{
  "url": "https://openlegislation.uk/energy-supply-company-administration-rules-2013/article-138",
  "json_url": "https://openlegislation.uk/energy-supply-company-administration-rules-2013/article-138.json",
  "legislation": "uksi/2013/1046",
  "legislation_title": "The Energy Supply Company Administration Rules 2013",
  "legislation_url": "https://openlegislation.uk/energy-supply-company-administration-rules-2013",
  "path": "article/138",
  "kind": "article",
  "number": "138",
  "heading": "Proxy holder with financial interest",
  "text": "(1) A proxy-holder must not vote in favour of any resolution which would directly or indirectly place the proxy-holder or any associate of the proxy-holder, in a position to receive any remuneration out of the assets of the energy supply company, unless the proxy specifically directs the proxy-holder to vote in that way.\n(2) Where a proxy-holder has authenticated the proxy as being authorised to do so by the principal and the proxy specifically directs the proxy-holder to vote in the way mentioned in paragraph (1), the proxy-holder must nevertheless not vote in that way unless the proxy-holder produces to the chair of the meeting written authorisation from the principal sufficient to show that the proxy-holder was entitled so to authenticate the proxy.\n(3) This Rule applies also to any person acting as chair of a meeting and using proxies in that capacity under Rule 135; and in its application to the chair, the proxy-holder is deemed to be an associate of the chair.\n(4) In this Rule “associate” shall have the same meaning as in section 435 of the 1986 Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/1046/article/138",
    "retrieved_at": "2026-10-29T00:55:53.710697+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}