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Transition period for Sole Corporate Directors to end on 1 October 2010

Since 1 October 2007 every company must have at least one director that is a natural person.  The Companies Act 2006 (Commencement No. 5, Transitional Provisions and Savings) Order 2007 permitted a company which had a company as its sole director on 8 November 2006 a transition period to appoint a natural person as a director.  This transition period comes to an end on 1 October 2010.

Please note that this information is provided for general knowledge only and therefore specific advice should be sought for individual cases.

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