{
  "url": "https://openlegislation.uk/smart-meter-communication-licensee-administration-england-and-wales-rules-2020/article-148",
  "json_url": "https://openlegislation.uk/smart-meter-communication-licensee-administration-england-and-wales-rules-2020/article-148.json",
  "legislation": "uksi/2020/629",
  "legislation_title": "The Smart Meter Communication Licensee Administration (England and Wales) Rules 2020",
  "legislation_url": "https://openlegislation.uk/smart-meter-communication-licensee-administration-england-and-wales-rules-2020",
  "path": "article/148",
  "kind": "article",
  "number": "148",
  "heading": "Proxy-holder with financial interest",
  "text": "(1) A proxy-holder must not vote for a resolution which would—\n(a) directly or indirectly place the proxy-holder or any associate of the proxy-holder in a position to receive any remuneration, fees or expenses from the assets of the SMCL; or\n(b) fix or change the amount of or the basis of any remuneration, fees or expenses receivable by the proxy-holder or any associate of the proxy-holder out of the assets of the SMCL.\n(2) However a proxy-holder may vote for such a resolution if the proxy specifically directs the proxy-holder to vote in that way.\n(3) Where an SMCL administrator is appointed as proxy-holder and that proxy is used under Rule 146(2) by another person acting as chair, the SMCL administrator is deemed to be an associate of the person acting as chair.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2020/629/article/148",
    "retrieved_at": "2026-10-28T22:29:12.067094+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."
}