Gibraltar: a new Companies Act

Elections were held in Gibraltar earlier this month (see here, pdf) and a new Government, a coalition between the Socialist Labour Party and Liberals, was formed. In the joint SLP/Liberal manifesto - available here (pdf) - a pledge was made to replace the Companies Act (1930) as soon as possible with a revised and consolidated Act. The Government announced this week that it had "given instructions for the preparation of a draft bill to replace the Companies Act": see here (pdf).