9.2.—(1) A proxy is a document made by a creditor, member or contributory which directs or authorises another person (a “proxy-holder”) to act as the representative of the creditor, member or contributory at a meeting, or meetings, by speaking, voting, abstaining, or proposing resolutions.
(2) A proxy may be either—
(a)a specific proxy which relates to a specific meeting; or
(b)a continuing proxy for the insolvency proceedings.
(3) A specific proxy must—
(a)direct the proxy-holder how to act at the meeting by giving specific instructions; or
(b)authorise the proxy-holder to act at the meeting without specific instructions; or
(c)contain both direction and authorisation.
(4) A proxy is to be treated as a specific proxy for the meeting which is identified in the proxy unless it states that it is a continuing proxy for the insolvency proceedings.
(5) A continuing proxy must authorise the proxy-holder to attend, speak, vote or abstain, or to propose resolutions without giving the proxy-holder any specific instructions.
(6) A continuing proxy may be superseded by a proxy for a specific meeting or withdrawn by a written notice to the office-holder.
(7) A creditor, member or contributory may appoint more than one person to be proxy-holder but if so—
(a)their appointment is as alternates; and
(b)only one of them may act as proxy-holder at a meeting.
(8) The proxy-holder must be an individual.