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PART 6Proxies and company representation

Use of proxies at meetings

63.—(1) A form of proxy given for a particular meeting may be used at an adjournment of that meeting.

(2) If the special administrator holds forms of proxy for use as chair of a meeting, and another person acts as chair, that other person may use the forms of proxy of the special administrator as if the other person were the proxy-holder.

(3) A proxy-holder may propose any resolution that, if it were proposed by another person, would be a resolution in favour of which, by virtue of the proxy, the proxy-holder would be entitled to vote.

(4) If a form of proxy gives specific directions as to voting, the proxy-holder is not, unless the form of proxy states otherwise, prevented from voting at the proxy-holder’s discretion on any resolution put to the meeting but not dealt with in the proxy.