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06/09/2009

For those advising on commonhold

On 1st October the Commonhold (Amendment) Regulations 2009 will come into force. The amendments tidy up the law of commonhold associations so that they are compatible with the new law on company constitutions introduced by the Companies Act 2006 which comes into force at the same time.

There is very little to see here. The key points are that when advising on a new commonhold association’s articles they will be in the form schedule to the amendment regulations and there will be no memorandum of association (a part of company law that will be slowly consigned to history).

If any readers do deal with commonhold I would be very interested to hear it. I suspect that very few if any do, but for completeness I thought I ought to mention this change. No sense using an out of date precedent.

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