The Pharmaceutical Journal
Vol 277 No 7432 p760
23/30 December 2006

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News summary

Company law to change with approval of Companies Bill

The Companies Bill received Royal Assent last month and introduces changes to simplify and improve UK company law.

Provisions to allow businesses to use electronic communications to shareholders rather than paper will be introduced in January 2007.

Benefits for private companies include no need to have a company secretary or to hold an annual general meeting.