Housing
Consultation on right to manage company articles

Consultation on right to manage company articles

Published 29 June 2009
Closing date 16 August 2009
Type(s) Consultation documents
Site Housing
Product code 09PRL05997
ISBN 9781409815853
Price Free

Summary

This consultation paper sets out how the prescribed constitutional documents for right to manage (RTM) companies have been based upon a model version of these documents contained in 1985 Companies Act.

With significant changes being made to these model documents through the 2006 Companies Act it is considered appropriate that the prescribed RTM company documentation should be updated.

This will mean that the documentation and relevant requirements for new RTM Companies will be consistent with those for new companies in general. A small further amendment is being proposed to make the voting arrangements for these companies work more fairly.

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