Economic Crime and Corporate Transparency Act 2023

50 Membership information: one-off statement U.K.

(1) This section applies in relation to a traded company, or a non-traded company, registered under the Companies Act 2006 before the appointed day.

(2) On the first occasion on which the company delivers a confirmation statement with a confirmation date that is after the appointed day it must, at the same time, deliver to the registrar the relevant membership information.

(3) For this purpose “the relevant membership information” means—

(a) in relation to a traded company—

(i) the name and address (as they appear in the company’s register of members) of each person who, at the end of the confirmation date, held at least 5% of the issued shares of any class of the company, and

(ii) the number of shares of each class held by each such person at that time;

(b) in relation to a non-traded company—

(i) the name (as it appears in the company’s register of members) of every person who was a member of the company at the end of the confirmation date, and

(ii) the number of shares of each class held at the end of the confirmation date by each person who was a member of the company at that time.

(4) Section 853A(1)(b)(ii) of the Companies Act 2006 (as substituted by section 59 of this Act) has effect as if it included a reference to the duty imposed by subsection (2) (and section 853L of that Act applies accordingly).

(5) In this section—

• “confirmation statement” has the meaning given by section 853A(1)(b) of the Companies Act 2006;

• “non-traded company” has the meaning given by section 853F(2) of that Act;

• “the appointed day” means such day as the Secretary of State may by regulations appoint for the purposes of this section;

• “traded company” has the meaning given by section 853G(2) and (3) of that Act.

(6) Other expressions used in this section have the same meaning as in Part 24 of the Companies Act 2006.

Commencement Information

I1 S. 50 in force at Royal Assent for specified purposes, see s. 219(1)(2)(b)