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Chapter

Cover Company Law

16. Membership and the incidents of membership  

This chapter discusses the law on membership, the need for and the importance of entry on the register of members, and the incidents of membership. The discussion covers classes of shares including the recent addition of dual-class structures for listed companies, and explains what a class right is and the basis on which class rights can be varied. It moves on to consider share transfer and transmission, entries on and rectification of the register of members, and constraints on inspection of the register. It also considers the register of people with significant control (the PSC register) and the register of overseas entities (ROE).