The Risk Transformation Regulations 2017, Section 95 is up to date with all changes known to be in force on or before 02 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
95.—(1) A protected cell company may only amend its instrument of incorporation if the proposed amendment is approved—
(a)by written resolution of the persons holding voting shares issued on behalf of the core of the protected cell company; or
(b)by a resolution passed in a general meeting by a simple majority of the total voting rights of those shareholders who are entitled to vote on the resolution at the meeting.
(2) But paragraph (1) does not prevent the protected cell company's instrument of incorporation requiring a higher majority or unanimity.
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