13D
CurrentDuty to notify members of compliance with directions
Part 2The Company
13D Duty to notify members of compliance with directions
If the board of directors or a subsidiary board is given a direction under section 13A in respect of a Company or its subsidiary, the relevant board must notify the members, in writing, of the progress of the Company, or its subsidiary, in complying with the direction –
at the intervals specified in the direction; and when, in the opinion of the relevant board, the Company or subsidiary has complied with the direction in full.
This Act’s bill:Second reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.