1996 No. 594
The Companies (Forms) (Amendment) Regulations 1996
5th March 1996
Coming into force
1st April 1996
The Secretary of State, in exercise of the powers conferred on him by sections 224(2), 225(1) and (2), 701 and 744 of the Companies Act 1985(1) and of all other powers enabling him in that behalf, hereby makes the following Regulations:—
1.—(1) These Regulations may be cited as the Companies (Forms) (Amendment) Regulations 1996 and shall come into force on 1st April 1996.
(2) In these Regulations—
“the 1985 Act” means the Companies Act 1985; and
“the 1990 Regulations” means the Companies (Forms) (Amendment) Regulations 1990(2).
2. With effect from 1st April 1996, form 225 in the Schedule to these Regulations, with such variations as circumstances require, is the form prescribed for the purposes of section 225 of the 1985 Act, including that section as applied by section 701 of the 1985 Act.
3.—(1) With effect from 1st April 1996, forms 225(1), 225(2), 701b and 701c in Schedule 2 to the 1990 Regulations are revoked, save that those forms may be used until 1st April 1997 for those purposes of section 225 of the 1985 Act (including that section as applied by section 701) which correspond to the purposes for which the forms were originally prescribed.
(2) With effect from 1st January 1997, forms 224 and 701a in Schedule 2 to the 1990 Regulations are revoked.
Wendy E. M. Alexander
A Grade 5 Officer in the
Department of Trade and Industry
5th March 1996
(This note is not part of the Regulations)
These Regulations prescribe a new form 225 to be used by companies (including certain oversea companies) in order to change their accounting reference date under section 225 of the Companies Act 1985. The new form reflects amendments to section 225 to be made by regulation 3 of the Companies Act 1985 (Miscellaneous Accounting Amendments) Regulations 1996, and will take effect on 1st April 1996, the date on which those amendments come into force.
The Regulations revoke existing forms 225(1), 225(2), 701b and 701c with effect from 1st April 1996. Those forms will be replaced by new form 225. There is, however, a transitional provision permitting the existing forms to be used until 1st April 1997 in certain circumstances.
The Regulations revoke existing forms 224 and 701a with effect from 1st January 1997, after which they become obsolete due to amendments to section 224 of the Companies Act 1985 to be made by regulation 2 of the Companies Act 1985 (Miscellaneous Accounting Amendments) Regulations 1996.
1985 c. 6. Sections 224 and 225 were substituted by section 3 of the Companies Act 1989 (c. 40) and prospectively amended by regulations 2 and 3 of S.I. 1996/189. Section 701 was substituted by section 23 of, and paragraph 13 of Schedule 10 to, the Companies Act 1989. See the definition of “prescribed” in section 744 of the Companies Act 1985.