[F1918A Agreement to dispense with [F2 reports etc] (merger) U.K.
(1)If all members holding shares in, and all persons holding other securities of, [F3the merging companies], being shares or securities that carry a right to vote in general meetings of the company in question, so agree, [F4the following requirements do not apply].
[F5(1A)The requirements that may be dispensed with under this section are—
(a)the requirements of—
(i)i)section 908 (directors' explanatory report),
(ii)section 909 (expert's report),
(iii)section 910 (supplementary accounting statement), and
(iv)section 911B (report on material changes of assets of merging company); and
(b)the requirements of section 911 (inspection of documents) so far as relating to any document required to be drawn up under sections 908, 909 or 910.]
(2)For the purposes of this section—
(a)the members, or holders of other securities, of a company, and
(b)whether shares or other securities carry a right to vote in general meetings of the company,
are determined as at the date of the application to the court under section 896.]
Textual Amendments
F1S. 918A inserted (6.4.2008) by The Companies (Mergers and Divisions of Public Companies) (Amendment) Regulations 2008 (S.I. 2008/690), reg. 2(2)
F2S. 918A: words in heading substituted (1.8.2011 with application in accordance with reg. 1(2)) by The Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011 (S.I. 2011/1606), reg. 18(4)
F3Words in s. 918A(1) substituted (1.8.2011 with application in accordance with reg. 1(2)) by The Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011 (S.I. 2011/1606), reg. 18(2)
F4Words in s. 918A(1) substituted (1.8.2011 with application in accordance with reg. 1(2)) by The Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011 (S.I. 2011/1606), reg. 18(2)
F5S. 918A(1A) inserted (1.8.2011 with application in accordance with reg. 1(2)) by The Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011 (S.I. 2011/1606), reg. 18(3)