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The Companies (Tables A to F) (Amendment) (No. 2) Regulations 2007 No. 2826
URL: http://www.bailii.org/uk/legis/num_reg/2007/20072826.html
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STATUTORY INSTRUMENTS
2007 No. 2826
COMPANIES
The Companies (Tables A to F) (Amendment) (No. 2) Regulations 2007
|
Made |
27th September 2007 | |
|
Laid before Parliament |
28th September 2007 | |
|
Coming into force |
1st October 2007 | |
The Secretary of State makes the following Regulations in exercise of the powers conferred by sections 3 and 8 of the Companies Act 1985[
1].
Citation, commencement and interpretation
1.
These Regulations may be cited as the Companies (Tables A to F) (Amendment) (No. 2) Regulations 2007 and come into force on 1st October 2007.
2.
In these Regulations, references to Table A are to Table A in the Companies (Tables A to F) Regulations 1985[
2].
Proceedings at general meetings
3.
Regulation 50 of Table A ceases to have effect.
Votes of members
4.
—(1) Regulation 54 of Table A is amended as follows.
(2) After the words "is present in person" insert the words "or by proxy".
(3) After the words "is present by a duly authorised representative" insert the words "or by proxy".
(4) Omit the words "not being" and insert the words "unless the proxy (in either case) or the representative is".
Stephen Timms
Minister of State for Competitiveness, Department for Business, Enterprise and Regulatory Reform
27th September 2007
EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations amend the Companies (Tables A to F) Regulations 1985 and apply to a company registered on or after 1st October 2007 which adopts Table A as Articles of Association.
Regulation 3 omits regulation 50 from Table A as it conflicts with sections 281 and 282 of the Companies Act 2006 (c.46).
Regulation 4 amends regulation 54 of Table A to reflect the new rights for proxies to vote on a show of hands provided by sections 284(2)(b) and 324(1) of the 2006 Act. As is already the case with representatives of corporate members, a proxy (of either an individual or a corporate member) who is also a member in his own right may vote only once on a show of hands.
An informal Keeling schedule to accompany these Regulations is available on the Department for Business, Enterprise and Regulatory Reform website.
An impact assessment has not been produced for these Regulations as no impact on the private or voluntary sectors is foreseen.
Notes:
[1]
1985 c.6.back
[2]
S.I. 1985/805, amended by S.I.s 2000/3373 and 2007/2541.back
ISBN
978 0 11 078807 4
| © Crown copyright 2007 |
Prepared
4 October 2007
|