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Companies Act 2006

Companies Act 2006

2006 CHAPTER 46

Commentary

Part 15: Accounts and Reports

Chapter 12: Supplementary Provisions
Section 470: Power to apply provisions to banking partnerships

714.This section re-enacts section 255D of the 1985 Act. It gives the Secretary of State the power to apply the accounting and reporting provisions of this Act that apply to banking companies to banking partnerships. As under the current law, the regulations are subject to the affirmative resolution procedure.

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