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The Companies Act 2014
The Companies Act 2014 comes into effect on 1 June 2015. This act will repeal all existing company law statutes and the majority of related statutory instruments. The main areas of change under the Act relate to registered companies and tackles areas such as the formation, administration, winding-up and dissolution of companies. The Act also seeks to codify the protection of shareholders and creditors and also to put the common law duties and other additional duties of company directors on a statutory footing. To learn more about the changes the Companies Act 2014 brings to your company and your business, talk to us today.