Version Superseded: 17/06/2016
Point in time view as at 06/04/2015. This version of this provision has been superseded.
Companies Act 2006, Section 1254 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)If it appears to the Secretary of State—
(a)that any action proposed to be taken by a recognised supervisory body or a recognised qualifying body, [F1the Independent Supervisor] or a body designated by order under section 1252, would be incompatible with [F2Community] obligations or any other international obligations of the United Kingdom, or
(b)that any action which that body has power to take is required for the purpose of implementing any such obligations,
he may direct the body not to take or, as the case may be, to take the action in question.
(2)A direction may include such supplementary or incidental requirements as the Secretary of State thinks necessary or expedient.
(3)A direction under this section given to [F3the Independent Supervisor or] a body designated by order under section 1252 is enforceable on the application of the Secretary of State by injunction or, in Scotland, by an order under section 45 of the Court of Session Act 1988 (c. 36).
Textual Amendments
F1Words in s. 1254(1)(a) inserted (6.4.2008) by The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 16(2)
F2S. 1254(1)(a): by The Treaty of Lisbon (Changes in Terminology) Order 2011 (S.I. 2011/1043), art {6(1)} it is provided (22.4.2011 with application in accordance with art.3(3) of that S.I.) that for the word "Community" in the term "Community obligation" there shall be substituted "EU"
F3Words in s. 1254(3) inserted (6.4.2008) by The Statutory Auditors and Third Country Auditors Regulations 2007 (S.I. 2007/3494), reg. 16(3)
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