Regulation 140 Notice required of meeting

(1)

A general meeting must be called by notice of at least 14 days.

(2)

Paragraph (1) does not apply where—

(a)

the protected cell company’s instrument of incorporation requires a longer period; or

(b)

the meeting is an adjourned meeting.

(3)

Notice must be sent to—

(a)

every shareholder who is entitled to vote at the meeting;

(b)

any person who is entitled to a voting share in consequence of the death or bankruptcy of the person holding the voting share, provided the protected cell company has been notified of such an entitlement; and

(c)

every director.

(4)

In sub-paragraph (b) of paragraph (3), the reference to bankruptcy includes—

(a)

the sequestration of the estate of a person; or

(b)

a person’s estate being the subject of a protected trust deed (within the meaning of the Bankruptcy (Scotland) Act 2016).

(5)

Paragraph (3) has effect subject to—

(a)

any enactment; or

(b)

any provision of the protected cell company’s instrument of incorporation.

(6)

The notice must state—

(a)

the time and date of the meeting;

(b)

the place of the meeting; and

(c)

the general nature of the business to be dealt with at the meeting.