SCHEDULE AMENDMENTS TO THE COMPANIES ACT 1985 AND THE INSOLVENCY ACT 1986

7 Registration of single member companies
In section 680 of the Companies Act 1985 (companies capable of being registered under Chapter II of Part XXII), after subsection (1) insert—

“(1A) A company shall not be prevented from registering under this Act as a private company limited by shares or by guarantee solely because it has only one member.”

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