Alternative record-keeping—electing to maintain information on the central register
Alternative record-keeping—electing to maintain information on the central register

The following Corporate practice note provides comprehensive and up to date legal information covering:

  • Alternative record-keeping—electing to maintain information on the central register
  • Electing to keep company information on the central register
  • Which registers may be maintained centrally?
  • Register of members
  • Duty to notify registrar of changes
  • Information as to state of central register
  • Power of court to order company to remedy default or delay
  • Withdrawing the election
  • The register of overseas members
  • Register of directors and register of directors' residential addresses
  • More...

Electing to keep company information on the central register

The Small Business, Enterprise and Employment Act 2015 (SBEEA 2015) amended the Companies Act 2006 (CA 2006) to give private companies and LLPs the option of keeping certain information on the central register kept by the registrar instead of maintaining their own registers.

SBEEA 2015, Sch 5 inserted a number of amendments into the CA 2006, most obviously Chapter 2A of Part 8.

For application of the alternative record-keeping regime to LLPs, see Application of the election regime to LLPs below.

Which registers may be maintained centrally?

The option to keep information on the central register at companies house applies to the following company registers:

  1. the register of members

  2. the register of directors and the register of directors' residential addresses

  3. the register of secretaries

  4. the register of people with significant control (PSC)

  5. the register of overseas members

In addition, whilst the CA 2006 does not require a company to keep a register of applications and allotments, or a register of transfers, it does require a company to register an allotment of shares or a transfer as soon as practicable and in any event within two months of the date of the allotment or the date on which a transfer is lodged with it. If an election is in force under CA 2006, Pt 8, Ch 2A in respect of the company, references to registering

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