Companies Act 2014 section 1418

Purpose of sections 1419 to 1428

Section 1418 explains the purpose of sections 1419 to 1428, which re-enact the European Communities (Corporate Insolvency) Regulations 2002, excluding provisions that relate directly to insolvency proceedings.

• Sections 1419 to 1428 re-enact the European Communities (Corporate Insolvency) Regulations 2002 (S.I. No. 333 of 2002) in primary legislation.
• The re-enactment excludes those provisions of the 2002 Regulations that deal specifically with insolvency proceedings themselves.
• This section serves as an introductory guide, signposting the reader to the detailed provisions that follow in sections 1419 to 1428.
• The effect is to place previously secondary legislation (statutory instrument) onto a firm footing within the Companies Act 2014.