Part 19

Debentures

Register of debenture holders

Register of debenture holders: right to inspect and require copy
744
1
Every register of debenture holders of a company must, except when duly closed, be open to the inspection—
a
of the registered holder of any such debentures, or any holder of shares in the company, without charge, and
b
of any other person on payment of such fee as may be prescribed.
2
Any person may require a copy of the register, or any part of it, on payment of such fee as may be prescribed.
3
A person seeking to exercise either of the rights conferred by this section must make a request to the company to that effect.
4
The request must contain the following information—
a
in the case of an individual, his name and address;
b
in the case of an organisation, the name and address of an individual responsible for making the request on behalf of the organisation;
c
the purpose for which the information is to be used; and
d
whether the information will be disclosed to any other person, and if so—
i
where that person is an individual, his name and address,
ii
where that person is an organisation, the name and address of an individual responsible for receiving the information on its behalf, and
iii
the purpose for which the information is to be used by that person.
5
For the purposes of this section a register is “duly closed” if it is closed in accordance with provision contained—
a
in the articles or in the debentures,
b
in the case of debenture stock in the stock certificates, or
c
in the trust deed or other document securing the debentures or debenture stock.
The total period for which a register is closed in any year must not exceed 30 days.
6
References in this section to a register of debenture holders include a duplicate—
a
of a register of debenture holders that is kept outside the United Kingdom, or
b
of any part of such a register.
S. 744 wholly in force at 6.4.2008; s. 744 not in force at Royal Assent, see s. 1300; s. 744 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5)); s. 744 in force at 6.4.2008 by S.I. 2007/3495, art. 3(1)(g) (with savings in arts. 7, 12, subject to transitional adaptations in Sch. 1 para. 12 and with savings in Sch. 4 paras. 20-23)
Ss. 743-748 applied (with modifications) (1.10.2009) by The Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009 (S.I. 2009/1804), regs. 2, 21
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
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))