Companies Act 2014
Register of interests: removal of entries from it | ||
269. (1) A company may remove an entry against a person's name from the register required to be kept by it under section 267 (the “register”) if more than 6 years have elapsed after the date of the entry being made, and either— | ||
(a) that entry recorded the fact that the person in question has ceased to have an interest notifiable under this Chapter in shares in, or debentures of, the company, or | ||
(b) it has been superseded by a later entry made under section 267 against the same person's name, | ||
and, in a case falling within paragraph (a), the company may also remove that person's name from the register. | ||
(2) Where a company removes a name from the register pursuant to subsection (1), the company shall, within 14 days after the date of that removal, make any necessary alterations in any associated index. | ||
(3) Entries in the register shall not be deleted except in accordance with subsections (1) and (2). | ||
(4) If an entry is deleted from the register in contravention of subsection (1), the company concerned shall restore that entry to the register as soon as is reasonable and practicable. | ||
(5) If default is made by a company in complying with subsection (2), (3) or (4), the company and any officer of it who is in default shall be guilty of a category 3 offence. |