Friday, 27 March 2015

UK: The Deregulation Act 2015

The Deregulation Bill received Royal Assent yesterday: see here. A copy of the new Act - the Deregulation Act 2015 - is available here (pdf). An explanatory memorandum has not yet been published but background information is available here. Some of the Act's provisions relate to company and insolvency law, in particular section 17 (Authorisation of insolvency practitioners), section 18 (Auditors ceasing to hold office) and section 19 (Insolvency and company law: miscellaneous).

Update (30 March 2015) - The Deregulation Act 2015 (Commencement No. 1 and Transitional and Saving Provisions) Order 2015 was made on 27 March: see here.

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