Companies Act 2014 section 1261

Register of members

Section 1261 sets out the rules for how a public unlimited company (PULC) without share capital must maintain its register of members, adapting the general register requirements from Section 169 of the Act.

• A PULC must keep a register of members, but because it has no share capital, the register requirements are simplified compared to those for share-based companies.
• The register need only record the names and addresses of the members, rather than the more detailed share-related information required for other company types.
• Subsection (5) of Section 169, which deals with matters not relevant to a company without share capital, is disapplied entirely for a PULC.
• All other provisions of Section 169 regarding the maintenance of a register of members continue to apply to a PULC without modification.