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Companies Act 1985

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Changes over time for: Section 381B

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Version Superseded: 19/06/1996

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Status:

Point in time view as at 01/02/1991. This version of this provision has been superseded. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Companies Act 1985, Section 381B. Help about Changes to Legislation

[F1381B Rights of auditors in relation to written resolution.U.K.

(1)A copy of any written resolution proposed to be agreed to in accordance with section 381A shall be sent to the company’s auditors.

(2)If the resolution concerns the auditors as auditors, they may within seven days from the day on which they receive the copy give notice to the company stating their opinion that the resolution should be considered by the company in general meeting or, as the case may be, by a meeting of the relevant class of members of the company.

(3)A written resolution shall not have effect unless—

(a)the auditors notify the company that in their opinion the resolution—

(i)does not concern them as auditors, or

(ii)does so concern them but need not be considered by the company in general meeting or, as the case may be, by a meeting of the relevant class of members of the company, or

(b)the period for giving a notice under subsection (2) expires without any notice having been given in accordance with that subsection.

(4)A written resolution previously agreed to in accordance with section 381A shall not have effect until that notification is given or, as the case may be, that period expires.]

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