C19C21C13C14C15C16Part 15Accounts and reports

Annotations:
Modifications etc. (not altering text)
C19

Pt. 15 applied (with modifications) (8.12.2017) by The Risk Transformation Regulations 2017 (S.I. 2017/1212), regs. 1(2), 162, 163 (with reg. 189)

C21

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

C14

Pt. 15 applied (with modifications) (6.4.2008) by The Partnerships (Accounts) Regulations 2008 (S.I. 2008/569), regs. 4, 7, Sch. Pt. 1

C15

Pt. 15 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 16 (with transitional provisions and savings in regs. 7, 9, Sch. 2)

C18Chapter 7Publication of accounts and reports

Annotations:
Modifications etc. (not altering text)
C18

Pt. 15 Ch. 7 applied (with modifications) (31.7.2015) by The European Grouping of Territorial Cooperation Regulations 2015 (S.I. 2015/1493), regs. 1(2), 7(1) (with reg. 11)

Right of member or debenture holder to demand copies of accounts and reports

C1C2C3C4C5C6C17C20431Right of member or debenture holder to copies of accounts and reports: unquoted companies

1

A member of, or holder of debentures of, an unquoted company is entitled to be provided, on demand and without charge, with a copy of—

a

the company's last annual accounts,

F1aa

the strategic report (if any) for the last financial year,

b

the last directors' report, F7...

F5ba

the last directors’ remuneration report (if any), and

c

the auditor's report on those accounts (including the statement on that report F2and (where applicable) on the strategic reportF6and on the directors’ remuneration report).

2

The entitlement under this section is to a single copy of those documents, but that is in addition to any copy to which a person may be entitled under section 423.

3

If a demand made under this section is not complied with within seven days of receipt by the company, an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

4

A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.

C7C8C9C10C11C12C17432Right of member or debenture holder to copies of accounts and reports: quoted companies

1

A member of, or holder of debentures of, a quoted company is entitled to be provided, on demand and without charge, with a copy of—

a

the company's last annual accounts,

b

the last directors' remuneration report,

F3ba

the strategic report (if any) for the last financial year,

c

the last directors' report, and

d

the auditor's report on those accounts (including the report on the directors' remuneration reportF4, on the strategic report (where this is covered by the auditor’s report) and on the directors' report).

2

The entitlement under this section is to a single copy of those documents, but that is in addition to any copy to which a person may be entitled under section 423.

3

If a demand made under this section is not complied with within seven days of receipt by the company, an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

4

A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.