COMPANIES ACT (NORTHERN IRELAND) 1960

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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 403

1907 c.50

403. Subs.(1) rep. by SLR 1973

(2) Subject to sub-section (3), nothing in this Act shall affect any Order in
Council, order, rule, regulation, appointment, conveyance, mortgage, deed or
agreement made, resolution passed, direction given, proceeding taken,
instrument issued or thing done under any
former enactment relating to companies, but any such Order in Council, order,
rule, regulation, appointment, conveyance, mortgage, deed, agreement,
resolution, direction, proceeding, instrument or thing shall, if in force at
the commencement of this Act, continue in force, and so far as it could have
been made, passed, given, taken, issued or done under this Act shall have
effect as if made, passed, given, taken, issued or done under this Act.

Subs.(3)(4) spent; subs.(5) rep. by 1978 NI12 art.153(2) sch.7; subs.(6)(8)
spent

(9) Nothing in this Act shall affect

(a)section five of the Trade Union Act, 1871 (which avoids the registration of
a trade union under the enactments relating to companies);

(b)the provisions of.... any.... enactment (not being one expressly repealed
by this Act) relating to preferential payments or of regulations so relating
having effect under any enactment;

(c)sub-section (2) of section eight of the Exchange Control Act, 1947 (which
invalidates the subscription of the memorandum of association of a company by
or on behalf of a person resident outside the scheduled territories as defined
for the purposes of that Act, unless the subscription is with the permission
of the Treasury);

Para.(d) rep. by 1978 NI12 art.153(2) sch.7

(10) Any document referring to any former enactment relating to companies
shall be construed as referring to the corresponding enactments of this Act.

(11) Any person appointed to any office under or by virtue of any
former enactment relating to companies shall be deemed to have been appointed
to that office under or by virtue of this Act.

(12) Any register kept under any former enactment relating to companies shall
be deemed part of the register to be kept under the corresponding provisions
of this Act.

(13) All funds and accounts constituted under this Act shall be deemed to be
in continuation of the corresponding funds and accounts constituted under the
former enactments relating to companies.

(14) Nothing in this Act shall affect

(a)the incorporation of any company registered under any enactment hereby
repealed;

(b)Table B in the Schedule annexed to the Joint Stock Companies Act, 1856, or
any part thereof, so far as the same applies to any company existing at the
commencement of this Act;

(c)Table A in the First Schedule annexed to the Companies Act, 1862, or any
part thereof, either as originally contained in that Schedule or as altered in
pursuance of section seventy-one of that Act, so far as the same applies to
any company existing at the commencement of this Act;

(d)Table A in the First Schedule to the Companies (Consolidation) Act, 1908,
or any part thereof, either as originally contained in that Schedule or as
altered in pursuance of section one hundred and eighteen of that Act, so far
as the same applies to any company existing at the commencement of this Act;

(e)Table A in the First Schedule to the Companies Act (Northern Ireland),
1932, or any part thereof, so far as the same applies to any company existing
at the commencement of this Act.

(15) Where any offence, being an offence for the continuance of which a
penalty was provided, has been committed under any
former enactment relating to companies, proceedings may be taken under
this Act in respect of the continuance of the offence after the commencement
of this Act, in the same manner as if the offence had been committed under the
corresponding provisions of this Act.

(16) In this section "former enactment relating to companies" means the
Companies Act (Northern Ireland), 1932, and any enactment repealed by that Act
or by the Companies (Consolidation) Act, 1908.

S.404 spent

1862 c.89

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Northern Irish Legislation

COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 403