Statutory Instruments
2009 No. 3022
Companies
The Companies Act 2006 (Amendment of Section 413) Regulations 2009
Made
12th November 2009
Laid before Parliament
16th November 2009
Coming into force
23rd December 2009
The Secretary of State, in exercise of the powers conferred by sections 468(1) and (2) and 1292(1)(c) of the Companies Act 2006( 1 ), makes the following Regulations:
Citation, commencement and application
1. —(1) These Regulations may be cited as the Companies Act 2006 (Amendment of Section 413) Regulations 2009 and come into force on 23rd December 2009.
(2) They apply in relation to financial years which end on or after 23rd December 2009.
Amendment of section 413
2. In section 413(8) of the Companies Act 2006(banking companies: information about directors’ benefits: advances, credit and guarantees), for “subsections (3)(a) and (4)(b)” substitute “subsection (5)(a) and (c)”.
Ian Lucas
Minister for Business and Regulatory Reform,
Department for Business, Innovation and Skills
12th November 2009