Companies Act 2006
The Companies Act 2006 is the culmination of an 8-year review of company law, which aims to provide a simple, efficient and cost effective framework for British business.
The Act is the largest ever Act of Parliament, comprising 1300 sections and 16 schedules.
About a third of the Act comprises of policy and other changes to existing companies' legislation, the rest being merely a restatement of the current provisions in plain English.
Some provisions of the Act are already in force with the remainder being phased in on 06 April and 01 October 2008.
More detailed information on the provisions of the Act that came into force on 01 October 2007 can be seen here.
Email bulletins are also available on various aspects of the Companies Act 2006. To view previous bulletins, please visit our publications section or to receive future email bulletins, please contact Sue Lowry.
