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Companies Act 2006
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Changes over time for: Section 833
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- 06/04/2008- Amendment
- 06/04/2012- Amendment
- 26/11/2020
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Companies Act 2006, Section 833 is up to date with all changes known to be in force on or before 26 December 2024. 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.
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833Meaning of “investment company”U.K.
This section has no associated Explanatory Notes
(1)In this Part an “investment company” means a public company that—
(a)has given notice (which has not been revoked) to the registrar of its intention to carry on business as an investment company, and
(b)since the date of that notice has complied with the following [F1requirement].
(2)[F2The requirement is]—
(a)that the business of the company consists of investing its funds [F3in shares, land or other assets], with the aim of spreading investment risk and giving members of the company the benefit of the results of the management of its funds;
(b)F4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c)F4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(d)F4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)Notice to the registrar under this section may be revoked at any time by the company on giving notice to the registrar that it no longer wishes to be an investment company within the meaning of this section.
(5)On giving such a notice, the company ceases to be such a company.
Textual Amendments
F1Word in s. 833(1)(b) substituted (6.4.2012) by The Companies Act 2006 (Amendment of Part 23) (Investment Companies) Regulations 2012 (S.I. 2012/952), regs. 1, 2(4)
F2Words in s. 833(2) substituted (6.4.2012) by The Companies Act 2006 (Amendment of Part 23) (Investment Companies) Regulations 2012 (S.I. 2012/952), regs. 1, 2(5)(a)
F3Words in s. 833(2)(a) substituted (6.4.2012) by The Companies Act 2006 (Amendment of Part 23) (Investment Companies) Regulations 2012 (S.I. 2012/952), regs. 1, 2(5)(b)
F4S. 833(2)(b)(c)(d) omitted (6.4.2012) by virtue of The Companies Act 2006 (Amendment of Part 23) (Investment Companies) Regulations 2012 (S.I. 2012/952), regs. 1, 2(5)(c) (with reg. 3)
F5S. 833(3) omitted (6.4.2012) by virtue of The Companies Act 2006 (Amendment of Part 23) (Investment Companies) Regulations 2012 (S.I. 2012/952), regs. 1, 2(6)
Commencement Information
I1S. 833 wholly in force at 6.4.2008; s. 833 not in force at Royal Assent see s. 1300; s. 833 in force at 6.4.2008 by S.I. 2007/3495, art. 3(1)(k) (with savings in arts. 7, 12 and subject to transitional adaptations in Sch. 1 paras. 14-20 and with savings in Sch. 4 paras. 33-35)
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