Explanatory Notes

Companies Act 2006

2006 CHAPTER 46

8 November 2006

Existing Law

General provision about written resolutions

Section 289: Eligible members

532.The eligibility of members to vote on a written resolution is fixed on the day the resolution is circulated. Subsection (2) ensures that the same shares cannot be voted more than once on the same written resolution. If the person entitled to vote changes during the course of that day, the eligible member is the person entitled to vote at the time that the first copy of the resolution is sent or submitted to a member for his agreement.