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Updating to the new Companies Act 2006 Articles of Association
The Companies Act 2006 introduces one of the most fundamental changes in company law for many years by replacing the previous Memorandum & Articles of Association based on Table A Regulations with what is now simply the Articles of Association. Table A regulations cease to exist and are replaced by the Model Articles prescribed in the Act, and the Memorandum now contains nothing more than a statement of intent to register a company and is a historic document of no further value following the incorporation of a company.
Though perfectly serviceable, the model articles prescribed in the Act are not as comprehensive as they could be, particulary with regard to best practice and company management
So whats been left out of the Model Articles? For this reason, ACRA members have access to bespoke Articles of Association that are fully compliant, more comprehensive and equipped to enable companies to benefit from the new Act to their full advantage. ACRA approved Articles are prepared by senior lawyers with ovver 20 years experience as members of the Law Society Standing Committee on Company Law. As members of ACRA we are pleased to offer you the opportunity to adopt the new bespoke Articles. The fee for this is 40.00 + VAT per company . We can also provide discounts for larger volumes of companies. for more information call us now on 01883 625077 |