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Company Law Reform Bill [HL]


Company Law Reform Bill [HL]
Part 29 — The registrar of companies

370

 

(5)   

The notice must—

(a)   

state what material the registrar proposes to remove, or has removed,

and on what grounds, and

(b)   

state the date on which it is issued.

748     

Rectification of register on application to registrar

5

(1)   

The Secretary of State may make provision by regulations requiring the

registrar, on application, to remove from the register material of a description

specified in the regulations that—

(a)   

derives from anything invalid or ineffective or that was done without

the authority of the company, or

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(b)   

is factually inaccurate, or is derived from something that is factually

inaccurate or forged.

(2)   

The regulations may make provision as to—

(a)   

who may make an application,

(b)   

the information to be included in and documents to accompany an

15

application,

(c)   

the notice to be given of an application and of its outcome,

(d)   

a period in which objections to an application may be made, and

(e)   

how an application is to be determined.

(3)   

An application must—

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(a)   

specify what is to be removed from the register and indicate where on

the register it is, and

(b)   

be accompanied by a statement that the material specified in the

application complies with this section and the regulations.

(4)   

If no objections are made to the application, the registrar may accept the

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statement as sufficient evidence that the material specified in the application

should be removed from the register.

(5)   

Where anything is removed from the register under this section the

registration of which had legal consequences as mentioned in section 747(3),

any person appearing to the court to have a sufficient interest may apply to the

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court for such consequential orders as appear just with respect to the legal

effect (if any) to be accorded to the material by virtue of its having appeared on

the register.

(6)   

Regulations under this section are subject to affirmative resolution procedure.

749     

Rectification of the register under court order

35

(1)   

The registrar shall remove from the register any material—

(a)   

that derives from anything that the court has declared to be invalid or

ineffective, or to have been done without the authority of the company,

or

(b)   

that a court declares to be factually inaccurate, or to be derived from

40

something that is factually inaccurate, or forged,

   

and that the court directs should be removed from the register.

(2)   

The court order must specify what is to be removed from the register and

indicate where on the register it is.

 
 

Company Law Reform Bill [HL]
Part 29 — The registrar of companies

371

 

(3)   

The court must not make an order for the removal from the register of anything

the registration of which had legal consequences as mentioned in section 747(3)

unless satisfied—

(a)   

that the presence of the material on the register has caused, or may

cause, damage to the company, and

5

(b)   

that the company’s interest in removing the material outweighs any

interest of other persons in the material continuing to appear on the

register.

(4)   

Where in such a case the court does make an order for removal, it may make

such consequential orders as appear just with respect to the legal effect (if any)

10

to be accorded to the material by virtue of its having appeared on the register.

(5)   

A copy of the court’s order must be sent to the registrar for registration.

(6)   

This section does not apply where the court has other, specific powers to deal

with the matter, for example under—

(a)   

the provisions of Part 15 of this Act relating to the revision of defective

15

accounts and reports, or

(b)   

section 404 or 420 of the Companies Act 1985 (rectification of the

register of charges).

750     

Powers of court on ordering removal of material from the register

(1)   

Where the court makes an order for the removal of anything from the register

20

under section 749 (rectification of the register), it may give directions under

this section.

(2)   

It may direct that any note on the register that is related to the material that is

the subject of the court’s order shall be removed from the register.

(3)   

It may direct that its order shall not be available for public inspection as part of

25

the register.

(4)   

It may direct—

(a)   

that no note shall be made on the register as a result of its order, or

(b)   

that any such note shall be restricted to such matters as may be

specified by the court.

30

(5)   

The court shall not give any direction under this section unless it is satisfied—

(a)   

that—

(i)   

the presence on the register of the note or, as the case may be, of

an unrestricted note, or

(ii)   

the availability for public inspection of the court’s order,

35

   

may cause damage to the company, and

(b)   

that the company’s interest in non-disclosure outweighs any interest of

other persons in disclosure.

751     

Public notice of removal of certain material from the register

(1)   

The registrar must cause to be published—

40

(a)   

in the Gazette, or

(b)   

in accordance with section 769 (alternative means of giving public

notice),

 
 

Company Law Reform Bill [HL]
Part 29 — The registrar of companies

372

 

   

notice of the removal from the register of any document subject to the Directive

disclosure requirements (see section 731) or of any material derived from such

a document.

(2)   

The notice must state the name and registered number of the company, the

description of document and the date of receipt.

5

The registrar’s index of company names

752     

The registrar’s index of company names

(1)   

The registrar of companies must keep an index of the names of the companies

and other bodies to which this section applies.

   

This is “the registrar’s index of company names”.

10

(2)   

This section applies to—

(a)   

companies as defined by section 1 of this Act;

(b)   

companies registered under the Companies Acts by virtue of section

694 (companies not formed under the Companies Acts but able to

register);

15

(c)   

any body to which any provision of the Companies Acts applies by

virtue of regulations under section 698 (unregistered companies); and

(d)   

overseas companies that have registered particulars with the registrar

under Part 28, other than companies that appear to the registrar not to

be required to do so.

20

(3)   

This section also applies to—

(a)   

limited partnerships registered in the United Kingdom;

(b)   

limited liability partnerships incorporated in the United Kingdom;

(c)   

European Economic Interest Groupings registered in the United

Kingdom;

25

(d)   

open-ended investment companies authorised in the United Kingdom;

(e)   

societies registered under the Industrial and Provident Societies Act

1965 (c. 12) or the Industrial and Provident Societies Act (Northern

Ireland) 1969 (c. 24 (N.I.)).

(4)   

The Secretary of State may by order amend subsection (3)—

30

(a)   

by the addition of any description of body;

(b)   

by the deletion of any description of body.

(5)   

Any such order is subject to negative resolution procedure.

753     

Right to inspect index

   

Any person may inspect the registrar’s index of company names.

35

754     

Power to amend enactments relating to bodies other than companies

(1)   

The Secretary of State may by regulations amend the enactments relating to

any description of body for the time being within section 752(3) (bodies other

than companies whose names are to be entered in the registrar’s index), so as

to—

40

 
 

Company Law Reform Bill [HL]
Part 29 — The registrar of companies

373

 

(a)   

require the registrar to be provided with information as to the names of

bodies registered, incorporated, authorised or otherwise regulated

under those enactments, and

(b)   

make provision in relation to such bodies corresponding to that made

by—

5

section 67 (company name not to be the same as another in the

index), and

sections 68 and 69 (power to direct change of company name in

case of similarity to existing name).

(2)   

Regulations under this section are subject to affirmative resolution procedure.

10

Language requirements: translation

755     

Application of language requirements

(1)   

The provisions listed below apply to all documents required to be delivered to

the registrar under any provision of—

(a)   

the Companies Acts, or

15

(b)   

the Insolvency Act 1986 (c. 45) or the Insolvency (Northern Ireland)

Order 1989 (S.I. 1989/2405 (N.I. 19)).

(2)   

The Secretary of State may make provision by regulations applying all or any

of the listed provisions, with or without modifications, in relation to

documents delivered to the registrar under any other enactment.

20

(3)   

The provisions are—

section 756 (documents to be drawn up and delivered in English),

section 757 (documents relating to Welsh companies),

section 758 (documents that may be drawn up and delivered in other

languages),

25

section 760 (certified translations).

(4)   

Regulations under this section are subject to the negative resolution procedure.

756     

Documents to be drawn up and delivered in English

(1)   

The general rule is that all documents required to be delivered to the registrar

must be drawn up and delivered in English.

30

(2)   

This is subject to—

section 757 (documents relating to Welsh companies) and

section 758 (documents that may be drawn up and delivered in other

languages).

757     

Documents relating to Welsh companies

35

(1)   

Documents relating to a Welsh company may be drawn up and delivered to

the registrar in Welsh.

(2)   

On delivery to the registrar any such document must be accompanied by a

certified translation into English, unless it is—

(a)   

of a description excepted from that requirement by regulations made

40

by the Secretary of State, or

 
 

Company Law Reform Bill [HL]
Part 29 — The registrar of companies

374

 

(b)   

in a form prescribed in Welsh (or partly in Welsh and partly in English)

by virtue of section 26 of the Welsh Language Act 1993 (c. 38).

(3)   

Where a document is properly delivered to the registrar in Welsh without a

certified translation into English, the registrar must obtain such a translation if

the document is to be available for public inspection.

5

   

The translation is treated as if delivered to the registrar in accordance with the

same provision as the original.

(4)   

A Welsh company may deliver to the registrar a certified translation into

Welsh of any document in English that relates to the company and is or has

been delivered to the registrar.

10

(5)   

Section 758 (which requires certified translations into English of documents

delivered to the registrar in another language) does not apply to a document

relating to a Welsh company that is drawn up and delivered in Welsh.

758     

Documents that may be drawn up and delivered in other languages

(1)   

Documents to which this section applies may be drawn up and delivered to the

15

registrar in a language other than English, but when delivered to the registrar

they must be accompanied by a certified translation into English.

(2)   

This section applies to—

(a)   

agreements required to be forwarded to the registrar under Chapter 3

of Part 3 of this Act (agreements affecting the company’s constitution);

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(b)   

documents required to be delivered under section 382(2)(e) or section

383(2)(f) (company included in accounts of larger group: required to

deliver copy of group accounts);

(c)   

instruments or copy instruments required to be delivered under Part 12

of the Companies Act 1985 (c. 6) (registration of charges);

25

(d)   

documents of any other description specified in regulations made by

the Secretary of State.

(3)   

Regulations under this section are subject to negative resolution procedure.

759     

Voluntary filing of translations

(1)   

A company may deliver to the registrar one or more certified translations of

30

any document relating to the company that is or has been delivered to the

registrar.

(2)   

The Secretary of State may by regulations specify—

(a)   

the languages, and

(b)   

the descriptions of document,

35

   

in relation to which this facility is available.

(3)   

The regulations must provide that it is available as from 1st January 2007—

(a)   

in relation to all the official languages of the European Union, and

(b)   

in relation to all documents subject to the Directive disclosure

requirements (see section 731).

40

(4)   

The power of the registrar to impose requirements as to the form and manner

of delivery includes power to impose requirements as to the identification of

the original document and the delivery of the translation in a form and manner

enabling it to be associated with the original.

 
 

Company Law Reform Bill [HL]
Part 29 — The registrar of companies

375

 

(5)   

Regulations under this section are subject to negative resolution procedure.

(6)   

This section does not apply where the original document was delivered to the

registrar before this section came into force.

760     

Certified translations

(1)   

In this Part a “certified translation” means a translation certified to be a correct

5

translation.

(2)   

In the case of any discrepancy between the original language version of a

document and a certified translation—

(a)   

the company may not rely on the translation as against a third party,

but

10

(b)   

a third party may rely on the translation unless the company shows that

the third party had knowledge of the original.

(3)   

A “third party” means a person other than the company or the registrar.

Language requirements: transliteration

761     

Transliteration of names and addresses: permitted characters

15

(1)   

Names and addresses in a document delivered to the registrar must contain

only letters, characters and symbols (including accents and other diacritical

marks) that are permitted.

(2)   

The Secretary of State may make provision by regulations—

(a)   

as to the letters, characters and symbols (including accents and other

20

diacritical marks) that are permitted, and

(b)   

permitting or requiring the delivery of documents in which names and

addresses have not been transliterated into a permitted form.

(3)   

Regulations under this section are subject to negative resolution procedure.

762     

Transliteration of names and addresses: voluntary transliteration into Roman

25

characters

(1)   

Where a name or address is or has been delivered to the registrar in a permitted

form using other than Roman characters, the company may deliver to the

registrar a transliteration into Roman characters.

(2)   

The power of the registrar to impose requirements as to the form and manner

30

of delivery includes power to impose requirements as to the identification of

the original document and the delivery of the transliteration in a form and

manner enabling it to be associated with the original.

763     

Transliteration of names and addresses: certification

(1)   

The Secretary of State may make provision by regulations requiring the

35

certification of transliterations and prescribing the form of certification.

(2)   

Different provision may be made for compulsory and voluntary

transliterations.

(3)   

Regulations under this section are subject to negative resolution procedure.

 
 

 
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