Small Business, Enterprise and Employment Act 2015

Small Business, Enterprise and Employment Act 2015

2015 CHAPTER 26

Commentary on Sections

Part 7: COMPANIES: TRANSPARENCY

Register of interests disclosed

Section 83: Amendment of section 813 of the Companies Act 2006

567. Part 22 of CA 2006 (‘Information about interests in a company’s shares’) sets out how a public company may obtain information about persons with an interest in its shares. In so doing, the company must maintain a register of information received (section 808, ‘Register of interests disclosed’) and keep it available for inspection.

568. Section 813 of CA 2006 (‘Register of interests disclosed: refusal of inspection or default in providing copy’) sets out the offence that applies where a company fails to make the register available or makes default in providing a copy.

569. Section 83 is a technical provision to clarify the current application of section 813. It provides that an offence is not committed where the refusal or default is in accordance with section 812 of CA 2006 (‘Court supervision of purpose for which rights may be exercised’).