The Companies House Trading Fund (Amendment) Order 2009

• Citation: S.I. 2009/2622
• Sections: 2

Section 1

This Order may be cited as the Companies House Trading Fund (Amendment) Order 2009 and comes into force immediately after it is made.

Section 2

(1) The Companies House Trading Fund Order 1991 is amended as follows.

(2) In article 2—

(a) after the definition of “the Act of 1973” insert—

“the additional funded operations” means—

the operations described in paragraphs 1, 2 and 4 of Schedule 1 to this Order when carried on in exercise of the functions of the registrar of companies for Northern Ireland in accordance with the Companies Act 2006, and

without prejudice to paragraph (a), the performance by the registrar of companies for Northern Ireland of any function imposed upon him by law as at 1st October 2009 and the performance of any functions performed as at that date by any officer employed within Companies House which immediately before it had been entrusted to that officer had been functions of the Department of Enterprise, Trade and Investment for Northern Ireland;

(b) in the definition of “the registrar of companies”, for “the Companies Act 1985” substitute “the Companies Act 2006”.

(3) At the end of article 3 insert “and as from the time of the coming into force of the Companies House Trading Fund (Amendment) Order 2009 those operations are extended to include the additional funded operations”.

(4) After article 5(1) insert—

(1A) As from the time of the coming into force of the Companies House Trading Fund (Amendment) Order 2009 there shall be additionally appropriated—

(a) as assets of the fund the following Crown assets, namely—

(i) the register of companies for Northern Ireland;

(ii) current assets as at that time used or allocated for use in, or arising from, the additional funded operations; and

(b) as liabilities of the fund the following Crown liabilities, namely creditors as at that time arising from the additional funded operations.