Companies Act & Legislation
| Directors' Acceptance of Gifts and Hospitality | |
|
On 1 October 2008, Section 176 of the Companies Act 2006 which creates a statutory duty of directors not to receive benefits from third parties, came into effect. |
 Adobe PDF [157k] |
| Directors' Conflicts of Interest | |
| The duties on directors to avoid conflicts of interest were implemented 0n 1 October 2008. The new legislation will require directors to be proactive in relation to the declaration of their interests, rather than reactive as in the past. | Adobe PDF [157k] |
| Directors' Duties - update October 2008 | |
| On 1 October 2007 the majority of the provisions relating to the role of company directors come into force. For the first time under UK law, directors’ duties will be codified. | Adobe PDF [242k] |
| Removing the Company Secretary | |
| When Section 270 of the Companies Act 2006 was introduced on 6 April 2008, it removed the obligation on private companies to appoint a company secretary. | Adobe PDF [157k] |
| Directors' Residential and Service Addresses | |
| The new rules on directors 'protected information', under sections 240 to 246 of the Companies Act come into effect on 1 October 2009. | Adobe PDF [168k] |
| Trading Disclosure - update October 2008 | |
|
The Companies Act (Trading Disclosure) Regulations 2008 (SI 2008 No 495), will came into effect 0n 1 October 2008. |
Adobe PDF [160k] |
| Electronic Communications | |
| The electronic regime introduced by the Companies Act 2006 allows companies more scope to initiate the use of electronic communications with shareholders. | Adobe PDF [242k] |
| The Companies Act 2006 | |
|
The Companies Act 2006 , which received royal assent on 8 November 2006, introduces reforms which will affect directors, auditors, shareholders and company secretaries of UK companies. |
Adobe PDF [243k] |
| Subsidiary Rationalisation | |
| As companies grow over the years, so too can the number of legal entities. The need therefore is to have a cost effective process for group entity management which includes periodic reviews to ensure that compliance costs are contained. |  Adobe PDF [233k] |
| Board Evaluation | |
| Board evaluations have an important role to play in ensuring that the Board achieves its full potential. Getting the right Board in place and ensuring it works well is vital to the success of any business. | Adobe PDF [157k] |
] |
|