Section 354 | Power to limit or extend the types of company to which provisions of this Chapter apply

(1)The Secretary of State may by regulations—

(a)limit the types of company to which some or all of the provisions of this Chapter apply, or

(b)extend some or all of the provisions of this Chapter to additional types of company.

(2)Regulations under this section extending the application of any provision of this Chapter are subject to affirmative resolution procedure.

(3)Any other regulations under this section are subject to negative resolution procedure.

(4)Regulations under this section may—

(a)amend the provisions of this Chapter (apart from this section);

(b)repeal and re-enact provisions of this Chapter with modifications of form or arrangement, whether or not they are modified in substance;

(c)contain such consequential, incidental and supplementary provisions (including provisions amending, repealing or revoking enactments) as the Secretary of State thinks fit.