| Crown Copyright Acknowledged | | PART I: PRELIMINARY | | |
Short title, collective citation and construction.
1.—
(1) This Act may be cited as the Companies Act, 1990 .
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(2) This Act and the Companies Acts, 1963 to 1986, may be cited together as the Companies Acts, 1963 to 1990. |
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(3) The Companies Acts, 1963 to 1986, and this Act shall be construed together as one Act. | |
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Commencement. |
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2.—
This Act shall come into operation on such day or days as may be fixed therefor by order or orders of the Minister, either generally or with reference to a particular purpose or provision, and different days may be so fixed for different purposes and different provisions of this Act. | |
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Interpretation. |
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3.—
(1) In this Act, unless the context otherwise requires— |
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"books and documents" and "books or documents" include accounts, deeds, writings and records made in any other manner; |
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"child" includes a step-child and an adopted child and "son", "daughter" and "parent" shall be construed accordingly; |
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"the Companies Acts" means the Companies Act, 1963 , and every enactment (including this Act) which is to be construed as one with that Act; |
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"connected person" has the meaning assigned to it by section 26; |
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"contravention" includes failure to comply; |
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"daily default fine" has the meaning assigned to it by section 240 (6); |
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"the Minister" means the Minister for Industry and Commerce; |
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"prescribe" means prescribe by regulations; |
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"the Principal Act" means the Companies Act, 1963 ; |
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"recognised stock exchange" has the meaning assigned to it by subsection (2); |
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"related company" has the meaning assigned to it by section 140; |
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"shadow director" has the meaning assigned to it by section 27. |
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( 2 )
( a ) A recognised stock exchange for the purposes of any provision of the Companies Acts is an exchange prescribed by the Minister for the purposes of that section. |
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( b ) The definition of "recognised stock exchange" in paragraph ( a ) is in substitution for the definition in section 2 (1) of the Principal Act. |
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(3) The Minister may make regulations in relation to any matter referred to in this Act as prescribed or to be prescribed. |
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(4) In this Act— |
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( a ) a reference to a Part or section is to a Part or section of this Act unless it is indicated that a reference to some other enactment is intended; |
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( b ) a reference to a subsection, paragraph or subparagraph is to the subsection, paragraph or subparagraph of the provision in which the reference occurs, unless it is indicated that reference to some other provision is intended; and |
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( c ) a reference to any other enactment shall, unless the context otherwise requires, be construed as a reference to that enactment as amended by or under any other enactment, including this Act. | |
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Periods of time. |
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4.—
(1) Where the time limited by any provision of this Act for the doing of anything expires on a Saturday, Sunday or public holiday, the time so limited shall extend to and the thing may be done on the first following day that is not a Saturday, Sunday or public holiday. |
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(2) Where in this Act anything is required or allowed to be done within a number of days not exceeding six a day that is a Saturday, Sunday or public holiday shall not be reckoned in computing that number. | |
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Orders. |
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5.—
The Minister may by order revoke or amend an order made by him under any provision of this Act, other than section 2. | |
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Repeals. |
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6.—
(1) The following provisions of The Principal Act are hereby repealed - sections 147, 162 (inserted by section 6 of the Companies (Amendment) Act, 1982 ), 163, 165 to 173, 184, 294, 296, 380 and 385, and the Seventh and Tenth Schedules. |
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(2) The following provisions are also hereby repealed— |
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( a ) Regulation 8 of the European Communities (Companies) Regulations, 1973, |
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( b ) section 6 of the Companies (Amendment) Act, 1977 , and |
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( c ) section 21 of the Companies (Amendment) Act, 1986 . | |
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