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AI Summary of 153. Exercise of rights where shares held on behalf of others: members' requests
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153. Exercise of rights where shares held on behalf of others: members' requests
(1) This section applies for the purposes of -
(a) section 314 (power to require circulation of statement),
(b) section 338 (public companies: power to require circulation of resolution for AGM),
(ba) section 338A (traded companies: members' power to include matters in business dealt with at AGM),
(c) section 342 (power to require independent report on poll), and
(d) section 527 (power to require website publication of audit concerns).
(2) A company is required to act under any of those sections if it receives a request in relation to which the following conditions are met -
(a) it is made by at least 100 persons;
(b) it is authenticated by all the persons making it;
(c) in the case of any of those persons who is not a member of the company, it is accompanied by a statement -
(i) of the full name and address of a person ("the member") who is a member of the company and holds shares on behalf of that person,