keep REPEALS COMING INTO FORCE ON 1ST OCTOBER 2009
This Order brings into force substantial portions of the Companies Act 2006 on 1st October 2009, including provisions on company formation, constitution, directors, share capital, and administration. It defines 'existing companies' (formed under the 1985 Act) and 'transitional companies', contains detailed transitional provisions and savings in Schedule 2, revokes schedules from previous commencement orders that are no longer needed, and establishes rules for prosecuting offenses committed partly before and partly after the commencement date.
This is a transitional administrative instrument that ensures orderly legal transition from the Companies Act 1985 regime to the 2006 Act. Deleting it would create regulatory uncertainty and a legal vacuum during the transition period, leaving companies without clear rules about which law applies. The transitional provisions and savings actually benefit existing companies by allowing continued operation under prior rules where appropriate rather than requiring immediate full compliance. Without this order, offenses committed during the transition period could not be properly prosecuted.