Companies Act 2014 section 1226

Application of Chapters 1, 2 and 4 of Part 23 to CLGs

Section 1226 confirms that certain provisions of Part 23 relating to acquisitions, mergers, and divisions apply to companies limited by guarantee (CLGs), to the extent those provisions are relevant to non-PLC companies.

  • Chapters 1, 2, and 4 of Part 23 of the Companies Act 2014 are extended to apply to CLGs.
  • These chapters cover acquisitions, mergers, and divisions of companies respectively.
  • The application is limited to those provisions that are relevant to companies other than public limited companies (PLCs).
  • Any rules within those chapters that are specific to PLCs do not carry across to CLGs.

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