Economic Crime and Corporate Transparency Act 2023

Section 49

SCHEDULE 1 U.K. Register of members: consequential amendments

1 U.K. The Companies Act 2006 is amended as follows.

Commencement Information

I1 Sch. 1 para. 1 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

2 U.K. In section 112 (the members of a company), omit subsection (3).

Commencement Information

I2 Sch. 1 para. 2 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

3 (1) Section 127 (register to be evidence) is amended as follows. U.K.

(2) The existing text becomes subsection (1).

(3) In that subsection “for section 128H” substitute “subsection (2)”.

(4) After that subsection insert—

“(2) The central register is prima facie evidence of any matters about which a company was required to deliver information to the registrar under Chapter 2A by virtue of an election under section 128B at any time before the repeal of that Chapter (including that section) by the Economic Crime and Corporate Transparency Act 2023.

(3) Subsection (2) does not apply to information required to be included in a statement under section 128B(5)(b) or in any updated statement under section 128B(6) before their repeal by that Act.

(4) In this section “the central register” means the register kept by the registrar (see section 1080).”

Commencement Information

I3 Sch. 1 para. 3 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

4 U.K. In section 129 (overseas branch registers), omit subsection (6).

Commencement Information

I4 Sch. 1 para. 4 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

5 U.K. In section 286 (votes of joint holders of shares), in subsection (2), omit the words from “(or” to “section 1080)”.

Commencement Information

I5 Sch. 1 para. 5 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

6 U.K. In section 311 (contents of notices of meetings), in subsection (3)(b)(i), omit the words from “(or” to “section 1080)”.

Commencement Information

I6 Sch. 1 para. 6 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

7 U.K. In section 360B (traded companies: requirements for participating in and voting at general meetings), omit subsection (5).

Commencement Information

I7 Sch. 1 para. 7 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

8 U.K. In section 554 (registration of allotment), omit subsection (2A).

Commencement Information

I8 Sch. 1 para. 8 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

9 U.K. In section 558 (when shares are allotted), omit the words from “(or” to “registrar)”.

Commencement Information

I9 Sch. 1 para. 9 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

10 U.K. In section 588 (liability of subsequent holders of shares), in subsection (3)(a), omit the words from “(or” to “registrar)”.

Commencement Information

I10 Sch. 1 para. 10 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

11 U.K. In section 605 (liability of subsequent holders of shares), in subsection (4)(a), omit the words from “(or” to “registrar)”.

Commencement Information

I11 Sch. 1 para. 11 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

12 U.K. In section 616 (interpretation of Chapter 7), in subsection (3), omit the words from “(or” to “registrar)”.

Commencement Information

I12 Sch. 1 para. 12 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

13 U.K. In section 655 (shares no bar to damages against company), omit the words from “(or” to “registrar)”.

Commencement Information

I13 Sch. 1 para. 13 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

14 U.K. In section 724 (Treasury shares), in subsection (4), omit the words from “(or” to “Part 8)”.

Commencement Information

I14 Sch. 1 para. 14 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

15 U.K. In section 770 (registration of transfer), omit subsection (3).

Commencement Information

I15 Sch. 1 para. 15 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

16 U.K. In section 771 (procedure on transfer being lodged), omit subsection (2A).

Commencement Information

I16 Sch. 1 para. 16 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

17 U.K. In section 772 (transfer of shares on application of transferor)—

(a) omit the words from “(or” to “Part 8)”;

(b) omit “(or delivery)”.

Commencement Information

I17 Sch. 1 para. 17 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

18 U.K. In section 786 (provision enabling or requiring arrangements to be adopted), in subsection (3)(a), omit the words from “(or” to “Part 8)”.

Commencement Information

I18 Sch. 1 para. 18 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

19 U.K. In section 853B (duties to notify a relevant event), omit paragraph (b).

Commencement Information

I19 Sch. 1 para. 19 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

20 U.K. In section 853F (duty to deliver shareholder information: non-traded companies), in subsection (1), omit paragraph (b) and the “and” before it.

Commencement Information

I20 Sch. 1 para. 20 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

21 U.K. In section 1028A (administrative restoration of company with share warrants), in subsection (7), omit paragraph (b) and the “or” before it.

Commencement Information

I21 Sch. 1 para. 21 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

22 U.K. In section 1032A (restoration by court of company with share warrants), in subsection (8), omit paragraph (b) and the “or” before it.

Commencement Information

I22 Sch. 1 para. 22 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

23 (1) Section 1081 (annotation of the register) is amended as follows. U.K.

(2) Omit subsection (1A).

(3) In subsection (6), omit “or (1A)”.

Commencement Information

I23 Sch. 1 para. 23 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

24 U.K. In section 1136 (regulations about where certain company records to be kept available for inspection), in subsection (2), omit the entry for section 128D (historic register of members).

Commencement Information

I24 Sch. 1 para. 24 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)

25 U.K. In Schedule 5 (communications by a company), in paragraph 16, omit sub-paragraph (3A).

Commencement Information

I25 Sch. 1 para. 25 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)