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Statutory Instrument

The Foreign Companies (Execution of Documents) Regulations 1994

Citation
S.I. 1994/950
As at
Sections
6
Section 1Citation and commencement

These Regulations may be cited as the Foreign Companies (Execution of Documents) Regulations 1994 and shall come into force on 16th May 1994.

Section 2Application of sections 36 to 36C Companies Act 1985

Sections 36 to 36C of the Companies Act 1985 shall apply to companies incorporated outside Great Britain with the adaptations and modifications set out in regulations 3 to 6 below.

Section 3Application of sections 36 to 36C Companies Act 1985

References in the said sections 36 to 36C to a company shall be construed as references to a company incorporated outside Great Britain.

Section 4Adaptation of section 36

(1) Section 36 shall apply as if—

(a) after the words “common seal,” in paragraph (a) there were inserted “or in any manner permitted by the laws of the territory in which the company is incorporated for the execution of documents by such a company,”, and

(b) for paragraph (b) there were substituted—

(b) on behalf of a company, by any person who, in accordance with the laws of the territory in which the company is incorporated, is acting under the authority (express or implied) of that company;

Section 5Adaptation of section 36A

Section 36A shall apply as if—

(a) at the end of subsection (2) there were inserted—

, or if it is executed in any manner permitted by the laws of the territory in which the company is incorporated for the execution of documents by such a company.

(b) for subsection (4) there were substituted—

(4) A document which—

(a) is signed by a person or persons who, in accordance with the laws of the territory in which the company is incorporated, is or are acting under the authority (express or implied) of that company, and

(b) is expressed (in whatever form of words) to be executed by the company,

has the same effect in relation to that company as it would have in relation to a company incorporated in England and Wales if executed under the common seal of a company so incorporated.

(c) in subsection (6) for the words from “a director” to “directors of the company” there were substituted “a person or persons who, in accordance with the laws of the territory in which the company is incorporated, is or are acting under the authority (express or implied) of that company”.

Section 6Adaptation of section 36B

Section 36B shall apply as if—

(a) in subsection (3)(c) for the reference to “two persons”, there were substituted a reference to “a person”,

(b) in subsection (6)(c), for the reference to “two persons”, there were substituted a reference to “a person”, and

(c) at the end of subsection (7) there were inserted—

and any reference in this section to a person authorised to sign or to subscribe a document on behalf of a company is a reference to a person who, in accordance with the laws of the territory in which the company is incorporated, is acting under the authority (express or implied) of that company

6 sections

Cite this legislation

The Foreign Companies (Execution of Documents) Regulations 1994 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1994-950

Contains public sector information licensed under the Open Government Licence v3.0.

OGL-3

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