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82.—(1) The company is entitled to destroy—
(a)all instruments of transfer of shares which have been registered, and all other documents on the basis of which any entries are made in the register of members, from six years after the date of registration;
(b)all dividend mandates, variations or cancellations of dividend mandates, and notifications of change of address, from two years after they have been recorded;
(c)all share certificates which have been cancelled from one year after the date of the cancellation;
(d)all paid dividend warrants and cheques from one year after the date of actual payment; and
(e)all proxy notices from one year after the end of the meeting to which the proxy notice relates.
(2) If the company destroys a document in good faith, in accordance with the articles, and without notice of any claim to which that document may be relevant, it is conclusively presumed in favour of the company that—
(a)entries in the register purporting to have been made on the basis of an instrument of transfer or other document so destroyed were duly and properly made;
(b)any instrument of transfer so destroyed was a valid and effective instrument duly and properly registered;
(c)any share certificate so destroyed was a valid and effective certificate duly and properly cancelled; and
(d)any other document so destroyed was a valid and effective document in accordance with its recorded particulars in the books or records of the company.
(3) This article does not impose on the company any liability which it would not otherwise have if it destroys any document before the time at which this article permits it to do so.
(4) In this article, references to the destruction of any document include a reference to its being disposed of in any manner.
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