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The Companies (No. 2) (Northern Ireland) Order 1990

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  1. Introductory Text


    1. 1.Title and commencement

    2. 2.Interpretation


    1. Amendments of the Companies Order

      1. 3.Investigations by inspectors not leading to published report

      2. 4.Production of documents and evidence to inspectors

      3. 5.Duty of inspectors to report

      4. 6.Power to bring civil proceedings on the company's behalf

      5. 7.Expenses of investigating a company's affairs

      6. 8.Power of Department to present winding-up petition

      7. 9.Inspectors' reports as evidence

      8. 10.Investigation of company ownership

      9. 11.Department's power to require production of documents

      10. 12.Entry and search of premises

      11. 13.Provision for security of information obtained

      12. 14.Punishment for destroying, mutilating, &c. company documents

      13. 15.Punishment for furnishing false information

      14. 16.Disclosure of information by Department or inspector

      15. 17.Protection of banking information

      16. 18.Investigation of bodies incorporated outside Northern Ireland

      17. 19.Investigation of unregistered companies

      18. 20.Offences committed by bodies corporate or unincorporated bodies

      19. Arts. 21‐23 rep. by 1993 c.36

    2. Amendments of other statutory provisions

      1. Arts. 24‐26 rep. by SI 2001/3649

      2. Art. 26 rep. by 2002 NI 4

      3. Art. 27 rep. by 2002 NI 6


    1. Introduction

      1. 28.Introduction

    2. Registration in the companies charges register

      1. 29.Charges requiring registration

      2. 30.The companies charges register

      3. 31.Delivery of particulars for registration

      4. 32.Delivery of further particulars

      5. 33.Effect of omissions and errors in registered particulars

      6. 34.Memorandum of charge ceasing to affect company's property

      7. 35.Further provisions with respect to voidness of charges

      8. 36.Additional information to be registered

    3. Copies of instruments and register to be kept by company

      1. 37.Copies of instruments and register to be kept by company

    4. Supplementary provisions

      1. 38.Power to make further provision by regulations

      2. 39.Other supplementary provisions

      3. 40.Interpretation, &c.

      4. 41.Charges on property of company incorporated outside Northern Ireland

      5. 42.Application of provisions to unregistered companies

      6. Article 43—Amendments


    1. A company's capacity and related matters

      1. 44.A company's capacity and the power of the directors to bind it

      2. 45.Invalidity of certain transactions involving directors

      3. 46.Statement of company's objects

      4. 47.Charitable companies

    2. De-regulation of private companies

      1. 48.Written resolutions of private companies

      2. 49.Written resolutions: supplementary provisions

      3. 50.Election by private company to dispense with certain requirements

      4. 51.Elective resolution of private company

      5. 52.Power to make further provision by regulations

    3. Appointment and removal of auditors and related matters

      1. 53.Introduction

      2. 54.Appointment of auditors

      3. 55.Rights of auditors

      4. 56.Remuneration of auditors

      5. 57.Removal, resignation, &c. of auditors

      6. 58.Statement by person ceasing to hold office as auditor

    4. Company records and related matters

      1. 59.Delivery of documents to the registrar

      2. 60.Keeping and inspection of company records

      3. 61.Supplementary provisions as to company records and related matters

    5. Miscellaneous

      1. 62.“Subsidiary”, “holding company” and “wholly-owned subsidiary”

      2. 63.Form of articles for partnership company

      3. 64.Membership of holding company

      4. 65.Company contracts and execution of documents by companies

      5. 66.Members' rights to damages, &c.

      6. 67.Financial assistance for purposes of employees' share scheme

      7. 68.Issue of redeemable shares

      8. 69.Disclosure of interests in shares

      9. 70.Orders imposing restrictions on shares

      10. 71.A company's registered office

      11. 72.Effecting of insurance for officers and auditors of company

      12. 73.Increase of limits on certain exemptions

      13. 74.Annual returns

      14. 75.Application to declare dissolution of company void

      15. 76.Abolition of doctrine of deemed notice

      16. 77.Rights of inspection and related matters

      17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


    1. Introduction

      1. 79.Introduction

    2. Recognised investment exchanges and clearing houses

      1. 80.Market contracts

      2. 81.Modifications of the law of insolvency

      3. 82.Proceedings of exchange or clearing house take precedence over insolvency procedures

      4. 83.Duty to give assistance for purposes of default proceedings

      5. 84.Supplementary provisions as to default proceedings

      6. 85.Duty to report on completion of default proceedings

      7. 86.Net sum payable on completion of default proceedings

      8. 87.Disclaimer of property, rescission of contracts, &c.

      9. 88.Adjustment of prior transactions

      10. 89.Powers of Secretary of State to give directions

      11. 90.Application to determine whether default proceedings to be taken

      12. Art. 91 rep. by SI 2001/3649

    3. Other exchanges and clearing houses

      1. 92.Certain overseas exchanges and clearing houses

      2. Art. 93 rep. by SI 2001/3649

      3. 94.Settlement arrangements provided by the Bank of England

    4. Market charges

      1. 95.Market charges

      2. 96.Modifications of the law of insolvency

      3. 97.Administration orders, etc.

      4. 98.Power to make provision about certain other charges

    5. Market property

      1. 99.Application of margin not affected by certain other interests

      2. 100.Priority of floating market charge over subsequent charges

      3. 101.Priority of market charge over unpaid vendor's lien

      4. 102.Proceedings against market property by unsecured creditors

      5. 103.Power to apply provisions to other cases

    6. Supplementary provisions

      1. 104.Insolvency proceedings in other jurisdictions

      2. 105.Indemnity for certain acts, &c.

      3. 106.Power to make further provision by regulations

      4. 107.Supplementary provisions as to regulations

      5. 108.Construction of references to parties to market contracts

      6. 109.Meaning of “default rules” and related expressions

      7. 110.Meaning of “relevant office-holder”

      8. 111.Minor definitions

      9. 112.Index of defined expressions


    1. Article 113—Repeals


      1. Schedules 1, 2—Amendments

      1. Schedule 3—Amendments and savings

      1. Schedules 4, 5—Amendments

      2. Schedule 6—Repeals

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