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Companies Act 2006
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1254Directions to comply with international obligationsU.K.
This section has no associated Explanatory Notes
(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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