SCHEDULE 5Communications by a company
Part 4Communications by means of a website
Deemed agreement of members of company etc to use of website
10
(1)
This paragraph applies to a document or information to be sent or supplied to a person—
(a)
as a member of the company, or
(b)
as a person nominated by a member in accordance with the company's articles to enjoy or exercise all or any specified rights of the member in relation to the company, or
(c)
as a person nominated by a member under section 146 to enjoy information rights.
(2)
To the extent that—
(a)
the members of the company have resolved that the company may send or supply documents or information to members by making them available on a website, or
(b)
the company's articles contain provision to that effect,
a person in relation to whom the following conditions are met is taken to have agreed that the company may send or supply documents or information to him in that manner.
(3)
The conditions are that—
(a)
the person has been asked individually by the company to agree that the company may send or supply documents or information generally, or the documents or information in question, to him by means of a website, and
(b)
the company has not received a response within the period of 28 days beginning with the date on which the company's request was sent.
(4)
A person is not taken to have so agreed if the company's request—
(a)
did not state clearly what the effect of a failure to respond would be, or
(b)
was sent less than twelve months after a previous request made to him for the purposes of this paragraph in respect of the same or a similar class of documents or information.
(5)
Chapter 3 of Part 3 (resolutions affecting a company's constitution) applies to a resolution under this paragraph.