The Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations 2019

JurisdictionUK Non-devolved
CitationSI 2019/348
Year2019
  • These Regulations may be cited as the Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations 2019.
  • These Regulations come into force on exit day
  • Any amendment or revocation made by these Regulations has the same extent as the enactment to which the amendment or revocation relates.
  • In these Regulations, “
  • the Companies (Cross-Border Mergers) Regulations 2007
  • the Companies (Cross-Border Mergers) (Amendment) Regulations 2008
  • Part 4 (Amendments to the Companies (Cross-Border Mergers) Regulations 2007) of the Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011
  • the Companies (Cross-Border Mergers) (Amendment) Regulations 2015
  • the Commission Implementing Regulation (EU) 2015/884 of 8 June 2015 establishing technical specifications and procedures required for the system of interconnection of registers established by Directive
  • Schedule 1 (which contains amendments to the Act) has effect.
  • Schedule 2 (which contains amendments to secondary legislation) has effect.
  • Schedule 3 (which contains consequential amendments) has effect.
  • Schedule 4 (which contains transitional provisions) has effect.
  • (1) The Act is amended in accordance with this Schedule.In section 141(2) (b) (subsidiary acting as authorised dealer in securities) , for “regulated market” substitute “ UK regulated market ” .In section 146(1) (traded companies: nomination of persons to enjoy information rights) , for “regulated market” substitute “ UK regulated market or an EU regulated market ” .In section 164 (particulars of directors to be registered: corporate directors and firms) , for paragraph (c) substitute—
    • (c) in the case of a limited company that is a UK-registered company, the registered number;
    .
    in the case of a limited company that is a UK-registered company, the registered number;In section 278(1) (particulars of secretaries to be registered: corporate secretaries and firms) , for paragraph (c) substitute—
    • (c) in the case of a limited company that is a UK-registered company, the registered number;
    .
    in the case of a limited company that is a UK-registered company, the registered number;In section 360C(b) (meaning of “traded company”) for subsection (1) substitute—
    • “(1) This Part applies to a political party if it is registered under Part 2 of the Political Parties, Elections and Referendums Act 2000 (c. 41) .
    ;
    This Part applies to a political party if it is registered under Part 2 of the Political Parties, Elections and Referendums Act 2000 (c. 41) .in subsections (2) (b) and (3) , omit “or another member State”.(8) In section 365(1) (b) (ii) (meaning of “political expenditure”) , for “a member state” substitute “ the United Kingdom ”.In section 562(3) (a) (communication of pre-emption offers to shareholders) , for “an EEA State”, in both places it occurs, substitute “ the United Kingdom or an EEA State ”.In section 790B(1) (a) (companies to which Part 21A applies) (11) In section 790C(7) (b) (key terms) In section 832(5) (a) (distributions by investment companies out of accumulated revenue profits) In section 853E(6) (duty to notify trading status of shares)

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