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EXPLANATORY NOTE

(This note is not part of the Order)

This Order amends Schedule 2 to the Companies Act 2006 (c.46) in consequence of the enactment of the Companies Act 2006 (Extension of Takeover Panel Provisions) (Isle of Man) Order 2008 (S.I. 2008/3122). That Order applied the Takeover Panel provisions of Part 28 of and Schedule 2 to the Companies Act 2006 in the Isle of Man.

This Order amends the list of specified persons and specified descriptions of disclosures set out in Schedule 2 to the Companies Act 2006 as it applies in the United Kingdom. These amendments mirror the amendments made by S.I. 2008/3122 to Schedule 2 as it applies in the Isle of Man. Schedule 2 contains a list of specified persons and specified descriptions of disclosures in respect of whom or which disclosure of information under section 948(1) of the Companies Act 2006 is permitted.

An Impact Assessment has not been produced for this Order as it has no impact on the costs of business, charities or voluntary bodies.