What is COMPANIES CLAUSES CONSOLIDATION ACT?

An English statute, (8 Vict c. 16,) passed in 1845, which consolidated the clauses of previous laws still remaining in force on the subject of public companies. It is considered as incorporated into all subsequent acts authorizing the execution of COMPANION OF THE GARTER 231 COMPASS undertakings of a public nature by companies, unless expressly excepted by such later acts. Its purpose is declared by the preamble to be to avoid repeating provisions as to the constitution and management of the companies, and to secure greater uniformity in such provisions. Wharton

More On This Topic



Link to This Definition
Did you find this definition of COMPANIES CLAUSES CONSOLIDATION ACT helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary