# Companies Act 2006, Section 907: Approval of members of merging companies

Extent: E+W+S+N.I.

(1) The scheme must be approved by a majority in number, representing 75% in value, of each class of members of each of the merging companies, present and voting either in person or by proxy at a meeting.
(2) This requirement is subject to sections 916, 917, 917A and 918 (circumstances in which meetings of members not required).

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/907 (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-907
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.