2.—(1) In section 282(3) of the Companies Act 2006(1) (ordinary resolutions: majority required on show of hands), for the words from “a simple majority of” to the end substitute “a simple majority of the votes cast by those entitled to vote”.
(2) In section 283(4) of that Act (special resolutions: majority required on show of hands), for the words from “not less than 75% of” to the end substitute “not less than 75% of the votes cast by those entitled to vote”.
(3) In section 284 of that Act (votes: general rules), for subsection (2) substitute—
“(2) On a vote on a resolution on a show of hands at a meeting, each member present in person has one vote.”.
(4) After subsection (4) of that section add—
“(5) Nothing in this section is to be read as restricting the effect of—
section 152 (exercise of rights by nominees),
section 285 (voting by proxy),
section 322 (exercise of voting rights on poll),
section 322A (voting on a poll: votes cast in advance), or
section 323 (representation of corporations at meetings).”.