{
  "url": "https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-scotland-rules-2022/rule-88",
  "json_url": "https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-scotland-rules-2022/rule-88.json",
  "legislation": "uksi/2022/1239",
  "legislation_title": "The Payment and Electronic Money Institution Insolvency (Scotland) Rules 2022",
  "legislation_url": "https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-scotland-rules-2022",
  "path": "rule/88",
  "kind": "rule",
  "number": "88",
  "heading": "Issue and use of forms",
  "text": "(1) Forms of proxy must be sent out with every notice calling a meeting to be held in the special administration and such form must be a “blank proxy”.\n(2) A “blank proxy” is a document which—\n(a) complies with the requirements in this rule,\n(b) when completed with the details specified in paragraph (4) will be a proxy as described in rule 87.\n(3) A blank proxy must state that the principal named in the document (when completed) appoints a person who is named or identified as the proxy-holder of the principal.\n(4) The specified details are—\n(a) the name and address of the creditor, customer, member or contributory,\n(b) either the name of the proxy-holder or the identification of the proxy-holder (such as the chair of the meeting or the administrator),\n(c) a statement that the proxy is—\n(i) for a specific meeting, which is identified in the proxy, or\n(ii) a continuing proxy for the proceedings,and\n(d) if the proxy is for a specific meeting, instructions as to the extent to which the proxy-holder is directed to vote in a particular way, to abstain or to propose any resolution.\n(5) When it is delivered to the principal, a blank proxy must not contain the name or description of any person as proxy-holder, or instructions as to how a proxy-holder is to act.\n(6) A blank proxy must have a note to the effect that the proxy may be completed with the name of the person or the chair of the meeting who is to be proxy-holder.\n(7) A form of proxy must be authenticated by the principal, or by some person authorised by that principal (either generally or with reference to a particular meeting).\n(8) If the form is authenticated by a person other than the principal, the nature of the person’s authority must be stated.",
  "extent": "S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Rule 88 in force at 19.12.2022, see rule 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2022/1239/rule/88",
    "retrieved_at": "2026-10-28T21:53:01.073399+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."
}