326Company-sponsored invitations to appoint proxiesU.K.
(1)If for the purposes of a meeting there are issued at the company's expense invitations to members to appoint as proxy a specified person or a number of specified persons, the invitations must be issued to all members entitled to vote at the meeting.
(2)Subsection (1) is not contravened if—
(a)there is issued to a member at his request a form of appointment naming the proxy or a list of persons willing to act as proxy, and
(b)the form or list is available on request to all members entitled to vote at the meeting.
(3)If subsection (1) is contravened as respects a meeting, an offence is committed by every officer of the company who is in default.
(4)A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale.
Commencement Information
I1S. 326 wholly in force at 1.10.2007; s. 326 not in force at Royal Assent see s. 1300; s. 326 in force at 1.10.2007 by S.I. 2007/2194, art. 2(1)(f) (with saving in art. 12 and subject to transitional adaptations specified in Sch. 1)