNum">38</inline>
<inline name="tocHeading">Invalidity of certain transactions involving directors</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/crossheading/shares/made" level="1" class="heading">
<inline name="tocHeading">
<em>Shares</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/39/made" level="2" class="item">
<inline name="tocNum">39</inline>
<inline name="tocHeading">Shares</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/40/made" level="2" class="item">
<inline name="tocNum">40</inline>
<inline name="tocHeading">Share certificates</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/41/made" level="2" class="item">
<inline name="tocNum">41</inline>
<inline name="tocHeading">Exceptions from regulation 40</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/42/made" level="2" class="item">
<inline name="tocNum">42</inline>
<inline name="tocHeading">Bearer shares</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/43/made" level="2" class="item">
<inline name="tocNum">43</inline>
<inline name="tocHeading">Register of shareholders</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/44/made" level="2" class="item">
<inline name="tocNum">44</inline>
<inline name="tocHeading">Power to close register</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/45/made" level="2" class="item">
<inline name="tocNum">45</inline>
<inline name="tocHeading">Power of court to rectify register</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/46/made" level="2" class="item">
<inline name="tocNum">46</inline>
<inline name="tocHeading">Share transfers</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/crossheading/operation/made" level="1" class="heading">
<inline name="tocHeading">
<em>Operation</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/47/made" level="2" class="item">
<inline name="tocNum">47</inline>
<inline name="tocHeading">Power incidental to carrying on business</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/48/made" level="2" class="item">
<inline name="tocNum">48</inline>
<inline name="tocHeading">Name to appear in correspondence etc.</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/49/made" level="2" class="item">
<inline name="tocNum">49</inline>
<inline name="tocHeading">Particulars to appear in correspondence etc.</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/50/made" level="2" class="item">
<inline name="tocNum">50</inline>
<inline name="tocHeading">Contracts</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/51/made" level="2" class="item">
<inline name="tocNum">51</inline>
<inline name="tocHeading">Execution of documents</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/52/made" level="2" class="item">
<inline name="tocNum">52</inline>
<inline name="tocHeading">Execution of deeds overseas</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/53/made" level="2" class="item">
<inline name="tocNum">53</inline>
<inline name="tocHeading">Authentication of documents</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/54/made" level="2" class="item">
<inline name="tocNum">54</inline>
<inline name="tocHeading">Official seal for share certificates</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/55/made" level="2" class="item">
<inline name="tocNum">55</inline>
<inline name="tocHeading">Personal liability for contracts and deeds</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/56/made" level="2" class="item">
<inline name="tocNum">56</inline>
<inline name="tocHeading">Exemptions from liability to be void</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/57/made" level="2" class="item">
<inline name="tocNum">57</inline>
<inline name="tocHeading">Power of court to grant relief in certain cases</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/58/made" level="2" class="item">
<inline name="tocNum">58</inline>
<inline name="tocHeading">Punishment for fraudulent trading</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/59/made" level="2" class="item">
<inline name="tocNum">59</inline>
<inline name="tocHeading">Power to provide for employees on cessation or transfer of business</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/crossheading/reports/made" level="1" class="heading">
<inline name="tocHeading">
<em>Reports</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/60/made" level="2" class="item">
<inline name="tocNum">60</inline>
<inline name="tocHeading">Reports: preparation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/61/made" level="2" class="item">
<inline name="tocNum">61</inline>
<inline name="tocHeading">Reports: accounts</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/62/made" level="2" class="item">
<inline name="tocNum">62</inline>
<inline name="tocHeading">Reports: voluntary revision</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/63/made" level="2" class="item">
<inline name="tocNum">63</inline>
<inline name="tocHeading">Auditors</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/crossheading/mergers-and-divisions/made" level="1" class="heading">
<inline name="tocHeading">
<em>Mergers and divisions</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/64/made" level="2" class="item">
<inline name="tocNum">64</inline>
<inline name="tocHeading">Mergers and divisions</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/part/IV/made" level="1" class="part">
<inline name="tocNum">Part IV</inline>
<inline name="tocHeading">Miscellaneous</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/65/made" level="2" class="item">
<inline name="tocNum">65</inline>
<inline name="tocHeading">Notifications to registrar of companies</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/66/made" level="2" class="item">
<inline name="tocNum">66</inline>
<inline name="tocHeading">Contraventions</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/67/made" level="2" class="item">
<inline name="tocNum">67</inline>
<inline name="tocHeading">Prosecutions</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/68/made" level="2" class="item">
<inline name="tocNum">68</inline>
<inline name="tocHeading">Offences: bodies corporate, partnerships and unincorporated associations</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/69/made" level="2" class="item">
<inline name="tocNum">69</inline>
<inline name="tocHeading">Time limits for prosecution of offences</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/70/made" level="2" class="item">
<inline name="tocNum">70</inline>
<inline name="tocHeading">Jurisdiction and procedure in respect of offences</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/71/made" level="2" class="item">
<inline name="tocNum">71</inline>
<inline name="tocHeading">Service of documents</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/72/made" level="2" class="item">
<inline name="tocNum">72</inline>
<inline name="tocHeading">Evidence of grant of probate etc.</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/73/made" level="2" class="item">
<inline name="tocNum">73</inline>
<inline name="tocHeading">SIB’s functions under the Regulations</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/74/made" level="2" class="item">
<inline name="tocNum">74</inline>
<inline name="tocHeading">Fees</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/regulation/75/made" level="2" class="item">
<inline name="tocNum">75</inline>
<inline name="tocHeading">Minor and consequential amendments</inline>
</tocItem>
<tocItem href="" level="1" class="schedules"/>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/1/made" level="2" class="schedule">
<inline name="tocNum">SCHEDULE 1</inline>
<inline name="tocHeading">Application of Part XXIV of 1986 Order</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/1/paragraph/1/made" level="3" class="item">
<inline name="tocNum">1</inline>
<inline name="tocHeading">Part XXIV of the 1986 Order (the registrar of companies,...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/1/paragraph/2/made" level="3" class="item">
<inline name="tocNum">2</inline>
<inline name="tocHeading">Except in the expressions “the registrar of companies” and “the...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/1/paragraph/3/made" level="3" class="item">
<inline name="tocNum">3</inline>
<inline name="tocHeading">Any reference to the Companies Orders (including any reference to...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/1/paragraph/4/made" level="3" class="item">
<inline name="tocNum">4</inline>
<inline name="tocHeading">Any reference to the memorandum of a company shall be...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/1/paragraph/5/made" level="3" class="item">
<inline name="tocNum">5</inline>
<inline name="tocHeading">Any power to make regulations under Part XXIV of the...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/1/paragraph/6/made" level="3" class="item">
<inline name="tocNum">6</inline>
<inline name="tocHeading">Article 660 of the 1986 Order (public notice by registrar...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/1/paragraph/7/made" level="3" class="item">
<inline name="tocNum">7</inline>
<inline name="tocHeading">Article 663 of the 1986 Order (registrar’s index of company...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/1/paragraph/8/made" level="3" class="item">
<inline name="tocNum">8</inline>
<inline name="tocHeading">The following provisions of Part XXIV of the 1986 Order...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/2/made" level="2" class="schedule">
<inline name="tocNum">SCHEDULE 2</inline>
<inline name="tocHeading">Depositaries</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/2/paragraph/1/made" level="3" class="item">
<inline name="tocNum">1</inline>
<inline name="tocHeading">Appointment</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/2/paragraph/2/made" level="3" class="item">
<inline name="tocNum">2</inline>
<inline name="tocHeading">Subject to regulations 15 and 20, any subsequent appointment of...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/2/paragraph/3/made" level="3" class="item">
<inline name="tocNum">3</inline>
<inline name="tocHeading">Retirement</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/2/paragraph/4/made" level="3" class="item">
<inline name="tocNum">4</inline>
<inline name="tocHeading">Rights</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/2/paragraph/5/made" level="3" class="item">
<inline name="tocNum">5</inline>
<inline name="tocHeading">Statement by depositary ceasing to hold office</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/2/paragraph/6/made" level="3" class="item">
<inline name="tocNum">6</inline>
<inline name="tocHeading">(1) This paragraph applies where copies of a statement have...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/3/made" level="2" class="schedule">
<inline name="tocNum">SCHEDULE 3</inline>
<inline name="tocHeading">Instrument of Incorporation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/3/paragraph/1/made" level="3" class="item">
<inline name="tocNum">1</inline>
<inline name="tocHeading">The instrument of incorporation of an investment company with variable...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/3/paragraph/2/made" level="3" class="item">
<inline name="tocNum">2</inline>
<inline name="tocHeading">The statements referred to in paragraph 1(a) are— </inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/3/paragraph/3/made" level="3" class="item">
<inline name="tocNum">3</inline>
<inline name="tocHeading">(1) The instrument of incorporation shall contain provision as to...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/3/paragraph/4/made" level="3" class="item">
<inline name="tocNum">4</inline>
<inline name="tocHeading">(1) The instrument of incorporation shall also contain provision as...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/3/paragraph/5/made" level="3" class="item">
<inline name="tocNum">5</inline>
<inline name="tocHeading">(1) Once an authorisation order has been made in respect...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/3/paragraph/6/made" level="3" class="item">
<inline name="tocNum">6</inline>
<inline name="tocHeading">(1) The provisions of a company’s instrument of incorporation shall...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/made" level="2" class="schedule">
<inline name="tocNum">SCHEDULE 4</inline>
<inline name="tocHeading">Register of Shareholders</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/1/made" level="3" class="item">
<inline name="tocNum">1</inline>
<inline name="tocHeading">General</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/2/made" level="3" class="item">
<inline name="tocNum">2</inline>
<inline name="tocHeading">(1) Subject as mentioned in sub-paragraph (2), the register of...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/3/made" level="3" class="item">
<inline name="tocNum">3</inline>
<inline name="tocHeading">A notice of any trust, express, implied or constructive, shall...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/4/made" level="3" class="item">
<inline name="tocNum">4</inline>
<inline name="tocHeading">A company shall exercise all due diligence and take all...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/5/made" level="3" class="item">
<inline name="tocNum">5</inline>
<inline name="tocHeading">Contents</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/6/made" level="3" class="item">
<inline name="tocNum">6</inline>
<inline name="tocHeading">(1) This paragraph shall not apply to any issue of...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/7/made" level="3" class="item">
<inline name="tocNum">7</inline>
<inline name="tocHeading">The register of shareholders shall contain a monthly statement of...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/8/made" level="3" class="item">
<inline name="tocNum">8</inline>
<inline name="tocHeading">(1) This paragraph applies where the aggregate number of shares...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/9/made" level="3" class="item">
<inline name="tocNum">9</inline>
<inline name="tocHeading">Location</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/10/made" level="3" class="item">
<inline name="tocNum">10</inline>
<inline name="tocHeading">Index</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/11/made" level="3" class="item">
<inline name="tocNum">11</inline>
<inline name="tocHeading">Inspection</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/4/paragraph/12/made" level="3" class="item">
<inline name="tocNum">12</inline>
<inline name="tocHeading">Agent’s default</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/made" level="2" class="schedule">
<inline name="tocNum">SCHEDULE 5</inline>
<inline name="tocHeading">Share Transfers</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/1/made" level="3" class="item">
<inline name="tocNum">1</inline>
<inline name="tocHeading">General</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/2/made" level="3" class="item">
<inline name="tocNum">2</inline>
<inline name="tocHeading">Where any shares are transferred to the company, the company...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/3/made" level="3" class="item">
<inline name="tocNum">3</inline>
<inline name="tocHeading">In the case of a company which is a participating...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/4/made" level="3" class="item">
<inline name="tocNum">4</inline>
<inline name="tocHeading">Transfer of registered shares</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/5/made" level="3" class="item">
<inline name="tocNum">5</inline>
<inline name="tocHeading">(1) Except in the case of any transfer of shares...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/6/made" level="3" class="item">
<inline name="tocNum">6</inline>
<inline name="tocHeading">In the case of any transfer of shares which meets...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/7/made" level="3" class="item">
<inline name="tocNum">7</inline>
<inline name="tocHeading">(1) A company may, before the end of the period...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/8/made" level="3" class="item">
<inline name="tocNum">8</inline>
<inline name="tocHeading">(1) Where, in respect of any transfer of shares, the...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/9/made" level="3" class="item">
<inline name="tocNum">9</inline>
<inline name="tocHeading">Transfer of bearer shares</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/10/made" level="3" class="item">
<inline name="tocNum">10</inline>
<inline name="tocHeading">Where the holder of bearer shares proposes to transfer to...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/11/made" level="3" class="item">
<inline name="tocNum">11</inline>
<inline name="tocHeading">Miscellaneous</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/12/made" level="3" class="item">
<inline name="tocNum">12</inline>
<inline name="tocHeading">A transfer of registered shares that are held by a...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/5/paragraph/13/made" level="3" class="item">
<inline name="tocNum">13</inline>
<inline name="tocHeading">On the death of any one of the joint holders...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/made" level="2" class="schedule">
<inline name="tocNum">SCHEDULE 6</inline>
<inline name="tocHeading">Auditors</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/1/made" level="3" class="item">
<inline name="tocNum">1</inline>
<inline name="tocHeading">Eligibility</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/2/made" level="3" class="item">
<inline name="tocNum">2</inline>
<inline name="tocHeading">(1) A person is ineligible for appointment as auditor of...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/3/made" level="3" class="item">
<inline name="tocNum">3</inline>
<inline name="tocHeading">(1) A person shall not act as auditor of a...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/4/made" level="3" class="item">
<inline name="tocNum">4</inline>
<inline name="tocHeading">Appointment</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/5/made" level="3" class="item">
<inline name="tocNum">5</inline>
<inline name="tocHeading">If, in any case, no auditors are appointed as required...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/6/made" level="3" class="item">
<inline name="tocNum">6</inline>
<inline name="tocHeading">(1) The directors of a company, or the company in...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/7/made" level="3" class="item">
<inline name="tocNum">7</inline>
<inline name="tocHeading">(1) Sub-paragraphs (2) to (5) apply to the appointment as...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/8/made" level="3" class="item">
<inline name="tocNum">8</inline>
<inline name="tocHeading">Rights</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/9/made" level="3" class="item">
<inline name="tocNum">9</inline>
<inline name="tocHeading">(1) The auditors of a company are entitled— </inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/10/made" level="3" class="item">
<inline name="tocNum">10</inline>
<inline name="tocHeading">Remuneration</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/11/made" level="3" class="item">
<inline name="tocNum">11</inline>
<inline name="tocHeading">(1) Subject to sub-paragraph (2), the power of the Department...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/12/made" level="3" class="item">
<inline name="tocNum">12</inline>
<inline name="tocHeading">Removal</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/13/made" level="3" class="item">
<inline name="tocNum">13</inline>
<inline name="tocHeading">Rights on removal or non-reappointment</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/14/made" level="3" class="item">
<inline name="tocNum">14</inline>
<inline name="tocHeading">(1) An auditor who has been removed from office has,...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/15/made" level="3" class="item">
<inline name="tocNum">15</inline>
<inline name="tocHeading">Resignation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/16/made" level="3" class="item">
<inline name="tocNum">16</inline>
<inline name="tocHeading">(1) This paragraph applies where a notice of resignation of...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/17/made" level="3" class="item">
<inline name="tocNum">17</inline>
<inline name="tocHeading">(1) An auditor who has resigned has, notwithstanding his removal,...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/18/made" level="3" class="item">
<inline name="tocNum">18</inline>
<inline name="tocHeading">Statement by auditor ceasing to hold office</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/6/paragraph/19/made" level="3" class="item">
<inline name="tocNum">19</inline>
<inline name="tocHeading">(1) If a person ceasing to hold office as auditor...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/7/made" level="2" class="schedule">
<inline name="tocNum">SCHEDULE 7</inline>
<inline name="tocHeading">Mergers and Divisions</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/7/paragraph/1/made" level="3" class="item">
<inline name="tocNum">1</inline>
<inline name="tocHeading">This Schedule applies to any reconstruction or amalgamation involving an...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/7/paragraph/2/made" level="3" class="item">
<inline name="tocNum">2</inline>
<inline name="tocHeading">An investment company with variable capital may apply to the...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/7/paragraph/3/made" level="3" class="item">
<inline name="tocNum">3</inline>
<inline name="tocHeading">A public company may apply to the court under Article...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/7/paragraph/4/made" level="3" class="item">
<inline name="tocNum">4</inline>
<inline name="tocHeading">(1) The schemes falling within this paragraph are— </inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/7/paragraph/5/made" level="3" class="item">
<inline name="tocNum">5</inline>
<inline name="tocHeading">For the purposes of this Schedule, Articles 418 to 420...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/7/paragraph/6/made" level="3" class="item">
<inline name="tocNum">6</inline>
<inline name="tocHeading">(1) All the provisions of the 1986 Order referred to...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/made" level="2" class="schedule">
<inline name="tocNum">SCHEDULE 8</inline>
<inline name="tocHeading">Minor and Consequential Amendments</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/part/I/made" level="3" class="part">
<inline name="tocNum">Part I</inline>
<inline name="tocHeading">Primary Legislation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/1/made" level="4" class="item">
<inline name="tocNum">1</inline>
<inline name="tocHeading">Stock Transfer Act (Northern Ireland) 1963 (c. 24 (N.I.))</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/2/made" level="4" class="item">
<inline name="tocNum">2</inline>
<inline name="tocHeading">Data Protection Act 1984 (c. 35)</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/3/made" level="4" class="item">
<inline name="tocNum">3</inline>
<inline name="tocHeading">Companies (Northern Ireland) Order 1986 (N.I. 6)</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/4/made" level="4" class="item">
<inline name="tocNum">4</inline>
<inline name="tocHeading">In Article 207(2A) of the 1986 Order (interests to be...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/5/made" level="4" class="item">
<inline name="tocNum">5</inline>
<inline name="tocHeading">In Article 217(1)(h) of the 1986 Order (interests to be...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/6/made" level="4" class="item">
<inline name="tocNum">6</inline>
<inline name="tocHeading">In Article 228(1) of the 1986 Order (definitions for Part...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/7/made" level="4" class="item">
<inline name="tocNum">7</inline>
<inline name="tocHeading">In Article 665(2) of the 1986 Order (exemptions from prohibition...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/8/made" level="4" class="item">
<inline name="tocNum">8</inline>
<inline name="tocHeading">In Article 667(2) of the 1986 Order (exemptions from application...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/9/made" level="4" class="item">
<inline name="tocNum">9</inline>
<inline name="tocHeading">Companies (Northern Ireland) Order 1989 (N.I. 18)</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/10/made" level="4" class="item">
<inline name="tocNum">10</inline>
<inline name="tocHeading">Financial Services Act 1986 (c. 60)</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/11/made" level="4" class="item">
<inline name="tocNum">11</inline>
<inline name="tocHeading">In section 87 of the 1986 Act (schemes authorised in...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/12/made" level="4" class="item">
<inline name="tocNum">12</inline>
<inline name="tocHeading">In subsection (1A) of section 205A of the 1986 Act...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/13/made" level="4" class="item">
<inline name="tocNum">13</inline>
<inline name="tocHeading">In section 206(1) of the 1986 Act (publication of information...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/14/made" level="4" class="item">
<inline name="tocNum">14</inline>
<inline name="tocHeading">In section 207(1) of the 1986 Act (interpretation) at the...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/15/made" level="4" class="item">
<inline name="tocNum">15</inline>
<inline name="tocHeading">In Schedule 8 to the 1986 Act (principles applicable to...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/16/made" level="4" class="item">
<inline name="tocNum">16</inline>
<inline name="tocHeading">In paragraph 7 of Schedule 9 to the 1986 Act...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/17/made" level="4" class="item">
<inline name="tocNum">17</inline>
<inline name="tocHeading">In section 34(6) of the Pension Schemes (Northern Ireland) Act...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/part/II/made" level="3" class="part">
<inline name="tocNum">Part II</inline>
<inline name="tocHeading">Subordinate Legislation</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/part/II/crossheading/the-data-protection-regulation-of-financial-services-etc-subject-access-exemption-order-1987-si-19871905/made" level="4" class="heading">
<inline name="tocHeading">
<em>The Data Protection (Regulation of Financial Services etc.) (Subject Access Exemption) Order 1987 (S.I. 1987/1905)</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/18/made" level="5" class="item">
<inline name="tocNum">18</inline>
<inline name="tocHeading">Schedule 1 to the Data Protection (Regulation of Financial Services...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/part/II/crossheading/the-uncertificated-securities-regulations-1995-si-19953272/made" level="4" class="heading">
<inline name="tocHeading">
<em>The Uncertificated Securities Regulations 1995 (S.I. 1995/3272)</em>
</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/19/made" level="5" class="item">
<inline name="tocNum">19</inline>
<inline name="tocHeading">In regulation 3 of the Uncertificated Securities Regulations 1995 (interpretation)...</inline>
</tocItem>
<tocItem href="http://www.legislation.gov.uk/nisr/1997/251/schedule/8/paragraph/20/made" level="5" class="item">
<inline name="tocNum">20</inline>
<inline name="tocHeading">At the end of regulation 19(9) after “Regulations 1996” there...</inline>
</tocItem>
</toc>
</coverPage>
<preface>
<p class="number">
<docNumber>1997 No. 251</docNumber>
</p>
<block name="subject">
<concept class="title" refersTo="#d4e1034">FINANCIAL SERVICES</concept>
</block>
<p class="title">
<shortTitle>Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997</shortTitle>
</p>
<p class="MadeDate">
<span>Made</span>
<docDate date="1997-05-22">22nd May 1997</docDate>
</p>
<p class="ComingIntoForce">
<span>Coming into operation</span>
<docDate date="1997-07-07">7th July 1997</docDate>
</p>
</preface>
<preamble>
<formula name="EnactingText">
<p>
The Department of Economic Development being a department designated
<noteRef href="#f00001" class="footnote" marker="1"/>
for the purposes of section 2(2) of the European Communities Act 1972
<noteRef href="#f00002" class="footnote" marker="2"/>
in relation to measures relating to open-ended collective investment schemes which have as their purpose investment in transferable securities, with the aim of spreading investment risk, of funds raised from the public, in exercise of the powers conferred on it by that section and of every other power enabling it in that behalf, hereby makes the following Regulations:
</p>
</formula>
</preamble>
<body/>
</act>
</akomaNtoso>