The Companies Act 2006 changed the way that small private companies can run. This includes Residents Management Companies (RMCs) and Right to Manage Companies (RMCs).
RMCs and RTMs that were formed before the 2006 Act can choose to adopt parts of it if they wish. If your RMC or RTM wants to change the way they operate as a result, then we advise you to check your companys articles and seek specialist advice.
In this Advice Note, we take a look at the significant parts of Companies Act 2006 that are relevant to RMCs/RTMs. Well also look at other changes that followed.
Download the full Advice Note above...