CHANGE TO IMPLEMENTATION TIMETABLE

Stephen Timms, Minister of State for Competitiveness, made a Written Statement to Parliament on Wednesday 7th November 2007 detailing changes to the Companies Act Implementation timetable.

The Statement explains that the commencement date for most of the provisions due to be commenced on 1 October 2008 will be put back to 1 October 2009.

Those provisions due to be commenced in April 2008 will not be affected and will go ahead as planned.

There may be a limited number of provisions that may still be commenced on 1 October 2008. The Government will make a further Statement in December setting out the final commencement timetable in the light of these discussions

Details of Stephen Timm's Statement can be found at 'Written Statement' this includes the list of provisions that may still go ahead on 1 October 2008.

The Q & A in support of the statement is at 'Questions & Answers'

A revised implementation timetable is at http://www.berr.gov.uk/bbf/co-act-2006/index.html

Further information is available on the website of the Department for Business, Enterprise and Regulatory Reform: http://www.berr.gov.uk/bbf/co-act-2006