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Section 527: Members' power to require website publication of audit concerns

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 16: Audit — Chapter 5: Quoted companies: right of members to raise audit concerns at accounts meeting

The members of a quoted company may require the company to publish on a website a statement setting out any matter relating to—

the audit of the company's accounts (including the auditor's report and the conduct of the audit) that are to be laid before the next accounts meeting, or
any circumstances connected with an auditor of the company ceasing to hold office since the previous accounts meeting,

that the members propose to raise at the next accounts meeting of the company.

In subsection (2) a "relevant right to vote" means a right to vote at the accounts meeting.

A request—

may be sent to the company in hard copy or electronic form,
must identify the statement to which it relates,
must be authenticated by the person or persons making it, and
must be received by the company at least one week before the meeting to which it relates.

A quoted company is not required to place on a website a statement under this section if, on an application by the company or another person who claims to be aggrieved, the court is satisfied that the rights conferred by this section are being abused.

The court may order the members requesting website publication to pay the whole or part of the company's costs (in Scotland, expenses) on such an application, even if they are not parties to the application.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.