Who authorised the changes brought about by the Companies Act 2006?
A. The government established the Company Law Review Group in 1998 to consider in detail how company law could be modernised. The Company Law Review recommendations became the blueprint for the reforms proposed in the Company Law Reform White Paper issued in March 2005. Following consultation, the White Paper proposals evolved into a draft Bill which was then debated during its passage through Parliament. Finally, the Bill received Royal Assent (official approval) on 8th November 2006.
