The following provisions of the Companies Act 2006 come into force on 1st October 2008 -

(a) sections 641(1)(a) and (2) to (6) and 642 to 644 (private companies: reduction of share capital supported by solvency statement);

(b) section 654 (treatment of reserve arising from reduction of capital);

(c) the following provisions -

sections 610(2) to (4) (application to share premium account as if it were paid up share capital);

652(1) and (3) (liability of members following reduction of capital);

733(5) and (6) (application to capital redemption reserve as if it were paid up share capital),

so far as relating to a reduction of capital under the provisions mentioned in sub-paragraph (a);

(d) section 1284(1) (extension of Companies Acts to Northern Ireland) so far as necessary for the purposes of the provisions mentioned in sub-paragraphs (a) to (c);