C1Part 8A company's members

Annotations:
Modifications etc. (not altering text)

Chapter 2Register of members

General

115Index of members

1

Every company having more than 50 members must keep an index of the names of the members of the company, unless the register of members is in such a form as to constitute in itself an index.

2

The company must make any necessary alteration in the index within 14 days after the date on which any alteration is made in the register of members.

3

The index must contain, in respect of each member, a sufficient indication to enable the account of that member in the register to be readily found.

4

The index must be at all times kept available for inspection at the same place as the register of members.

5

If default is made in complying with this section, an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

6

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.