# The Investment Bank Special Administration (Scotland) Rules 2011, Rule 72: Requisite majorities


At a meeting of creditors, clients, or of creditors and clients, a resolution is passed when a majority (in value) of those present and voting, in person or by proxy, have voted in favour of it.

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Source: https://www.legislation.gov.uk/uksi/2011/2262/rule/72 (the official version)
Page: https://openlegislation.uk/investment-bank-special-administration-scotland-rules-2011/rule-72
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.