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Companies Act 1985
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- UK Public General Acts
- 1985 c. 6
- Part XII
- Chapter I
- Section 405
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Changes over time for: Section 405
Version Superseded: 01/10/2009
Alternative versions:
- 01/02/1991- Amendment
- 01/12/2003
Point in time - Stop date 01/10/2009- Amendment
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Point in time view as at 01/12/2003. This version of this provision has been superseded.
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X1405 Registration of enforcement of security.E+W+S
(1)If a person obtains an order for the appointment of a receiver or manager of a company’s property, or appoints such a receiver or manager under powers contained in an instrument, he shall within 7 days of the order or of the appointment under those powers, give notice of the fact to the registrar of companies; and the registrar shall enter the fact in the register of charges.
(2)Where a person appointed receiver or manager of a company’s property under powers contained in an instrument ceases to act as such receiver or manager, he shall, on so ceasing, give the registrar notice to that effect, and the registrar shall enter the fact in the register of charges.
(3)A notice under this section shall be in the prescribed form.
(4)If a person makes default in complying with the requirements of this section, he is liable to a fine and, for continued contravention, to a daily default fine.
Editorial Information
X1Ss. 395-424 are prospectively replaced by Companies Act 1989 (c. 40), Pt. IV (ss. 92-107) but, having regard to the lapse of time since those amending provisions were enacted without having been bought into force, they are not reproduced here
Modifications etc. (not altering text)
C1S. 405 applied (with modifications) (6.4.2001) by S.I. 2001/1090, reg. 4, Sch. 2 Pt. I
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