{
  "url": "https://openlegislation.uk/postal-administration-scotland-rules-2016/article-77",
  "json_url": "https://openlegislation.uk/postal-administration-scotland-rules-2016/article-77.json",
  "legislation": "uksi/2016/900",
  "legislation_title": "The Postal Administration (Scotland) Rules 2016",
  "legislation_url": "https://openlegislation.uk/postal-administration-scotland-rules-2016",
  "path": "article/77",
  "kind": "article",
  "number": "77",
  "heading": "Proxy-holder with financial interest",
  "text": "(1) A proxy-holder shall 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 company, unless the proxy specifically directs the proxy-holder to vote that way.\n(2) Where a proxy-holder has signed the proxy as being authorised to do so by the proxy-holder’s principal and the proxy specifically directs the proxy-holder to vote in the way mentioned in paragraph (1), the proxy-holder shall nevertheless not vote in that way unless the proxy-holder produces to the chair of the meeting written authorisation from proxy-holder’s principal sufficient to show the proxy-holder was entitled so to sign the proxy.\n(3) This Rule applies also to any person acting as chair of a meeting and using proxies in that capacity in accordance with Rule 74(3); and in the application of this Rule to any such person, the proxy-holder is deemed an associate of that person.",
  "extent": "S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in rule 77(3) substituted (13.4.2017) by The Postal Administration (Scotland) (Amendment) Rules 2017 (S.I. 2017/441), rules 1, 2(11)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Rule 77 in force at 1.10.2016, see rule 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2016/900/article/77",
    "retrieved_at": "2026-10-28T23:20:15.032343+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."
}