Companies Clauses Consolidation Act 1888 (c. 48)

Companies Clauses Consolidation Act 1888

1888 CHAPTER 48

An Act to amend the Companies Clauses Consolidation Act, 1845, in respect to voting by Proxy.

[24th December 1888]

Be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:

1 Short title.

This Act may be cited as the Companies Clauses Consolidation Act, 1888, and the Companies Clauses Consolidation Act, 1845, and this Act may be cited together as the Companies Clauses Consolidation Acts, 1845 and 1888; and this Act shall be construed together with the said Act as part thereof.

2 Amendment of 8 & 9 Vict. c.16 s.76 as to proxies.

To section seventy-six of the Companies Clauses Consolidation Act, 1845, the following words shall be added: "Provided, " that where the shareholder is a member of a body corporate, the " proxy may be any member of such body, though not personally " a shareholder in the company."

3 Proxy to be taken to be shareholder.

Such a proxy shall, during the continuance of his appointment, be taken in virtue thereof to be a shareholder in the company to which his appointment relates, holding the number of shares held by the corporation by whom he is appointed, for all purposes except the transfer of any such share or the giving receipts for any dividend thereon.

4 Forms of proxy papers.

The appointment may be made and revoked in the following form:—

FORMS OF PROXY PAPERS.

1. General Appointment.

2. Revocation of General Proxy.

3. Special Appointment.