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EFIS 15, March 2013 : Scottish General

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The Companies Act 2006 (Amendment of Part 25) Regulations 2013 will replace Part 25 of the Companies Act 2006 on 6th April 2013.

The purpose of these Regulations is to implement Companies House's policy of creating one scheme for the registration, satisfaction or alteration of company charges irrespective of the place of incorporation of the company.

This means that in future there will no longer be separate filing requirements for charges created over companies registered in Scotland.

Companies House has designed new forms (MR01-MR10) for companies which will replace the existing mortgage forms MG01s-MG08s. For the first time, there will be separate forms for registration of a charge which is created by an instrument and those charges where there is no instrument.

However, existing forms MG01s, MG06s, MG07s and MG08s should continue to be used where a Scottish charge was created before 6th April but MG02s, MG03s, MG04s and MG05s cannot be used in any circumstances after 6th April.

Subscribers to this range should therefore use the new Companies House forms MR01-MR10 for charges created on or after 6th April which can be located within the Company range of forms.

Forms affected

MG04s Application for registration of a memorandum of satisfaction that part (or the whole) of the property charged a) has been released from the fixed charge; b) no longer forms part of the companys property for a company registered in Scotland Withdrawn
MG04s(CONT) Application for registration of a memorandum of satisfaction that part (or the whole) of the property charged a) has been released from the fixed charge; b) no longer forms part of the companys property for a company registered in Scotland - cont Withdrawn
MG01s Particulars of a charge created by a company registered in Scotland Withdrawn
MG01s(CONT) Particulars of a charge created by a company registered in Scotland - continuation page Withdrawn
MG02s Statement of satisfaction in full or in part of a fixed charge for a company registered in Scotland Withdrawn
MG02s(CONT) Statement of satisfaction in full or in part of a fixed charge for a company registered in Scotland - continuation page Withdrawn
MG03s Statement of satisfaction in full or in part of a floating charge for a company registered in Scotland Withdrawn
MG03s(CONT) Statement of satisfaction in full or in part of a floating charge for a company registered in Scotland - continuation page Withdrawn
MG05s Application for registration of a memorandum of satisfaction that part (or the whole) of the property charged a) has been released from the floating charge; b) no longer forms part of the companys property for a company registered in Scotland Withdrawn
MG05s(CONT) Application for registration of a memorandum of satisfaction that part (or the whole) of the property charged a) has been released from the floating charge; b) no longer forms part of the companys property for a company registered in Scotland - cont Withdrawn
MG06s Particulars of a charge subject to which property has been acquired by a company registered in Scotland Withdrawn
MG06s(CONT) Particulars of a charge subject to which property has been acquired by a company registered in Scotland - continuation page Withdrawn
MG07s Particulars for the registration of a charge to secure a series of debentures by a company registered in Scotland Withdrawn
MG07s(CONT) Particulars for the registration of a charge to secure a series of debentures by a company registered in Scotland - continuation page Withdrawn
MG08s Particulars of an issue of secured debentures in a series by a company registered in Scotland Withdrawn

Crown copyright forms are reproduced with the permission of the Controller of the Stationery Office. Law Society forms are reproduced with the permission of the Law Society. Legal Aid Forms are produced with the permission of the LSC.