C2C3C1Part 13Resolutions and meetings

Annotations:
Modifications etc. (not altering text)
C2

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

Chapter 5Additional requirements for quoted companies F1AND TRADED COMPANIES

Annotations:
Amendments (Textual)
F1

Words in Pt. 13 Ch. 5 heading inserted (3.8.2009) by The Companies (Shareholders' Rights) Regulations 2009 (S.I. 2009/1632), reg. 19(5) (with application as stated in reg. 1(2))

Independent report on poll

345Meaning of “associate”

1

This section defines “associate” for the purposes of section 344 (independence requirement).

2

In relation to an individual, “associate” means—

a

that individual's spouse or civil partner or minor child or step-child,

b

any body corporate of which that individual is a director, and

c

any employee or partner of that individual.

3

In relation to a body corporate, “associate” means—

a

any body corporate of which that body is a director,

b

any body corporate in the same group as that body, and

c

any employee or partner of that body or of any body corporate in the same group.

4

In relation to a partnership that is a legal person under the law by which it is governed, “associate” means—

a

any body corporate of which that partnership is a director,

b

any employee of or partner in that partnership, and

c

any person who is an associate of a partner in that partnership.

5

In relation to a partnership that is not a legal person under the law by which it is governed, “associate” means any person who is an associate of any of the partners.

6

In this section, in relation to a limited liability partnership, for “director” read “member”.