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Changes over time for: Section 340B
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Timeline of Changes
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Status:
Point in time view as at 03/10/2022.
Changes to legislation:
Companies Act 2006, Section 340B is up to date with all changes known to be in force on or before 04 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes to Legislation
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[340BTraded companies: expenses of circulating members' matters to be dealt with at AGMU.K.
This section has no associated Explanatory Notes
(1)The expenses of the company in complying with section 340A need not be paid by the members who requested the inclusion of the matter in the business to be dealt with at the annual general meeting if requests sufficient to require the company to include the matter are received before the end of the financial year preceding the meeting.
(2)Otherwise—
(a)the expenses of the company in complying with that section must be paid by the members who requested the inclusion of the matter unless the company resolves otherwise, and
(b)unless the company has previously so resolved, it is not bound to comply with that section unless there is deposited with or tendered to it, not later than—
(i)six weeks before the annual general meeting to which the requests relate, or
(ii)if later, the time at which notice is given of that meeting,
a sum reasonably sufficient to meet its expenses in complying with that section.]
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