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(1)On a vote on a written resolution—
(a)in the case of a company having a share capital, every member has one vote in respect of each share or each £10 of stock held by him, and
(b)in any other case, every member has one vote.
(2)On a vote on a resolution on a show of hands at a meeting—
(a)every member present in person has one vote, and
(b)every proxy present who has been duly appointed by a member entitled to vote on the resolution has one vote.
(3)On a vote on a resolution on a poll taken at a meeting—
(a)in the case of a company having a share capital, every member has one vote in respect of each share or each £10 of stock held by him, and
(b)in any other case, every member has one vote.
(4)The provisions of this section have effect subject to any provision of the company’s articles.
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Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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