SCHEDULE AMENDMENTS TO THE COMPANIES ACT 1985 AND THE INSOLVENCY ACT 1986

Meetings
5. In Chapter IV of Part XI of the Companies Act 1985, after section 370 insert—

“Quorum at meetings of the sole member
370A. Notwithstanding any provision to the contrary in the articles of a private company limited by shares or by guarantee having only one member, one member present in person or by proxy shall be a quorum.”.