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Companies Act 1989

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Changes over time for: Paragraph 21

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Version Superseded: 06/04/2008

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Point in time view as at 05/12/2005. This version of this provision has been superseded. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Companies Act 1989, Paragraph 21. Help about Changes to Legislation

Supplementary: arrangements to operate independently of bodyE+W+S

21(1)This paragraph applies for the purposes of—

  • paragraph 17(b),

  • paragraph 18(b),

  • paragraph 19(1)(b), or

  • paragraph 20(1)(e).

(2)Arrangements cannot be regarded as appropriate for the purpose of ensuring that the thing or things mentioned in that provision is or are done independently of the body unless they are designed to ensure that the body—

(a)will have no involvement in the appointment or selection of any of the persons who are to be responsible for doing the thing or things in question, and

(b)will not otherwise be involved in the doing of that thing or those things.

(3)Sub-paragraph (2) imposes a minimum requirement and does not preclude the possibility that additional criteria may need to be satisfied in order for the arrangements to be regarded as appropriate for the purpose in question.

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