Updated: 18th January 2021
The Companies Act 2006 is an act of parliament that currently serves as the primary source of company law in the UK. This particular act has the distinction of being the longest in the history of British Parliament, containing 1,300 sections that span over 700 pages, with a list of contents that is 59 pages long. The act also contained 16 schedules, but those have since been superseded by the Corporation Tax Act of 2009.
The provisions of the act were implemented gradually in stages, with the final provision being put into force on October 2009. Changes were made to almost every aspect of UK company law, but the following are the key components of the act:
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