Company Law Reform Bill [HL]

Amendment No. 115 would remove the requirement for an index of members for companies with between 50 and 100 members whose registers are not themselves an index. Fifty members has always been the trigger for an index where the register is kept in a bound book. The amendment would require a company to keep an index only where it had more than 100 members, but I very much doubt whether many companies with more than 50 members do not currently keep their register of members electronically in a form that exempts them from the requirement to keep an index. So we consider that the noble Lord’s amendment would not have a practical impact for most companies.