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SCHEDULE 1PROVISIONS RELATING TO OLD PUBLIC COMPANIES

Application of Companies Acts to old public companies

2.—(1) References in the Companies Acts to—

(a)a public company, or

(b)a company other than a private company,

are to be read (unless the context otherwise requires) as including an old public company.

(2) References in the Companies Acts to a private company are to be read accordingly.

(3) Sub-paragraphs (1) and (2)—

(a)do not apply in relation to—

(i)Part 7 of the Companies Act 2006 (re-registration as a means of altering a company’s status), and

(ii)sections 662 to 669 of that Act (treatment of shares held by or for public company) (see paragraph 7(1) and (2) below), and

(b)do not restrict the power to make provision by regulations under section 65 of that Act (inappropriate use of indications of company type or legal form).