Amendments to the Companies Act; Act LX of 2021

Having been tabled to the House of Representatives, Bill 233 of 2021 has recently come into effect by virtue of Act LX of 2021 (hereinafter referred to as the “Act”). The Act has resulted in a number of introductions as well as significant amendments to the current legislative framework that regulates companies; the Companies Act, Chapter 386 of the laws of Malta.

This article aims to provide insight about the focal aspects of the Act, being essentially the ensuing obligations on the part of companies, as well as the powers and responsibilities of the Registrar of Companies.

Emma Fenech described the recent amendments to the Companies Act in an article featured on the Malta Business Weekly. The full article can be accessed here.