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You are here: Home > Better Business Framework > Company Law Reform Bill > Parts of Bill And Accompanying Explanatory Notes
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Company Law Reform Bill
Parts of Bill And Accompanying Explanatory Notes

Explanatory Notes and Parts of the Bill

The full text of the Bill and Explanatory Notes (on introduction to the House of Commons) is available on the UK Parliament website. The table below provides a link to each part of the Bill and the corresponding explanatory note.

 

Grouping

 Bill Part Link to Bill Part Link to Ex Note Extra Material*

The fundamentals of what a company is, how it can be formed and what it can be called

GENERAL INTRODUCTORY PROVISIONS

P1

 EN1  
COMPANY FORMATION P2 EN2  
A COMPANY'S CONSTITUTION P3 EN3  
A COMPANY'S CAPACITY AND RELATED MEASURES P4 EN4  
A COMPANY'S NAME P5 EN5  
A COMPANY'S REGISTERED OFFICE P6 EN6  
RE-REGISTRATION AS A MEANS OF ALTERING A COMPANY'S STATUS P7 EN7  

Members (shareholders) and officers (management) of a company

 MEMBERS OF A COMPANY P8 EN8  
EXERCISE OF MEMBERS' RIGHTS P9 EN9  
COMPANY DIRECTORS P10 EN10  
DERIVATIVE CLAIMS AND PROCEEDINGS BY MEMBERS P11 EN11  
COMPANY SECRETARIES P12 EN12  

How companies may take decisions

 RESOLUTIONS AND MEETINGS P13 EN13  
CONTROL OF POLITICAL DONATIONS AND EXPENDITURE P14 EN14  

Accountability of officers to members

 ACCOUNTS AND REPORTS P15 EN15  
AUDIT P16 EN16  

Raising share capital and takeovers

 PRIVATE AND PUBLIC COMPANIES P17 EN17  
ALLOTMENT OF SHARES P18 EN18  
SHARE CAPITAL P19 EN19  
DEBENTURES P20 EN20  
TRANSFER OF SECURITIES P21 EN21  
INFORMATION ABOUT INTERESTS IN A COMPANY'S SHARES P22 EN22  
COMPANY'S ANNUAL RETURN P23 EN23  
TAKEOVERS ETC. P24 EN24  

The regulatory framework

 COMPANY INVESTIGATIONS P25 EN25  
DISSOLUTION AND RESTORATION TO THE REGISTER P26 EN26  
UK COMPANIES NOT FORMED AND REGISTERED UNDER THE COMPANIES ACTS P27 EN27  
OVERSEAS COMPANIES P28 EN28  
THE REGISTRAR OF COMPANIES P29 EN29  
OFFENCES UNDER THE COMPANIES ACTS P30 EN30  
COMPANIES: SUPPLEMENTARY PROVISIONS P31 EN31  
COMPANIES: INTERPRETATION P32 EN32  
COMPANIES: MINOR AMENDMENTS P33 EN33  

Business names, statutory auditors and transparency obligations

 BUSINESS NAMES P34 EN34  
STATUTORY AUDITORS P35 EN35  
TRANSPARENCY OBLIGATIONS P36 EN36  

Miscellaneous

 

 MISCELLANEOUS PROVISIONS P37 EN37  
NORTHERN IRELAND P38 EN38  
GENERAL SUPPLEMENTARY PROVISIONS P39 EN39  
FINAL PROVISIONS P40 EN40  
SCHEDULES S -  
TRANSPOSITION NOTES - TN

 

 
 

Key:

 Enhancing shareholder value and a long term investment culture Making it easier to set up and run a company Ensuring better regulation and a "Think Small First" approach Providing flexibility for the future Miscellaneous

*Extra material may become available on the website as the Bill progresses through Parliament.

 

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EXTERNAL LINKS
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- The Bill 
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- Explanatory Notes 
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- Amendments to be debated in the House of Lords 

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