Part 9U.K.Exercise of members' rights

Information rightsU.K.

146Traded companies: nomination of persons to enjoy information rightsU.K.

(1)This section applies to a company whose shares are admitted to trading on a [F1UK regulated market or an EU regulated market].

(2)A member of such a company who holds shares on behalf of another person may nominate that person to enjoy information rights.

(3)Information rights” means—

(a)the right to receive a copy of all communications that the company sends to its members generally or to any class of its members that includes the person making the nomination, and

(b)the rights conferred by—

(i)section 431 or 432 (right to require copies of accounts and reports), and

(ii)section 1145 (right to require hard copy version of document or information provided in another form).

(4)The reference in subsection (3)(a) to communications that a company sends to its members generally includes the company's annual accounts and reports.

For the application of section 426 (option to provide [F2strategic report with supplementary material]) in relation to a person nominated to enjoy information rights, see subsection (5) of that section.

(5)A company need not act on a nomination purporting to relate to certain information rights only.

Textual Amendments

F2Words in s. 146(4) substituted (with effect in accordance with reg. 1(4) of the amending S.I.) by The Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 (S.I. 2013/1970), reg. 1(2)(3), Sch. para. 2

Commencement Information

I1S. 146 wholly in force at 1.10.2007; s. 146 not in force at Royal Assent see s. 1300; s. 146 in force at 1.10.2007 by S.I. 2007/2194, art. 2(1)(c) (with savings in art. 12 and with transitional provisions and savings in Sch. 3 and subject to transitional adaptations specified in Sch. 1)