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The Companies (Particulars of Company Charges) Regulations 2008
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- 2008 No. 2996
- Explanatory Note
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EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations deal with the information to be provided to the Registrar of Companies on the registration of a company charge under Part 25 of the Companies Act 2006 (c.46) (“the Act”).
Regulation 2 sets out the information that is to be provided when a company registered in England and Wales or Northern Ireland creates a charge of a kind specified in section 860(7) of the Act. Regulation 3 makes the same provision but for companies registered in Scotland which create a charge of the kind specified in section 878(7) of the Act.
Regulation 4 sets out the information that is to be provided when a company registered in England and Wales, Northern Ireland or Scotland acquires property which is already subject to a charge which, if it had been created by the company after the acquisition of the property, would have been required to be registered under Part 25 of the Act.
An Impact Assessment has not been produced for these Regulations as they have no impact on the costs of business, charities or voluntary bodies because they replicate the information required to be provided under the Companies Act 1985.
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