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        Companies Act 1985 (c. 6)
        Introductory Text
        Main body
        Part I Formation and Registration of Companies; Juridical Status and Membership
        Chapter I Company Formation
        Memorandum of association
        1. Mode of forming incorporated company.
        2. Requirements with respect to memorandum.
        3. Forms of memorandum.
        3A. Statement of company's objects: general commercial company.
        4. Resolution to alter objects.
        5. Procedure for objecting to alteration.
        6. Provisions supplementing ss. 4, 5.
        Articles of association
        7. Articles prescribing regulations for companies.
        8. Tables A, C, D and E.
        8A. Table G.
        9. Alteration of articles by special resolution.
        Registration and its consequences
        10. Documents to be sent to registrar.
        11. Minimum authorised capital (public companies).
        12. Duty of registrar.
        13. Effect of registration.
        14. Effect of memorandum and articles.
        15. Memorandum and articles of company limited by guarantee.
        16. Effect of alteration on company's members.
        17. Conditions in memorandum which could have been in articles.
        18. Amendments of memorandum or articles to be registered.
        19. Copies of memorandum and articles to be given to members.
        20. Issued copy of memorandum to embody alterations.
        21. Registered documentation of Welsh companies.
        A company's membership
        22. Definition of"member".
        23. Membership of holding company.
        24. Minimum membership for carrying on business.
        Chapter II Company Names
        25. Name as stated in memorandum.
        26. Prohibition on registration of certain names.
        27. Alternatives of statutory designations.
        28. Change of name.
        29. Regulations about names.
        30. Exemption from requirement of"limited" as part of the name.
        31. Provisions applying to company exempt under s. 30.
        32. Power to require company to abandon misleading name.
        33. Prohibition on trading under misleading name.
        34. Penalty for improper use of"limited" or"cyfyngedig".
        34A Penalty for improper use of “community interest company” etc.
        Chapter III A Company's Capacity; Formalities of Carrying on Business
        35. Company's capacity: power of directors to bind it.
        35A. Power of directors to bind the company.
        35B. No duty to enquire as to capacity of company or authority of directors.
        36. Company contracts: England and Wales.
        36A. Execution of documents: England and Wales.
        36AA. Execution of deeds: England and Wales
        36B. Execution of documents: Scotland.
        36C. Pre-incorporation contracts, deeds and obligations.
        37. Bills of exchange and promissory notes.
        38. Execution of deeds abroad.
        39. Power of company to have official seal for use abroad.
        40. Official seal for share certificates, etc.
        41. Authentication of documents.
        42. Events affecting a company's status.
        Part II Re-registration as a means of altering a company's status
        Private company becoming public
        43. Re-registration of private company as public.
        44. Consideration for shares recently allotted to be valued.
        45. Additional requirements relating to share capital.
        46. Meaning of"unqualified report" in s. 43(3).
        47. Certificate of re-registration under s. 43.
        48. Modification for unlimited company re-registering.
        Limited company becoming unlimited
        49. Re-registration of limited company as unlimited.
        50. Certificate of re-registration under s. 49.
        Unlimited company becoming limited
        51. Re-registration of unlimited company as limited.
        52. Certification of re-registration under s. 51.
        Public company becoming private
        53. Re-registration of public company as private.
        54. Litigated objection to resolution under s. 53.
        55. Certificate of re-registration under s. 53.
        Part III Capital Issues
        Chapter I Issues by Companies Registered, or to be Registered, in Great Britain
        The prospectus
        56. Matters to be stated, and reports to be set out, in prospectus.
        57. Attempted evasion of s. 56 to be void.
        58. Document offering shares etc. for sale deemed a prospectus.
        59. Rule governing what is an"offer to the public".
        60. Exceptions from rule in s. 59.
        61. Prospectus containing statement by expert.
        62. Meaning of"expert".
        63. Prospectus to be dated.
        Registration of prospectus
        64. Registration requirement applicable in all cases.
        65. Additional requirements in case of prospectus issued generally.
        Liabilities and offences in connection with prospectus
        66. Directors, etc. exempt from liability in certain cases.
        67. Compensation for subscribers misled by statement in prospectus.
        68. Exemption from s. 67 for those acting with propriety.
        69. Indemnity for innocent director or expert.
        70. Criminal liability for untrue statements.
        Supplementary
        71. Interpretation for ss. 56 to 70.
        Chapter II Issues by Companies Incorporated, or to be Incorporated, Outside Great Britain
        72. Prospectus of oversea company.
        73. Attempted evasion of s. 72 to be void.
        74. Prospectus containing statement by expert.
        75. Restrictions on allotment to be secured in prospectus.
        76. Stock exchange certificate exempting from compliance with Sch. 3.
        77. Registration of oversea prospectus before issue.
        78. Consequences (criminal and civil) of non-compliance with ss. 72-77.
        79. Supplementary.
        Part IV Allotment of Shares and Debentures
        General provisions as to allotment
        80. Authority of company required for certain allotments.
        80A. Election by private company as to duration of authority.
        81. Restriction on public offers by private company.
        82. Application for, and allotment of, shares and debentures.
        83. No allotment unless minimum subscription received.
        84. Allotment where issue not fully subscribed.
        85. Effect of irregular allotment.
        86. Allotment of shares etc. to be dealt in on stock exchange.
        87. Operation of s. 86 where prospectus offers shares for sale.
        88. Return as to allotments, etc.
        Pre-emption rights
        89. Offers to shareholders to be on pre-emptive basis.
        90. Communication of pre-emption offers to shareholders.
        91. Exclusion of ss. 89, 90 by private company.
        92. Consequences of contravening ss. 89, 90.
        93. Saving for other restrictions as to offers.
        94. Definitions for ss. 89-96.
        95. Disapplication of pre-emption rights.
        96. Saving for company's pre-emption procedure operative before 1982.
        Commissions and discounts
        97. Power of company to pay commissions.
        98. Apart from s. 97, commissions and discounts barred.
        Amount to be paid for shares; the means of payment
        99. General rules as to payment for shares on allotment.
        100. Prohibition on allotment of shares at a discount.
        101. Shares to be allotted as at least one-quarter paid-up.
        102. Restriction on payment by long-term undertaking.
        103. Non-cash consideration to be valued before allotment.
        104. Transfer to public company of non-cash asset in initial period.
        105. Agreements contravening s. 104.
        106. Shares issued to subscribers of memorandum.
        107. Meaning of"the appropriate rate".
        Valuation provisions
        108. Valuation and report (s. 103).
        109. Valuation and report (s. 104).
        110. Entitlement of valuer to full disclosure.
        111. Matters to be communicated to registrar.
        Other matters arising out of allotment &c.
        111A. Right to damages, &c. not affected.
        112. Liability of subsequent holders of shares allotted.
        113. Relief in respect of certain liabilities under ss. 99 ff.
        114. Penalty for contravention.
        115. Undertakings to do work, etc.
        116. Application of ss. 99 ff to special cases.
        Part V Share Capital, its Increase, Maintenance and Reduction
        Chapter I General Provisions about Share Capital
        117. Public company share capital requirements.
        118. The authorised minimum.
        119. Provision for different amounts to be paid on shares.
        120. Reserve liability of limited company.
        121. Alteration of share capital (limited companies).
        122. Notice to registrar of alteration.
        123. Notice to registrar of increased share capital.
        124. Reserve capital of unlimited company.
        Chapter II Class Rights
        125. Variation of class rights.
        126. Saving for court's powers under other provisions.
        127. Shareholders' right to object to variation.
        128. Registration of particulars of special rights.
        129. Registration of newly created class rights.
        Chapter III Share Premiums
        Chapter IV Reduction of Share Capital
        Chapter V Maintenance of Capital
        Chapter VI Financial Assistance by a Company for Acquisition of its Own Shares
        Chapter VII Redeemable Shares; Purchase by a Company of its Own Shares
        Chapter VIII Miscellaneous Provisions about Shares and Debentures
        Share and debenture certificates, transfers and warrants
        182. Nature, transfer and numbering of shares.
        183. Transfer and registration.
        184. Certification of transfers.
        185. Duty of company as to issue of certificates.
        186. Certificate to be evidence of title.
        187. Evidence of grant of probate or confirmation as executor.
        188. Issue and effect of share warrant to bearer.
        189. Offences in connection with share warrants (Scotland).
        Debentures
        190. Register of debenture holders.
        191. Right to inspect register.
        192. Liability of trustees of debentures.
        193. Perpetual debentures.
        194. Power to re-issue redeemed debentures.
        195. Contract to subscribe for debentures.
        196. Payment of debts out of assets subject to floating charge (England and Wales).
        197. Debentures to bearer (Scotland).
        Part VI Disclosure of Interests in Shares
        Individual and group acquisitions
        198. Obligation of disclosure: the cases in which it may arise and"the relevant time".
        199. Interests to be disclosed.
        200. "Percentage level" in relation to notifiable interests.
        201. . . .
        202. Particulars to be contained in notification.
        203. Notification of family and corporate interests.
        204. Agreement to acquire interests in a particular company.
        205. Obligation of disclosure arising under s. 204.
        206. Obligation of persons acting together to keep each other informed.
        207. Interests in shares by attribution.
        208. Interests in shares which are to be notified.
        209. Interests to be disregarded.
        210. Other provisions about notification under this Part.
        210A. Power to make further provision by regulations.
        Registration and investigation of share acquisitions and disposals
        211. Register of interests in shares.
        212. Company investigations.
        213. Registration of interests disclosed under s. 212.
        214. Company investigation on requisition by members.
        215. Company report to members.
        216. Penalty for failure to provide information.
        217. Removal of entries from register.
        218. Otherwise, entries not to be removed.
        219. Inspection of register and reports.
        Supplementary
        220. Definitions for Part VI.
        Part VII Accounts and Audit
        Chapter I Provisions Applying to Companies Generally
        Accounting records
        221. Duty to keep accounting records.
        222. Where and for how long records to be kept.
        A company's financial year and accounting reference periods
        223. A company's financial year.
        224. Accounting reference periods and accounting reference date.
        225. Alteration of accounting reference date.
        Annual accounts
        226. Duty to prepare individual company accounts.
        226A. Companies Act individual accounts
        226B. IAS individual accounts
        227. Duty to prepare group accounts.
        227A. Companies Act group accounts
        227B. IAS group accounts
        227C. Consistency of accounts
        228. Exemption for parent companies included in accounts of larger group.
        228A. Exemption for parent companies included in non-EEA group accounts
        229. Subsidiary undertakings included in the consolidation.
        230. Treatment of individual profit and loss account where group accounts prepared.
        231. Disclosure required in notes to accounts:related undertakings.
        231A. Disclosure required in notes to annual accounts: particulars of staff
        232. Disclosure required in notes to accounts: emoluments and other benefits of directors and others.
        Approval and signing of accounts
        233. Approval and signing of accounts
        Director's report
        234. Duty to prepare director's report.
        234ZZA. Directors' report: general requirements
        234ZZB. Directors' report: business review
        234ZA Statement as to disclosure of information to auditors
        234A. Approval and signing of directors' report.
        Quoted companies: operating and financial review
        234AA. Duty to prepare operating and financial review
        234AB. Approval and signing of operating and financial review
        Quoted companies: directors remuneration report
        234B Duty to prepare directors remuneration report
        234C Approval and signing of directors remuneration report
        Auditors' report
        235. Auditors' report.
        236. Signature of auditors' report.
        237. Duties of auditors.
        Publication of accounts and reports
        238. Persons entitled to receive copies of accounts and reports.
        238A. Time allowed for sending out copies of accounts and reports
        239. Rights to demand copies of accounts and reports.
        240. Requirements in connection with publication of accounts.
        Laying and delivering of accounts and reports
        241. Accounts and reports to be laid before company in general meeting.
        241A Members’ approval of directors’ remuneration report
        242. Accounts and reports to be delivered to the registrar.
        242A. Civil penalty for failure to deliver accounts.
        242B. Delivery and publication of accounts in ECUs
        243. Accounts of subsidiary undertakings to be appended in certain cases.
        244. Period allowed for laying and delivering accounts and reports.
        Revision of defective accounts and reports
        245. Voluntary revision of annual accounts or directors' report.
        245A. Secretary of State's notice in respect of annual accounts.
        245B. Application to court in respect of defective accounts.
        245C. Other persons authorised to apply to court.
        245D Disclosure of information held by Inland Revenue to persons authorised to apply to court
        245E Restrictions on use and further disclosure of information disclosed under section 245D
        245F Power of authorised persons to require documents, information and explanations
        245G Restrictions on further disclosure of information obtained under section 245F
        Chapter II Exemptions, Exceptions and Special Provisions
        Small and medium-sized companies and groups
        246. Special provisions for small companies
        246A. Special provisions for medium-sized companies
        247. Qualification of company as small or medium-sized.
        247A. Cases in which special provisions do not apply
        247B. Special auditors' report
        248. Exemption for small and medium-sized groups.
        248A. Group accounts prepared by small company
        249. Qualification of group as small or medium-sized.
        Exemptions from audit for certain categories of small company
        249A. Exemptions from audit
        249AA. Dormant companies
        249B Cases where exemptions not available
        249C The report required for the purposes of section 249A(2).
        249D. The reporting accountant
        249E. Effect of exemptions
        Dormant companies
        250. Resolution not to appoint auditors.
        Listed public companies
        251. Provision of summary financial statement to shareholders.
        Private companies
        252. Election to dispense with laying of accounts and reports before general meeting.
        253. Right of shareholder to require laying of accounts.
        Unlimited companies
        254. Exemption from requirement to deliver accounts and reports.
        Banking and insurance companies and groups
        255. Special provisions for banking and insurance companies.
        255A. Special provisions for banking and insurance groups.
        255B. Modification of disclosure requirements in relation to banking company or group.
        255C. Directors' report where accounts prepared in accordance with special provisions.
        255D. Power to apply provisions to banking partnerships.
        Welsh private companies
        255E. Delivery of accounting documents in Welsh only.
        Chapter III Supplementary Provisions
        Accounting standards
        256. Accounting standards.
        256A. Reporting standards
        Power to alter accounting requirements
        257. Power of Secretary of State to alter accounting requirements.
        Parent and subsidiary undertakings
        258. Parent and subsidiary undertakings.
        Other interpretation provisions
        259. Meaning of "undertaking" and related expressions.
        260. Participating interests.
        261. Notes to the accounts.
        262. Minor definitions.
        262A. Index of defined expressions.
        Part VIII Distribution of Profits and Assets
        Limits of company's power of distribution
        263. Certain distributions prohibited.
        264. Restriction on distribution of assets.
        265. Other distributions by investment companies.
        266. Meaning of"investment company".
        267. Extension of ss. 265, 266 to other companies.
        268. Realised profits of insurance company with long term business.
        269. Treatment of development costs.
        Relevant accounts
        270. Distribution to be justified by reference to company's accounts.
        271. Requirements for last annual accounts.
        272. Requirements for interim accounts.
        273. Requirements for initial accounts.
        274. Method of applying s. 270 to successive distributions.
        275. Treatment of assets in the relevant accounts.
        276. Distributions in kind.
        Supplementary
        277. Consequences of unlawful distribution.
        278. Saving for provision in articles operative before Act of 1980.
        279. Distributions by banking or insurance companies.
        280. Definitions for Part VIII.
        281. Saving for other restraints on distribution.
        Part IX A Company's Management; Directors and Secretaries; their Qualifications, Duties and Responsibilities
        Officers and registered office
        282. Directors.
        283. Secretary.
        284. Acts done by person in dual capacity.
        285. Validity of acts of directors.
        286. Qualifications of company secretaries.
        287. Registered office.
        288. Register of directors and secretaries.
        288A {If an individual in respect of whom a confidentiality order under section 723B as applied to limited liability...}
        289. Particulars of directors to be registered under s. 288.
        290. Particulars of secretaries to be registered under s. 288.
        Provisions governing appointment of directors
        291. Share qualification of directors.
        292. Appointment of directors to be voted on individually.
        293. Age limit for directors.
        294. Duty of director to disclose his age.
        Disqualification
        295-299. . . .
        300. . . .
        301, 302. . . .
        Removal of directors
        303. Resolution to remove director.
        304. Director's right to protest removal.
        Other provisions about directors and officers
        305. Directors' names on company correspondence, etc.
        306. Limited company may have directors with unlimited liability.
        307. Special resolution making liability of directors unlimited.
        308. Assignment of office by directors.
        309. Directors to have regard to interests of employees.
        309A Provisions protecting directors from liability
        309B Qualifying third party indemnity provisions
        309C Disclosure of qualifying third party indemnity provisions
        310. Provisions exempting officers and auditors from liability.
        Part X Enforcement of Fair Dealing by Directors
        Restrictions on directors taking financial advantage
        311. Prohibition on tax-free payments to directors.
        312. Payment to director for loss of office etc.
        313. Company approval for property transfer.
        314. Director's duty of disclosure on takeover, etc.
        315. Consequences of non-compliance with s. 314.
        316. Provisions supplementing ss. 312 to 315.
        317. Directors to disclose interest in contracts.
        318. Directors' service contracts to be open to inspection.
        319. Director's contract of employment for more than 5 years.
        320. Substantial property transactions involving directors, etc.
        321. Exceptions from s. 320.
        322. Liabilities arising from contravention of s. 320.
        322A. Invalidity of certain transactions involving directors, etc.
        322B. Contracts with sole members who are directors
        Share dealings by directors and their families
        323. Prohibition on directors dealing in share options.
        324. Duty of director to disclose shareholdings in own company.
        325. Register of directors' interests notified under s. 324.
        326. Sanctions for non-compliance.
        327. Extension of s. 323 to spouses and children.
        328. Extension of s. 324 to spouses and children.
        329. Duty to notify stock exchange of matters notified under preceding sections.
        Restrictions on a company's power to make loans, etc., to directors and persons connected with them
        330. General restriction on loans etc. to directors and persons connected with them.
        331. Definitions for ss. 330 ff.
        332. Short-term quasi-loans.
        333. Inter-company loans in same group.
        334. Loans of small amounts.
        335. Minor and business transactions.
        336. Transactions at behest of holding company.
        337. Funding of director's expenditure on duty to company.
        337A Funding of director's expenditure on defending proceedings
        338. Loan or quasi-loan by money-lending company.
        339. "Relevant amounts" for purposes of ss. 334 ff.
        340. "Value" of transactions and arrangements.
        341. Civil remedies for breach of s. 330.
        342. Criminal penalties for breach of s. 330.
        343. Record of transactions not disclosed in company accounts.
        344. Exceptions from s. 343.
        Supplementary
        345. Power to increase financial limits.
        346. "Connected persons", etc.
        347. Transactions under foreign law.
        Part XA Control of political donations
        347A. Introductory provisions.
        347B. Exemptions.
        347C. Prohibition on donations and political expenditure by companies.
        347D. Special rules for subsidiaries.
        347E. Special rule for parent company of non-GB subsidiary undertaking.
        347F. Remedies for breach of prohibitions on company donations etc.
        347G. Remedy for unauthorised donation or expenditure by non-GB subsidiary.
        347H. Exemption of directors from liability in respect of unauthorised donation or expenditure.
        347I. Enforcement of directors' liabilities by shareholder action.
        347J. Costs of shareholder action.
        347K. Information for purposes of shareholder action.
        Part XI Company administration and procedure
        Chapter I Company Identification
        348. Company name to appear outside place of business.
        349. Company's name to appear in its correspondence, etc.
        350. Company seal.
        351. Particulars in correspondence, etc.
        Chapter II Register of Members
        352. Obligation to keep and enter up register.
        352A. Statement that company has only one member
        353. Location of register.
        354. Index of members.
        355. Entries in register in relation to share warrants.
        356. Inspection of register and index.
        357. Non-compliance with ss. 353, 354, 356; agent's default.
        358. Power to close register.
        359. Power of court to rectify register.
        360. Trusts not to be entered on register in England and Wales.
        361. Register to be evidence.
        362. Overseas branch registers.
        Chapter III Annual Return
        Chapter IV Meetings and Resolutions
        Meetings
        366. Annual general meeting.
        366A. Election by private company to dispense with annual general meetings.
        367. Secretary of State's power to call meeting in default.
        368. Extraordinary general meeting on members' requisition.
        369. Length of notice for calling meetings.
        370. General provisions as to meetings and votes.
        370A. Quorum at meetings of the sole member
        371. Power of court to order meeting.
        372. Proxies.
        373. Right to demand a poll.
        374. Voting on a poll.
        375. Representation of corporations at meetings.
        Resolutions
        376. Circulation of members' resolutions.
        377. In certain cases, compliance with s. 376 not required.
        378. Extraordinary and special resolutions.
        379. Resolution requiring special notice.
        379A. Elective resolution of private company.
        380. Registration, etc. of resolutions and agreements.
        381. Resolution passed at adjourned meeting.
        Written resolutions of private companies
        381A. Written resolutions of private companies.
        381B. Duty to notify auditors of proposed written resolution
        381C. Written resolutions: supplementary provisions.
        Records of proceedings
        382. Minutes of meetings.
        382A. Recording of written resolutions.
        382B. Recording of decisions by the sole member
        383. Inspection of minute books.
        Appointment of auditors
        384. Duty to appoint auditors.
        385. Appointment at general meeting at which accounts laid.
        385A. Appointment by private company which is not obliged to lay accounts.
        386. Election by private company to dispense with annual appointment.
        387. Appointment by Secretary of State in default of appointment by company.
        388. Filling of casual vacancies.
        388A. Certain companies exempt from obligation to appoint auditors
        389. Qualification for appointment as auditor.
        Rights of auditors
        389A. Rights to information.
        389B Offences relating to the provision of information to auditors
        390. Right to attend company meetings, &c.
        Remuneration of auditors
        390A. Remuneration of auditors.
        390B. Disclosure of services provided by auditors or associates and related remuneration
        Removal, resignation, &c. of auditors
        391. Removal of auditors.
        391A. Rights of auditors who are removed or not re-appointed.
        392. Resignation of auditors.
        392A. Rights of resigning auditors.
        393. Termination of appointment of auditors not appointed annually.
        394. Statement by person ceasing to hold office as auditor.
        394A. Offences of failing to comply with s. 394.
        Part XII Registration of Charges
        Chapter I Registration of Charges (England and Wales)
        Chapter II Registration of Charges (Scotland)
        Part XIII Arrangements and Reconstructions
        425. Power of company to compromise with creditors and members.
        426. Information as to compromise to be circulated.
        427. Provisions for facilitating company reconstruction or amalgamation.
        427A. Application of ss. 425-427 to mergers and divisions of public companies.
        Part XIIIA Takeover Offers
        428. Takeover offers.
        429. Right of offeror to buy out minority shareholders.
        430. Effect of notice under s. 429.
        430A. Right of minority shareholder to be bought out by offeror.
        430B. Effect of requirement under s. 430A.
        430C. Applications to the court.
        430D. Joint offers.
        430E. Associates.
        430F. Convertible securities.
        Part XIV Investigation of Companies and Their Affairs; Requisition of Documents
        Appointment and functions of inspectors
        431. Investigation of a company on its own application or that of its members.
        432. Other company investigations.
        433. Inspectors' powers during investigation.
        434. Production of documents and evidence to inspectors.
        435. . . .
        436. Obstruction of inspectors treated as contempt of court.
        437. Inspectors' reports.
        438. Power to bring civil proceedings on company's behalf.
        439. Expenses of investigating a company's affairs.
        440. Power of Secretary of State to present winding-up petition.
        441. Inspectors' report to be evidence.
        Other powers of investigation available to the Secretary of State
        442. Power to investigate company ownership.
        443. Provisions applicable on investigation under s. 442.
        444. Power to obtain information as to those interested in shares, etc.
        445. Power to impose restrictions on shares and debentures.
        446. Investigation of share dealings.
        [Powers of Secretary of State to give directions to inspectors]
        [446A General powers to give directions]
        [446B Direction to terminate investigation]
        [Resignation, removal and replacement of inspectors]
        [446C Resignation and revocation of appointment]
        [446D Appointment of replacement inspectors]
        [Power to obtain information from former inspectors etc]
        [446E Obtaining information from former inspectors etc]
        Requisition and seizure of books and papers
        447. Power to require production of documents and information
        447A Information provided: evidence
        448. Entry and search of premises.
        448A Protection in relation to certain disclosures: information provided to Secretary of State
        449. Provision for security of information obtained.
        450. Punishment for destroying, mutilating, etc. company documents.
        451. Punishment for furnishing false information.
        451A. Disclosure of information by Secretary of State or inspector.
        452. Privileged information.
        453. Investigation of oversea companies.
        453A Power to enter and remain on premises
        453B Power to enter and remain on premises: procedural
        453C Failure to comply with certain requirements
        453D. Offences by bodies corporate
        Part XV Orders Imposing Restrictions on Shares (Sections 210, 216, 445)
        454. Consequence of order imposing restrictions.
        455. Punishment for attempted evasion of restrictions.
        456. Relaxation and removal of restrictions.
        457. Further provisions on sale by court order of restricted shares.
        Part XVI Fraudulent Trading by a Company
        458. Punishment for fraudulent trading.
        Part XVII Protection of Company's Members against Unfair Prejudice
        459. Order on application of company member.
        460. Order on application of Secretary of State.
        461. Provisions as to petitions and orders under this Part.
        Part XVIII Floating Charges and Receivers (Scotland)
        Chapter I Floating Charges
        462. Power of incorporated company to create floating charge.
        463. Effect of floating charge on winding up.
        464. Ranking of floating charges.
        465. Continued effect of certain charges validated by Act of 1972.
        466. Alteration of floating charges.
        Chapter II Receivers
        467-485. . . .
        Chapter III General
        486. Interpretation for Part XVIII generally.
        487. Extent of Part XVIII.
        Part XIX Receivers and Managers (England and Wales)
        488-500. . . .
        Part XX Winding Up of Companies Registered Under this Act or the Former Companies Acts
        Chapters I-V . . .
        501-650 . . .
        Chapter VI Matters Arising Subsequent to Winding Up
        Chapter VII Miscellaneous Provisions About Winding Up
        659-662. . . .
        663. . . .
        664. . . .
        Part XXI
        665-674. . . .
        Part XXII Bodies Corporate Subject, or Becoming Subject, to this Act (Otherwise than by Original Formation Under Part I)
        Chapter I Companies Formed or Registered under Former Companies Acts
        Chapter II Companies not Formed under Companies Legislation, but Authorised to Register
        Part XXIII Oversea Companies
        Chapter I Registration, Etc.
        Chapter II Delivery of Accounts and Reports
        Chapter III Registration of Charges
        [703A. Introductory provisions.]
        [703B. Charges requiring registration.]
        [703C. The register.]
        [703D. Company's duty to deliver particulars of charges for registration.]
        [703E. Registrar to whom particulars, &c. to be delivered.]
        [703F. Effect of failure to deliver particulars, late delivery and effect of errors and omissions.]
        [703G. Delivery of further particulars or memorandum.]
        [703H. Further provisions with respect to voidness of charges.]
        [703I. Additional information to be registered.]
        [703J. Copies of instruments and register to be kept by company.]
        [703K. Power to make further provision by regulations.]
        [703L. Provisions as to situation of property.]
        [703M. Other supplementary provisions.]
        [703N. Index of defined expressions.]
        CHAPTER IV WINDING UP ETC.
        Part XXIV The Registrar of Companies, His Functions and Offices
        704. Registration offices.
        705. Companies' registered numbers.
        705A. Registration of branches of oversea companies.
        706. Delivery to the registrar of documents in legible form.
        707. Delivery to the registrar of documents otherwise than in legible form.
        707A. The keeping of company records by the registrar.
        707B. Delivery to the registrar using electronic communications
        708. Fees payable to registrar.
        709. Inspection, &c. of records kept by the registrar.
        710. Additional provisions about inspection.
        710A. Provision and authentication by registrar of documents in non-legible form.
        710B. Documents relating to Welsh companies.
        711. Public notice by registrar of receipt and issue of certain documents.
        711A. Exclusion of deemed notice.
        712. Removal of documents to Public Record Office.
        713. Enforcement of company's duty to make returns.
        714. Registrar's index of company and corporate names.
        715. Destruction of old records.
        715A. Interpretation.
        Part XXV Miscellaneous and Supplementary Provisions
        716. Prohibition of partnerships with more than 20 members.
        717. Limited partnerships: limit on number of members.
        718. Unregistered companies.
        719. Power of company to provide for employees on cessation or transfer of business.
        720. Certain companies to publish periodical statement.
        721. Production and inspection of books where offence suspected.
        722. Form of company registers, etc.
        723. Use of computers for company records.
        723A. Obligations of company as to inspection of registers, &c.
        723B Confidentiality orders
        723C Effect of confidentiality orders
        723D Construction of sections 723B and 723C
        723E Sections 723B and 723C: offences
        723F Regulations under sections 723B to 723E
        724. . . .
        725. Service of documents.
        726. Costs and expenses in actions by certain limited companies.
        727. Power of court to grant relief in certain cases.
        728. Enforcement of High Court orders.
        729. Annual report by Secretary of State.
        730. Punishment of offences.
        730A. Meaning of "officer in default"
        731. Summary proceedings.
        732. Prosecution by public authorities.
        733. Offences by bodies corporate.
        734. Criminal proceedings against unincorporated bodies.
        Part XXVI Interpretation
        735. "Company", etc.
        735A. Relationship of this Act to Insolvency Act.
        735B. Relationship of this Act to Parts IV and V of the Financial Services Act 1986.
        736. "Subsidiary","holding company" and"wholly-owned subsidiary".
        736A. Provisions supplementing s. 736.
        736B. Power to amend ss. 736 and 736A.
        737. "Called-up share capital".
        738. "Allotment" and"paid up".
        739. "Non-cash asset".
        740. "Body corporate" and"corporation".
        741. "Director" and"shadow director".
        742. Expressions used in connection with accounts.
        742A. Meaning of"offer to the public"
        742B Meaning of"banking company"
        742C Meaning of"insurance company" and"authorised insurance company"
        743. "Employees' share scheme".
        743A. Meaning of"office copy" in Scotland.
        744. Expressions used generally in this Act.
        744A. Index of defined expressions.
        Part XXVII Final Provisions
        745. Northern Ireland.
        746. Commencement.
        747. Citation.
        Schedules
        SCHEDULE 1
        SCHEDULE 2 Interpretation of References to"Beneficial Interest"
        SCHEDULE 3 Mandatory Contents of Prospectus
        Part I Matters to be Stated
        Part II Auditors' and accountants' reports to be set out in prospectus
        SCHEDULE 4 Form and Content of Company Accounts
        SCHEDULE 4A Form and Content of Group Accounts
        SCHEDULE 5 Disclosure of Information: Related Undertakings
        SCHEDULE 6 Disclosure of information: emoluments and other benefits of directors and others
        SCHEDULE 7 Matters to be Dealt With in Directors' Report
        SCHEDULE 7ZA Operating and financial review
        SCHEDULE 7A DIRECTORS' REMUNERATION REPORT
        SCHEDULE 7B Specified persons, descriptions of disclosures etc. for the purposes of section 245G
        SCHEDULE 8 FORM AND CONTENT OF ACCOUNTS PREPARED BY SMALL COMPANIES
        SCHEDULE 8A FORM AND CONTENT OF ABBREVIATED ACCOUNTS OF SMALL COMPANIES DELIVERED TO REGISTRAR
        SCHEDULE 9 Special Provisions for Banking and Insurance Companies and Groups
        SCHEDULE 9A Form and Content of Accounts of Insurance Companies and Groups
        SCHEDULE 10
        SCHEDULE 10A Parent and Subsidiary Undertakings: Supplementary Provisions
        SCHEDULE 11 Modifications of Part VIII Where Company's Accounts Prepared in Accordance with Special Provisions for Banking or Insurance Companies
        SCHEDULE 12 . . .
        SCHEDULE 13 Provisions Supplementing and Interpreting Sections 324 to 328
        Part I Rules for Interpretation of the Sections and also Section 346(4) and (5)
        Part II Periods Within Which Obligations Imposed By Section 324 Must Be Fulfilled
        Part III Circumstances in Which Obligation Imposed by Section 324 is not Discharged
        Part IV Provisions with Respect to Register of Directors' Interests to be Kept Under Section 325
        SCHEDULE 14 Overseas Branch Registers
        SCHEDULE 15 . . .
        Schedule 15A Written Resolutions of Private Companies
        SCHEDULE15B PROVISIONS SUBJECT TO WHICH SS. 425-427 HAVE EFFECT IN THEIR APPLICATION TO MERGERS AND DIVISIONS OF PUBLIC COMPANIES
        SCHEDULE 15C Specified persons
        SCHEDULE 15D Disclosures
        SCHEDULE 16 . . .
        SCHEDULES 17-19 . . .
        SCHEDULE 20 Vesting of Disclaimed Property; Protection of Third Parties
        SCHEDULE 21 Effect of Registration under section 680
        SCHEDULE 21A BRANCH REGISTRATION UNDER THE ELEVENTH COMPANY LAW DIRECTIVE (89/666/EEC)
        SCHEDULE 21B CHANGE IN REGISTRATION REGIME: TRANSITIONAL PROVISIONS
        SCHEDULE 21C DELIVERY OF REPORTS AND ACCOUNTS: CREDIT AND FINANCIAL INSTITUTIONS TO WHICH THE BANK BRANCHES DIRECTIVE (89/117/EEC) APPLIES
        SCHEDULE 21D DELIVERY OF REPORTS AND ACCOUNTS: COMPANIES TO WHICH THE ELEVENTH COMPANY LAW DIRECTIVE APPLIES
        SCHEDULE 22 Provisions of this Act applying to Unregistered Companies
        SCHEDULE 23 Form of Statement to be published by certain companies under section 720
        SCHEDULE 24 Punishment of Offences Under this Act
        SCHEDULE 25 Companies Act 1981, Section 38, as Originally Enacted

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