The Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011

Inspection of documents (division)

This section has no associated Explanatory Memorandum

24.—(1) Section 926 (inspection of documents (division)) is amended as follows.

(2) In subsection (3), omit “and” at the end of paragraph (d) and after paragraph (e) add—

; and

(f)if no statement is required by section 925 because the company has made public a recent half-yearly financial report (see subsection (1A) of that section), that report. .

(3) After subsection (3) insert—

(3A) The requirement in subsection (1)(a) is subject to section 926A(1) (publication of documents on company website)..

(4) In subsection (4), after “section 933 (agreement to dispense with reports etc)” insert “, section 933A (certain requirements excluded where shareholders given proportional rights)”.

(5) At the end add—

(5) Section 1145 (right to hard copy) does not apply to a document sent or supplied in accordance with subsection (1)(b) to a member who has consented to information being sent or supplied by the company by electronic means and has not revoked that consent.

(6) Part 4 of Schedule 5 (communications by means of a website) does not apply for the purposes of subsection (1)(b) (but see section 926A(5))..