- not found

Last EFIS release: 12/2013 (March 2013)

Form status: Deleted

The Companies Act 2006 (Amendment of Part 25) Regulations 2013 will replace Part 25 of the Companies Act 2006 on 6th April 2013.

The primary purpose of these Regulations is to give effect to Companies House's policy of providing a single scheme for the registration, satisfaction or alteration of company charges irrespective of the place of incorporation of the company. This means that in future there will be no separate filing requirements for charges created over companies registered in Scotland.

Companies House has designed new forms MR01-MR10 for companies which will replace the existing mortgage forms MG01-MG09. For the first time, there will be separate forms for registration of a charge which is created by an instrument and those charges where there is no instrument.

The new forms MR01, MR02, MR03, MR08, MR09 and MR10 can be used to register charges created on or after 6th April.

However, the existing MG forms should continue to be used in all cases where the charge was created before 6th April 2013.

The new forms MR04 and MR05 will be used for statements of satisfaction and release of charges regardless of whether or not the charge was created before 6th April.

In addition, Companies House has drafted two new forms RM01 and RM02 to replace the existing forms LQ01 and LQ02.

MR06 is a new form which is only relevant to charges created on or after 6th April. MR07 will apply to charges created before or after 6th April.

Further information can be obtained from the Companies House website www.companieshouse.gov.uk.

Company law practitioners should note that Companies House will not accept any new forms which are presented to them before 6th April.

Finally, forms CO5C and RP02A have received slight field amendments and can be used immediately.

All EFIS releases