Explanatory Notes

Companies Act 2006

2006 CHAPTER 46

8 November 2006

Commentary

Part 22: Information about Interests in Company’s Shares.Background

Section 816: Removal of entries from register: old entries

1137.Section 217(1) of the 1985 Act provides that a company may remove an entry against a person’s name from the register of interests in shares if more than six years have elapsed since the date of the entry being made, and either:

1138.By contrast, this section simply provides that a company is not required to keep information on the register if more than six years have elapsed since the entry was made.