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Companies Act 1985

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This is the original version (as it was originally enacted).

CHAPTER ICompanies Formed or Registered under Former Companies Acts

675Companies formed and registered under former Companies Acts

(1)In its application to existing companies, this Act applies in the same manner—

(a)in the case of a limited company (other than a company limited by guarantee), as if the company had been formed and registered under Part I of this Act as a company limited by shares,

(b)in the case of a company limited by guarantee, as if the company had been formed and registered under that Part as a company limited by guarantee, and

(c)in the case of a company other than a limited company, as if the company had been formed and registered under that Part as an unlimited company.

(2)But reference, express or implied, to the date of registration is to be read as the date at which the company was registered under the Joint Stock Companies Acts, the [25 & 26 Vict. c. 89.] Companies Act 1862, the [8 Edw. 7 c. 69.] Companies (Consolidation) Act 1908, the [1929 c. 23.] Companies Act 1929, or the [1948 c. 38.] Companies Art 1948.

676Companies registered but not formed under former Companies Acts

(1)This Act applies to every company registered but not formed under the Joint Stock Companies Acts, the Companies Act 1862, the Companies (Consolidation) Act 1908, the Companies Act 1929, or the Companies Act 1948, in the same manner as it is in Chapter II of this Part declared to apply to companies registered but not formed under this Act.

(2)But reference, express or implied, to the date of registration is to be read as referring to the date at which the company was registered under the Joint Stock Companies Acts, the Companies Act 1862, the Companies (Consolidation) Act 1908, the Companies Act 1929, or the Companies Act 1948.

677Companies re-registered with altered status under former Companies Acts

(1)This Act applies to every unlimited company registered or re-registered as limited in pursuance of the [42 & 43 Vict. c. 76.] Companies Act 1879, section 57 of the [8 Edw. 7 c. 69.] Companies (Consolidation) Act 1908, section 16 of the [1929 c. 23.] Companies Act 1929, section 16 of the [1948 c. 38.] Companies Act 1948 or section 44 of the [1967 c. 81.] Companies Act 1967 as it (this Act) applies to an unlimited company re-registered as limited in pursuance of Part II of this Act.

(2)But reference, express or implied, to the date of registration or re-registration is to be read as referring to the date at which the company was registered or re-registered as a limited company under the relevant enactment.

678Companies registered under Joint Stock Companies Acts

(1)A company registered under the Joint Stock Companies Acts may cause its shares to be transferred in manner hitherto in use, or in such other manner as the company may direct

(2)The power of altering articles under section 9 of this Act extends, in the case of an unlimited company formed and registered under the Joint Stock Companies Acts, to altering any regulations relating to the amount of capital or to its distribution into shares, notwithstanding that those regulations are contained in the memorandum.

679Northern Ireland and Irish companies

Nothing in sections 675 to 678 applies to companies registered in Northern Ireland or the Republic of Ireland.

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