Company Law Reform Bill [HL]

moved Amendment No. 490B:"After Clause 763, insert the following new clause—" ““DEEMED DELIVERY OF DOCUMENTS AND INFORMATION (1)   This section applies in relation to documents and information sent or supplied by a company. (2)   Where— (a)   the document or information is sent by post (whether in hard copy or electronic form) to an address in the United Kingdom, and (b)   the company is able to show that it was properly addressed, prepaid and posted, it is deemed to have been received by the intended recipient 48 hours after it was posted. (3)   Where— (a)   the document or information is sent or supplied by electronic means, and (b)   the company is able to show that it was properly addressed, it is deemed to have been received by the intended recipient 48 hours after it was sent. (4)   Where the document or information is sent or supplied by means of a website, it is deemed to have been received by the intended recipient— (a)   when the material was first made available on the website, or (b)   if later, when the recipient received (or is deemed to have received) notice of the fact that the material was available on the website. (5)   In calculating a period of hours for the purposes of this section, no account shall be taken of any part of a day that is not a working day. (6)   This section has effect subject to— (a)   any contrary provision of the Companies Acts; (b)   in its application to documents or information sent or supplied by a company to its members, any contrary provision of the company’s articles; (c)   in its application to documents or information sent or supplied by a company to its debentures holders, any contrary provision in the instrument constituting the debentures; (d)   in its application to documents or information sent or supplied by a company to a person otherwise than in his capacity as a member or debenture holder, any contrary provision in an agreement between the company and that person.”” On Question, amendment agreed to. Clause 765 [Deemed delivery of documents and information sent by post or electronic means]: