(1)If the registrar considers it expedient to do so in connection with his functions under section 69(3)(a), 92(1), 94 or 105(1) or paragraph 10 of Schedule 5, he may—
(a)form, or participate in the formation of, a company, or
(b)purchase, or invest in, a company.
(2)In this section—
“company” means a company [F1as defined in section 1(1) of the Companies Act 2006];
“invest” means invest in any way (whether by acquiring assets, securities or rights or otherwise).
(3)This section is without prejudice to any powers of the registrar exercisable otherwise than by virtue of this section.
Textual Amendments
F1S. 106(2): words in definition of"company" substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 2(1), Sch. 1 para. 193(2) (with art. 10)