Subjects:

Company Law

Major changes for all areas of company law and practice: the Act makes it easier to set up and run a company, with key benefits for small companies and increased statutory responsibilities for company directors expected.

Changes will affect directors' duties; shareholders; accounts and audits; and the registration of directors with Companies House.

Explanatory Notes (ENs) break down legislation clause by clause, clarifying anything ambiguous. The Companies Act 2006: Explanatory Notes are a valuable resource for those needing a clear comprehensive understanding of the legislation.