Corporate Insolvency and Governance Act 2020 (c. 12)

Meetings and filings U.K.

37 Meetings of companies and other bodies U.K.

Schedule 14 makes provision about meetings of companies and other bodies.

38 Temporary extension of period for public company to file accounts U.K.

(1) This section applies where (but for this section) the period allowed for the directors of a public company to comply with their obligation under section 441 of the Companies Act 2006 to deliver accounts and reports for a financial year to the registrar would end—

(a) after 25 March 2020, and

(b) before the relevant day.

(2) The period allowed for the directors to comply with that obligation is to be taken to be (and always to have been) a period that ends with the relevant day.

(3) The relevant day is whichever is the earlier of—

(a) 30 September 2020, and

(b) the last day of the period of 12 months immediately following the end of the relevant accounting reference period.

(4) Expressions used in this section and section 442 of the Companies Act 2006 (period allowed for filing accounts) have the same meaning in this section as in that section.

39 Temporary power to extend periods for providing information to registrar U.K.

(1) The Secretary of State may by regulations provide that any provision listed in section 40 is to have effect as if for a reference in the provision to a period of days or months (“the existing period”) there were substituted a reference to such longer period ( “ the substituted period ”) as is specified in the regulations.

(2) The substituted period must not exceed—

(a) 42 days, in a case where the existing period is 21 days or fewer, and

(b) 12 months, in a case where the existing period is 3, 6 or 9 months.

(3) The power conferred by this section may not be exercised in relation to a reference to a period of 12 months.

(4) Regulations under this section may make—

(a) different provision for different purposes;

(b) consequential, incidental or supplementary provision (including provision modifying an enactment);

(c) transitional provision or savings.

(5) In subsection (4) “enactment” includes an Act of the Scottish Parliament and an instrument made under such an Act.

(6) Regulations under this section are to be made by statutory instrument.

(7) A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of either House of Parliament.

(8) This section expires at the end of the day on 5 April 2021.

(9) The expiry of this section does not affect the continued operation of any regulations made under this section for the purpose of determining the length of any period that begins before the expiry.

40 Section 39: the listed provisions U.K.

The provisions referred to in section 39(1) are—

(a) section 9 of the Limited Partnerships Act 1907 (registration of changes to a limited partnership);

(b) section 466 of the Companies Act 1985 (registration of alteration to a floating charge);

(c) section 9 of the Limited Liability Partnerships Act 2000 (notice of membership changes);

(d) regulation 80C of the European Public Limited-Liability Company Regulations 2004 (S.I. 2004/2326) (notice of change in members of the supervisory organ);

(e) the following sections of the Companies Act 2006—

• section 87 (notice of change of address of registered office);

• section 114 (notice of place where register of members is kept);

• section 162 (notice of place where register of directors is kept);

• section 167 (notice of change in directors etc);

• section 275 (notice of place where register of secretaries is kept);

• section 276 (notice of change in secretaries etc);

• section 442 (period allowed for filing accounts);

• section 790M (register of people with significant control);

• section 790N (notice of place where PSC register is kept);

• section 790VA (notice of change to the PSC register);

• section 853A(1) (confirmation statements);

• section 859A (registration of charge);

• section 859B (registration of charge contained in debentures);

• section 859Q (notice of place where copies of instruments creating charges are kept);

(f) the following provisions of the Scottish Partnerships (Register of People with Significant Control) Regulations 2017 (S.I. 2017/694)—

• regulation 7 (notice of change to the registration information);

• regulation 8 (notice of ceasing to be a Scottish qualifying partnership);

• the provisions of Part 5 (duties to deliver information);

• regulation 35 (confirmation statements).