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The Companies Act 1989 (Commencement No. 4 and Transitional and Saving Provisions) Order 1990

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Provisions of the 1989 Act commenced by this Order

6.  In articles 6 to 9 of this Order, and Schedules 2 and 3 thereto, expressions have the same meaning as in the 1985 Act as amended by the 1989 Act and:

“the old Part VII” means the provisions of Part VII of the 1985 Act(1), together with any other provision of that Act necessary for their interpretation or operation, prior to any repeal, re-enactment or amendment of those provisions by Part I of the 1989 Act;

“the new Part VII” means the provisions of Part VII of the 1985 Act, together with any other provision of that Act necessary for the interpretation or operation of those provisions, subject to any repeal, re-enactment or amendment of those provisions by the provisions of Part I of the 1989 Act commenced by this Order and by the Companies Act 1989 (Commencement No.2) Order 1990(2); and

“relevant financial year” means a financial year commencing on a date prior to 23rd December 1989.

(1)

Part VII of the Companies Act 1985 has been amended by the Insolvency Act 1985, the Insolvency Act 1986, the Financial Services Act 1986 and the Banking Act 1987 (c. 22), as well as by the Companies (Modified Accounts) Amendment Regulations 1986 (S.I.1986/1865).

(2)

S.I.1990/142; this Order commenced sections 1 and 15 of Part I of the 1989 Act to the extent necessary to insert section 251 into Part VII of the 1985 Act in place of the existing section of that number.

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