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The Department consulted in February 2007 on its proposed approach in areas where secondary legislation will be made as part of our implementation of the Companies Act 2006. The draft regulations and orders in the table below have been prepared in the light of responses to that consultation. We would welcome comments on the draft regulations and orders by 30 September 2007 marked ‘Companies Act 2006 secondary legislation comments’, submitted preferably by email to CompaniesAct2006-consultation@berr.gsi.gov.uk. (Written responses should be sent to the Companies Act Implementation Team, Corporate Law and Governance, BERR, 5th Floor, 1 Victoria Street, London SW1H 0ET.)
A Written Statement outlining the Government’s position on the main areas covered by the consultative document on implementation of the Act was made on 26 June. The table below includes links to the Government response on the individual policy areas covered by the consultative document. (There is a single response covering the accounting and reporting regulations.)
The table below also includes links to draft Impact Assessments. (We have not drafted Impact Assessments where the instrument would have no impact, or only a negligible impact, on costs or savings for business, charities or voluntary bodies.)
We intend to publish other draft regulations, including draft overseas companies regulations, shortly.
Companies House has published consultative documents on the Registrar's rules and late filing penalties. These can be found at
www.companieshouse.gov.uk/companiesAct/publications.shtml. Companies House are seeking comments by 12 October 2007.
The Government has also published a response to the consultation document seeking views on the implementation of EU Directive 2006/46/EC on Company Reporting - Amending Accounting Directives. (The table below includes a link to the draft Small Companies and Groups (Accounts and Directors' Report) Regulations, the draft Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations and the draft Companies Act 2006 (Accounts and Reports) (Amendment) Regulations which implement the accounting requirements of the Directive.)
| Draft regulation | Draft Impact assessment | Government response |
|---|---|---|
| N/A | ||
| See Above | ||
| N/A | See Above | |
| N/A | See Above | |
| N/A | See Above | |
| N/A | See Above | |
| N/A | See Above | |
| N/A | ||
| Explanatory Note: These regulations replicate the requirements relating to the registration of company charge of the Companies Forms Regulations 1985 (SI 1985/854) | ||
| These Regulations apply specified provisions of the Companies Act 2006, that have not been repealed by the Act, to unregistered companies and apply subordinate legislation made under those specified provisions, where that legislation is in force, or will be, on 1 October 2008. They also revoke specified existing regulations which apply provisions of the 1985 Act and the Act to unregistered companies. | ||
| These Regulations make provision in connection with the registration of a company not formed under the Companies Act and the consequences of such registration. | ||
| Explanatory Note: |
The draft Companies (Shares, Share Capital and Authorised Minimum) Regulations 2007 and the associated draft Impact Assessment are unchanged from the versions published on the website in May. We are currently considering the responses to the consultation and anticipate publishing a revised version of these regulations in the autumn.