Overview of the Structure of the Act
6.The general arrangement of the Act is as follows:
PART | SUMMARY |
---|---|
Parts 1 to 7 | The fundamentals of what a company is, how it can be formed and what it can be called. |
Parts 8 to 12 | The members (shareholders) and officers (management) of a company |
Parts 13 and 14 | How companies may take decisions |
Parts 15 and 16 | The safeguards for ensuring that the officers of a company are accountable to its members |
Parts 17 to 25 | Raising share capital, capital maintenance, annual returns, and company charges |
Parts 26 to 28 | Company reconstructions, mergers and takeovers |
Parts 29 to 39 | The regulatory framework, application to companies not formed under the Companies Acts and other company law provisions |
Parts 40 to 42 | Overseas disqualification of directors, business names and statutory auditors |
Part 43 | Transparency obligations |
Parts 44 to 47 | Miscellaneous and general |