Companies Act 2006

112The members of a companyU.K.

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(1)The subscribers of a company's memorandum are deemed to have agreed to become members of the company, and on its registration become members and must be entered as such in its register of members.

(2)Every other person who agrees to become a member of a company, and whose name is entered in its register of members, is a member of the company.

[F1(3)Where an election under section 128B is in force in respect of a company—

(a)the requirement in subsection (1) to enter particulars of members in the company's register of members does not apply, and

(b)subsection (2) has effect as if the reference to a person whose name is entered in the company's register of members were a reference to a person with respect to whom the following steps have been taken—

(i)the person's name has been delivered to the registrar under section 128E, and

(ii)the document containing that information has been registered by the registrar.]