Regulation 9 Transitional provisions and savings
(1) The figure of €57,100 in regulation 2 is to be read as €65,600 where that regulation applies for any of the purposes in paragraph (2).
(2) The purposes are -
(a) to determine whether the nominal value of a public company's allotted share capital is less than the authorised minimum for the purposes of an application for a trading certificate under section 761 where the application was received by the registrar before 1st October 2009;
(b) to determine for the purposes of section 91(1)(a) whether the nominal value of a private company's allotted share capital is less than the authorised minimum in a case where the special resolution that the company should be re-registered as a public company was passed before 1st October 2009 [See S.I. 2008/2860 (C. 126), Schedule 2, paragraph 22(1) and (5).];
(c) to determine whether, for the purposes of section 139 of the Companies Act 1985 or Article 149 of the Companies (Northern Ireland) Order 1986 [See S.I. 2008/2860 (C. 126), Schedule 2, paragraph 68.], the effect of a reduction of share capital is to bring the nominal value of a company's allotted share capital below the authorised minimum;