The Companies Act 1989 (Commencement No. 12 and Transitional Provision) Order 1991

Provisions of the Act brought into force by the Order

2.—(1) Subject to the provisions of article 4 of this Order, the following provisions of the Act shall, insofar as they are not yet in force, come into force on 1st October 1991—

(a) Part II (eligibility for appointment as company auditor) except section 46 and Schedule 13 (delegation of functions of Secretary of State), section 47(2) to (6) (power for Secretary of State to make provisions as to discharge of certain functions under Schedule 14 (restrictive practices) when delegation order in force) and section 48(3) (exemption from liability for damages for body established by delegation order);

(b) section 211(1) (building societies: miscellaneous amendments); and

(c) section 212 and Schedule 24 insofar as is necessary to effect the repeal of, or of words in, the following provisions—

(i) section 389 of the Companies Act 1985(1);

(ii) section 460(1) of the Companies Act 1985;

(iii) section 196(3) of the Financial Services Act 1986(2); and

(iv) section 565(6)(b) of the Income and Corporation Taxes Act 1988(3).

(2) The following provisions of the Act shall come into force on 1st November 1991—

(a) section 134(4) (disclosure of interests in shares—particulars to be contained in notification);

(b) section 143 (rights of inspection and related matters); and

(c) section 212 and Schedule 24 insofar as is necessary to effect the repeal of, or of words in, the following provisions, that is to say, sections 169(5), 175(6)(b), 191(1), (3)(a) and (3)(b), 219(1), 288(3), 318(7), 356(1), (2) and (4) and 383(1), (2) and (3) of the Companies Act 1985 and paragraph 25 of Schedule 13 to that Act.

(1)

1985 c. 6.

(2)

1986 c. 60.

(3)

1988 c. 1.