Writing in the first issue of the Modern Law Review to appear in 1948, Professor Sir Otto Kahn-Freund (as he was to become) observed that it "... is difficult to write a comprehensive and succinct review of a statute [the Companies Act 1947] which is intended to be a series of amendments of the existing law" (full text here, pdf, at p. 81). Although now obsolete, several sections of the 1947 Act remain on the statute book but perhaps for not much longer: the Act is listed for repeal in the Law Commission's report Statute Law Repeals: Twentieth Report Draft Statute Law (Repeals) Bill, published earlier this month.
Wednesday, 10 June 2015
UK: The Companies Act 1947 - farewell
Writing in the first issue of the Modern Law Review to appear in 1948, Professor Sir Otto Kahn-Freund (as he was to become) observed that it "... is difficult to write a comprehensive and succinct review of a statute [the Companies Act 1947] which is intended to be a series of amendments of the existing law" (full text here, pdf, at p. 81). Although now obsolete, several sections of the 1947 Act remain on the statute book but perhaps for not much longer: the Act is listed for repeal in the Law Commission's report Statute Law Repeals: Twentieth Report Draft Statute Law (Repeals) Bill, published earlier this month.
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