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Companies (1990 No. 2 Order) (Commencement No. 1) Order (Northern Ireland) 1991
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Transitional and saving provisions relating to Article 69 of the 1990 (No. 2) Order
6.—(1) Where in consequence of the coming into operation of Article 69(2) of the 1990 (No. 2) Order a person’s interest in the shares of a company becomes notifiable, and he is or becomes aware that he has such an interest,
(a)then he comes under an obligation to make notification to the company in respect of it, and
(b)the obligation must be performed within the period of 2 days next following the day on which he is or becomes so aware,
and the provisions of Part VII of the 1986 Order apply as if that obligation arose under Article 206 of that Order.
(2) Any day that is a Saturday or Sunday or a bank holiday (as defined in Article 2(3) of the 1986 Order) is to be disregarded in reckoning the period of 2 days referred to in paragraph (1)(b).
(3) The coming into operation of Article 69(3) of the 1990 (No. 2) Order does not affect the time for fulfilling any obligation which arose before 11th March 1991.
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