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Part 10U.K.A company's directors

Modifications etc. (not altering text)

C1Pts. 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 4U.K.Transactions with directors requiring approval of members

SupplementaryU.K.

224Approval by written resolution: accidental failure to send memorandumU.K.

(1)Where—

(a)approval under this Chapter is sought by written resolution, and

(b)a memorandum is required under this Chapter to be sent or submitted to every eligible member before the resolution is passed,

any accidental failure to send or submit the memorandum to one or more members shall be disregarded for the purpose of determining whether the requirement has been met.

(2)Subsection (1) has effect subject to any provision of the company's articles.

Commencement Information

I1S. 224 wholly in force at 1.10.2007; s. 224 not in force at Royal Assent see s. 1300; s. 224 in force at 1.10.2007 by S.I. 2007/2194, art. 2(1)(d) (with saving in art. 12 and subject to transitional adaptations specified in Sch. 1 and with transitional provisions and savings in Sch. 3)