The National Health Service (Personal Dental Services Agreements) Regulations 2005

[F1Notice provisions specific to an agreement with a company limited by sharesE+W

This section has no associated Explanatory Memorandum

42A.(1) Where a company limited by shares is a party to the agreement, it shall give notice in writing to the Board forthwith when—

(a)it passes a resolution or a court of competent jurisdiction makes an order that the contractor be wound up;

(b)circumstances arise which might entitle a creditor or a court to appoint a receiver, administrator or administrative receiver for the contractor;

(c)circumstances arise which would enable the court to make a winding up order in respect of the contractor;

(d)the contractor is unable to pay its debts within the meaning of section 123 of the Insolvency Act 1986 (definition of inability to pay debts); or

(e)changes take place in relation to the ownership of shares in the company.

(2) A notice under sub-paragraph (e) must—

(a)provide the name of any person ceasing to own a share in the company;

(b)provide the name of any new person acquiring a share in the company; and

(c)confirm that following any changes in share ownership, that the company continues to meet the conditions in section 108(1A) of the 2006 Act.]