Section 271: Private companies need not keep interests register
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
271. Private companies need not keep interests register
(1) A private company may, by unanimous resolution of its shareholders,
dispense with the need to keep an interests register.
(2) The provisions of this Act which require any matter to be entered in
the interests register shall not apply to a private company while a resolution
under subsection (1) is in force.
(3) A resolution under subsection (1) shall cease to have effect where
any shareholder gives notice in writing to the company that he requires the
company to keep an interests register.
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Questions this section answers
- Can a private company decide not to keep an interests register?