Bermuda Companies Act 1981
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The Bermuda Companies Act contains a consolidated version of the Companies Act 1981, incorporating all amendments to date.
The most recent legislative updates include:
- the insertion of section 132R into the Companies Act 1981, and paragraph D into the Fifth Schedule to the Companies Act 1981 by section 74 of the Incorporated Segregated Accounts Companies Act 2019, operative 15 January 2020.
- consequential amendments to sections 98C and 98D of the Companies Act 1981 made by Schedule 2 to the Investment Funds Amendment Act 2019, operative 1 January 2020.
- amendments to the Companies Act 1981 made by the Economic Substance Amendment (No. 2) Act 2019, operative 24 December 2019.
Previous legislative updates include consequential amendments to sections 120 and 129 of the Companies Act 1981 made by the Economic Development Amendment Act 2019, operative 1 November 2019, amendments to the Government Fees Regulations 1976, Head 16 of the Companies Act 1981 made by the Government Fees Amendment Regulations 2019, operative 1 April 2019, and the addition of The International Stock Exchange to the list of Appointed Stock Exchanges, 6 May 2019.
This Compendium does not, however, contain (i) the various forms and filings prescribed by the Act and (ii) The Companies Winding-Up Rules 1982; these are available on request, please contact us.
In addition, further regulations apply to companies carrying on (i) insurance business, (ii) investment fund or investment fund administration business, or (iii) trust business.
More information and/or separate consolidations of applicable legislation are available on request.
While every effort has been made to ensure its accuracy, and it is believed that the only errors in the legislation are those contained in the statutes themselves (which errors have been faithfully reproduced), no responsibility is assumed for the content, and reference is made to the original legislation for an authoritative statement of the Companies Act 1981 and Rules, Regulations and Orders and other legislation contained herein.
Conyers Dill & Pearman
Revised: January 2020
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