The Companies Act 2006 (Commencement No. 2, Consequential Amendments, Transitional Provisions and Savings) Order 2007

The Companies (Forms) (Amendment) Regulations 1987

5.—(1) Part 2 of Schedule 2 to those Regulations is amended as follows.

(2) In Companies Form 429(4)—

(a) in the title, for “429(4)” substitute “980(1)”;

(b) for “section 429(4) of the Companies Act 1985 as inserted by Schedule 12 to the Financial Services Act 1986” substitute “section 980(1) of the Companies Act 2006”;

(c) for the sentence commencing “The offeror(s) has/have within 4 months …” substitute “The offeror(s) has/have, within the relevant time period specified in section 980(2) of the Companies Act 2006, satisfied the conditions contained in subsection (2) or (4) of section 979 of that Act.”;

(d) for “section 429 of the Companies Act 1985” substitute “section 979 of the Companies Act 2006”; and

(e) for “section 430C of the Companies Act 1985” substitute “section 986 of the Companies Act 2006”.

(3) In Companies Form 429dec—

(a) in the title, for “429dec” substitute “980dec”; and

(b) for “section 429(4) of the Companies Act 1985 as inserted by Schedule 12 to the Financial Services Act 1986” substitute “section 980(4) of the Companies Act 2006”.

(4) In Companies Form 430(A)—

(a) in the title, for “430(A)” substitute “984”;

(b) for “section 430A(3) of the Companies Act 1985 as inserted by Schedule 12 to the Financial Services Act 1986” substitute “section 984(3) of the Companies Act 2006”;

(c) for the sentence commencing “On … the offeror(s) had acquired” substitute “On … the offeror(s) had satisfied the conditions in section 983(2), (3) or (4) of the Companies Act 2006.”;

(d) for the sentence commencing “You have until …” substitute “You have until … (the time specified in section 984(2) of the Companies Act 2006) to advise the offeror(s) in writing at (state address of offeror) … if you require him/them to acquire your shares and if so, on what terms.”; and

(e) for “section 430C of the Companies Act 1985” substitute “section 986 of the Companies Act 2006”.