The Bill is a follow-up to the General Scheme of the Bill (General Scheme) and regulatory impact analysis that was published earlier in the year. The Bill generally follows the proposals in the General Scheme but with some changes – for example, some provisions around the Corporate Enforcement Authority (CEA) being able to exercise certain surveillance functions have not been included. It may be that such provisions will be included in subsequent legislation.
We have taken a look at some of the main provisions in the new Bill.
Corporate governance and administrative matters
The Bill seeks to place, on a permanent statutory footing, the right of companies to hold general meetings virtually or in a hybrid manner, while requiring that…
