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PART 15E+WDECISION MAKING

CHAPTER 10E+WContributories' voting rights and majorities

Contributories' voting rights and requisite majoritiesE+W

15.39.  In a decision procedure for contributories—

(a)voting rights are as at a general meeting of the company, subject to any provision of the articles affecting entitlement to vote, either generally or at a time when the company is in liquidation; and

(b)a decision is made if more than one half of the votes cast by contributories are in favour.