There had been concern that the Companies Act 2006 (in force from 1 October) would mean that law firms could no longer sign the form when registering a security on behalf of a law firm whose client is a charging company or the charge holder.

This concern arose because of a change in the wording; on the old Form 395 the signature was ‘on behalf of’ the company, whereas on the new MG01 the notes say the form must ‘be signed by a person with an interest in the registration of the charge’. However, Companies House has now confirmed that there is no practical difference between the two and that law firms can continue to sign on behalf of their company clients.