Point in time view as at 06/04/2018.
Companies Act 2006, Section 368 is up to date with all changes known to be in force on or before 02 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)A resolution conferring authorisation for the purposes of this Part has effect for a period of four years beginning with the date on which it is passed unless the directors determine, or the articles require, that it is to have effect for a shorter period beginning with that date.
(2)The power of the directors to make a determination under this section is subject to any provision of the articles that operates to prevent them from doing so.
Modifications etc. (not altering text)
C1Ss. 362-379 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 9 (with transitional provisions and savings in regs. 7, 9, Sch. 2)
Commencement Information
I1S. 368 wholly in force at 1.11.2007; s. 368 not in force at Royal Assent see s. 1300; s. 368 in force at 1.10.2007 (E.W.S.) and at 1.11.2007 (N.I.) by S.I. 2007/2194, arts. 2(2), 3(1), (with saving in art. 12 and with transitional provisions and savings in Sch. 3)
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