Companies Act 2006, section 1012 (property of dissolved company is bona vacantia) (CA 2006 s.1012(1))
Once a UK company is dissolved its property and rights, including rights in data, belong to the Crown. No former director or liquidator can then license them for the company.
Dated 17 Oct 2026Source checked 17 Oct 2026Quote found on its page again 21 Oct 2026Basis: primary text
In the source's own words
“When a company is dissolved, all property and rights whatsoever vested in or held on trust for the company immediately before its dissolution (including leasehold property, but not including property held by the company on trust for another person) are deemed to be bona vacantia”
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