Explanatory Notes

Deregulation Act 2015

2015 CHAPTER 20

26 March 2015

Commentary on Sections

Schedule 6:  Insolvency and company law

Part 8: Requirements of company law: proxies

Proxies at a poll taken 48 hours or less after it was demanded

602.Paragraphs 29 and 30 repeal two minor drafting errors in the Companies Act 2006 in relation to the notice provisions for appointing a proxy or terminating a proxy’s authority. The provisions to be repealed are redundant and were never commenced.

603.These paragraphs form part of the law of England and Wales, Scotland and Northern Ireland. They come into force at the end of the period of 2 months beginning with the day on which the Act is passed.