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ARTICLE · 11 JUNE 2007

Companies Act 2006 - Changes To Implementation Timetable

CMS Cameron McKenna Nabarro Olswang
Explore more from CMS Cameron McKenna Nabarro Olswang

An overview of the changes announced by the DTI to the implementation of various Parts of the Companies Act 2006.

United KingdomCorporate/Commercial Law
Peter Bateman
Peter Bateman
Simon Howley
Simon Howley

On 30 May the DTI announced that:

  • It intends to bring forward to 1 October 2007 the introduction of those sections in Part 8 (principally sections 116-119) of the Companies Act 2006 that deal with the right of members and the public to inspect a company’s register of members
  • The new business review requirements in section 417 of the 2006 Act will be commenced for reports for financial years beginning on or after 1 October 2007
  • Chapter 2 of Part 20 of the 2006 Act (which deals with minimum share capital requirements for public companies) will be commenced on 1 October 2008, at the same time as the other capital provisions
  • For directors’ reports relating to financial years beginning on or after 6 April 2008, companies will be required to disclose details of donations to independent election candidates

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