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1. These Regulations may be cited as the Foreign Companies (Execution of Documents) Regulations (Northern Ireland) 2003 and shall come into operation on 24th February 2003.
2. Articles 46, 46A and 46B of the Companies (Northern Ireland) Order 1986(1) shall apply to companies incorporated outside Northern Ireland with the adaptations and modifications set out in regulations 3 to 5.
3. References in the said Articles 46, 46A and 46B to a company shall be construed as references to a company incorporated outside Northern Ireland.
4. Article 46 shall apply as if–
(a)after the words “common seal,” in sub-paragraph (a) there were inserted “or in any manner permitted by the laws of the territory in which the company is incorporated for the execution of documents by such a company,”, and
(b)for sub-paragraph (b) there were substituted–
“(b)on behalf of a company, by any person who, in accordance with the laws of the territory in which the company is incorporated, is acting under the authority (express or implied) of that company;”.
5. Article 46A shall apply as if–
(a)at the end of paragraph (2) there were inserted–
“, or if it is executed in any manner permitted by the laws of the territory in which the company is incorporated for the execution of documents by such a company.”,
(b)for paragraph (4) there were substituted–
“(4) A document which–
(a)is signed by a person or persons who, in accordance with the laws of the territory in which the company is incorporated, is or are acting under the authority (express or implied) of that company, and
(b)is expressed (in whatever form of words) to be executed by the company,
has the same effect in relation to that company as it would have in relation to a company incorporated in Northern Ireland if executed under the common seal of a company so incorporated.”, and
(c)in paragraph (6) for the words from “a director” to “directors of the company” there were substituted “a person or persons who, in accordance with the laws of the territory in which the company is incorporated, is or are acting under the authority (express or implied) of that company”.
Sealed with the Official Seal of the Department of Enterprise, Trade and Investment on 7th January 2003.
L.S.
M. Bohill
Senior Officer of the
Department of Enterprise, Trade and Investment
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