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Paragraph 14 Chairman’s casting vote at directors’ meetingsI1

United Kingdom

(1)

If the numbers of votes for and against a proposal are equal, the chairman or other director chairing the meeting has a casting vote.

(2)

But this does not apply if, in accordance with the articles, the chairman or other director is not to be counted as participating in the decision-making process for quorum or voting purposes.

Annotations

Commencement

I1

Sch. 3 art. 14 in force at 1.10.2009, see reg. 1