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Steel Industry (Nationalisation) Act 2026

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Change 1

What to do with it
As published

20 Company names

(1) This section applies where a transferor under property transfer regulations is a company. (2) Property transfer regulations may specify— (a) a new name for the transferor company, and (b) the time from which the new name has effect. (3) Where a transferee in a case within subsection (1) is a company wholly owned by the Secretary of State, property transfer regulations may specify— (a) a name for the transferee company (including a name which is the same as the transferor company’s former name), and (b) the time from which the name specified by virtue of paragraph (a) has effect. (4) Where property transfer regulations make provision within subsection (2) or (3)— (a) the Secretary of State must notify the registrar of companies of the name specified by virtue of subsection (2)(a) or (3)(a) (as the case may be), (b) section 80(2) and (3) of the Companies Act 2006 (registration and issue of new certificate of incorporation) applies to the registrar, and (c) section 81(1) of that Act (date from which change of name has effect) applies as if the reference to the date on which the new certificate of incorporation is issued were a reference to the time specified by virtue of subsection (2)(b) or (3)(b) (as the case may be). (5) In this section, “the registrar of companies” has the meaning given by section 1060(3) of the Companies Act 2006.

Your change, as a redline

20 Company names

(1) This section applies where a transferor under property transfer regulations is a company. (2) Property transfer regulations may specify— (a) a new name for the transferor company, and (b) the time from which the new name has effect. (3) Where a transferee in a case within subsection (1) is a company wholly owned by the Secretary of State, property transfer regulations may specify— (a) a name for the transferee company (including a name which is the same as the transferor company’s former name), and (b) the time from which the name specified by virtue of paragraph (a) has effect. (4) Where property transfer regulations make provision within subsection (2) or (3)— (a) the Secretary of State must notify the registrar of companies of the name specified by virtue of subsection (2)(a) or (3)(a) (as the case may be), (b) section 80(2) and (3) of the Companies Act 2006 (registration and issue of new certificate of incorporation) applies to the registrar, and (c) section 81(1) of that Act (date from which change of name has effect) applies as if the reference to the date on which the new certificate of incorporation is issued were a reference to the time specified by virtue of subsection (2)(b) or (3)(b) (as the case may be). (5) In this section, “the registrar of companies” has the meaning given by section 1060(3) of the Companies Act 2006.

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