A Manager's Guide to the Companies Act 1980

Abstract

Following a seven year period in which there were two general elections, three Companies Bills and various amendments, together with much debate, the Companies Act 1980 finally received the Royal Assent on 1 May 1980. One of the principal reasons for this Act is that it forms the first stage towards the harmonisation of UK company law with that of other member countries of the European Economic Community. In addition to the implementation of the EEC Second Directive on Company Law (Parts I, II and III of the Act), the Act also contains some other quite significant and important changes in UK company law dealing with the conduct of directors (Part IV of the Act) and insider dealing (Part V of the Act). (See Box A).

Citation

Chadwick, L. and Dobbins, R. (1981), "A Manager's Guide to the Companies Act 1980", Managerial Law, Vol. 23 No. 2, pp. i-20. https://doi.org/10.1108/eb022392