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Part 2E+WLeasehold reform

Chapter 1E+WRight to manage

Modifications etc. (not altering text)

C1Pt. 2 Ch. 1: power to amend conferred (20.1.2007 for specified purposes, otherwise 1.10.2009) by Companies Act 2006 (c. 46), ss. 1181(1)(b), 1300(2); S.I. 2006/3428, art. 3(3) (with arts. 5, 6, 8, Schs. 1, 5); S.I. 2008/2860, art. 3(v) (with arts. 5, 7, 8, Sch. 2)

Qualifying rulesE+W

74 RTM companies: membership and regulationsE+W

(1)The persons who are entitled to be members of a company which is a RTM company in relation to premises areβ€”

(a)qualifying tenants of flats contained in the premises, and

(b)from the date on which it acquires the right to manage (referred to in this Chapter as the β€œacquisition date”), landlords under leases of the whole or any part of the premises.

(2)The appropriate national authority shall make regulations about the content and form of the [F1articles of association] of RTM companies.

(3)A RTM company may adopt provisions of the regulations for its [F2articles].

(4)The regulations may include provision which is to have effect for a RTM company whether or not it is adopted by the company.

(5)A provision of the [F2articles] of a RTM company has no effect to the extent that it is inconsistent with the regulations.

(6)The regulations have effect in relation to [F3articles]β€”

(a)irrespective of the date of the [F4articles], but

(b)subject to any transitional provisions of the regulations.

[F5(7)Section 20 of the Companies Act 2006 (default application of model articles) does not apply to a RTM company.]

Textual Amendments

Commencement Information

I1S. 74 wholly in force at 30.3.2004; s. 74 not in force at Royal Assent see s. 181(1); s. 74 in force for specified purposes at 26.7.2002 for E. by S.I. 2002/1912, art. 2(c); s. 74 in force for specified purposes at 1.1.2003 for W. by S.I. 2002/3012, art. 2(c); s. 74 in force so far as not already in force at 30.9.2003 for E. by S.I. 2003/1986, art. 2(b); s. 74 in force so far as not already in force at 30.3.2004 for W. by S.I. 2004/669, art. 2(b)