Companies Act 2006 | CG Inc.

The Companies Act 2006: An Act of the UK Parliament the source of UK company law

The Companies Act 2006 is an Act of the Parliament of the United Kingdom which forms the primary source of UK company law. It had the distinction of being the longest in British Parliamentary history: with 1,300 sections and covering nearly 700 pages, and containing 16 schedules. The Act was brought into force in stages, with the final provision being commenced on 1 October 2009. It superseded the Companies Act 1985.

The Act provides a comprehensive code of company law for the United Kingdom, and made changes to almost every facet of the law in relation to companies. The key provisions are:

The Act codifies certain existing common law principles, such as those relating to directors' duties.

It implements the European Union's Takeover and Transparency Obligations Directives.

It introduces various new provisions for private and public companies.

It applies a single company law regime across the United Kingdom, replacing the two separate (if identical) systems for Great Britain and Northern Ireland.

It otherwise amends or restates almost all of the Companies Act 1985 to varying degrees.

This app makes the entire Companies Act available and easily navigable offline.