October 2008 provisions delayed by a year
On Wednesday 7 November, the Government announced that most of the changes previously scheduled for 1 October 2008 are to be delayed till 1 October 2009.
A summary and guidance on the key provisions that came into force on 1 October 2007.
On 28 February 2007 Margaret Hodge, Minister for Industry and the Regions, announced the implementation timetable for the Companies Act 2006.
One of the fundamental changes between the 1985 Act and the Act is the codification of directors’ duties.
The Act introduces a new regime enabling companies to communicate with their stakeholders electronically.
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