Controls on the Access to the Register of Members

Tue 01 Mar 2016

Provisions in the Companies Act are designed to protect information about shareholders contained in the register of members in order to prevent misuse of information that could cause shareholders to suffer intimidation or fraud.

Under the Companies Act 1985 the register of members was open to inspection by any member free of charge and any other person on payment of the prescribed fee. In addition, any person could request a copy of the register. To protect shareholders from potential intimidation or possible fraud, the Companies Act 2006 (s116 – 119) made access to the register of members subject to a ‘proper purpose’ test.

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