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The Companies Act 1989 (Commencement No. 17) Order 1998
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- UK Statutory Instruments
- 1998 No. 1747 (C. 34)
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
The Order brings sections 185 and 186 of the Companies Act 1989 (c. 40) (“the 1989 Act”) into force on [date] insofar as they are not already in force. Section 185 enables the Treasury to make by regulation further provision as appears to them necessary for the purposes of Part VII of the 1989 Act which provides for the application of insolvency law to financial markets. Section 186 provides that different provisions can be made in such regulations for different cases. Both these sections were brought into force in part by the Companies Act 1989 (Commencement No. 9 and Transitional and Savings Provisions) Order 1991 (S.I. 1991/488).
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