Michael Reynolds Accountancy, Accountants and Business consultants, Lanark, Scotland, UK Michael Reynolds Accountancy, Accountants and Business consultants, Lanark, Scotland

News - update 2014

find out the latest developments which could affect you financially
and we will be pleased to help you with any aspect of
business financial management

New Legislation, as of January 1st, 2007

Section 349, Companies Act 1985

From 1 January 2007, the Companies Act 1985 as amended requires the company's name to appear legibly in:

(a) all its business letters,
(b) all its notices and other official publications,
(c) on all its websites,
(d) all bills of exchange, promissory notes, endorsements, cheques, orders for money or goods purporting to be signed by or on behalf of the company, and
(e) all bills of parcels, invoices, receipts, letters of credit.

Section 351, Companies Act 1985

In addition, the company's business letters, order forms and websites have to include fuller particulars, i.e.

(a) the company's place of registration and the number with which it is registered,
(b) the address of its registered office,
(c) in the case of an investment company , the fact that it is such a company, and
(d) in the case of a limited company exempt from the obligation to use the word "limited" as part of its name , the fact that it is a limited company.

All these requirements apply whether the document is in hard copy or electronic or any other form.

If you need help or advice with this legislation, please contact us here

Copyright © 2018 MRA

MRA Business Services Limited
Registered in Scotland, Company No. SC240955
Registered Office : 2 & 6 Wellgatehead, Lanark.ML11 9AA
Tel No. 01555 664650/662466
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Website Info: webmaster


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