214Companies: change of articlesE+W
(1)This section applies to a registered company.
(2)An amendment of the company's articles of association requires consent if it—
(a)alters the company's objects,
(b)makes provision about the distribution of assets to members, or
(c)enables the company to become, or cease to be, a subsidiary or associate of another body.
(3)An amendment of the articles of association which requires consent is effective only if the regulator has first consented.
(4)The regulator may not consent to an amendment which it thinks would turn the company into a profit-making organisation.
(5)The company must notify the regulator—
(a)of an amendment of the articles of association which does not require consent, or
(b)of a change to its name or registered office.
(6)In relation to an amendment which requires consent the requirement in section 30 of the Companies Act 2006 (c. 46) (sending copy of resolution to registrar) is satisfied only if the copy is accompanied by a copy of the regulator's consent.
(7)The Secretary of State may by order amend the list in subsection (2).
Commencement Information
I1S. 214(1) s. 214(3)-(6) in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)
I2S. 214(2)(7) in force at 8.9.2008 by S.I. 2008/2358, art. 3(1)