C1Part 13Resolutions and meetings
Annotations:
Modifications etc. (not altering text)
Chapter 6Records of resolutions and meetings
357Records of decisions by sole member
1
This section applies to a company limited by shares or by guarantee that has only one member.
2
Where the member takes any decision that—
a
may be taken by the company in general meeting, and
b
has effect as if agreed by the company in general meeting,
he must (unless that decision is taken by way of a written resolution) provide the company with details of that decision.
3
If a person fails to comply with this section he commits an offence.
4
A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 2 on the standard scale.
5
Failure to comply with this section does not affect the validity of any decision referred to in subsection (2).
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2