Investment Funds, Companies and Miscellaneous Provisions Act 2005

Amendment of section 195 of Act of 1963.

62.—Section 195 of the Act of 1963 (inserted by the Act of 1990) is amended by inserting the following subsection after subsection (6):

“(6A) In the case of a person who is a director of more than one company (the ‘relevant companies‘) the following provisions apply—

(a) the person may send a notification in the prescribed form to the registrar of companies of a change in his or her usual residential address or of a change in his or her name and (in each case) of the date on which the change occurred,

(b) if such a notification is sent to the registrar and the relevant companies are listed in the notification as being companies of which the person is a director—

(i) each of the relevant companies shall be relieved, as respects, and only as respects, that particular change or, as the case may be, those particular changes, of the obligation under subsection (6) to send a notification of it or them to the registrar, and

(ii) the registrar may proceed to record the relevant change or changes concerning the person in relation to each of the relevant companies.”.