Prospective
Members’ reserve powerU.K.
This section has no associated Explanatory Memorandum
4.—(1) The members may, by special resolution, direct the directors to take, or refrain from taking, specified action.
(2) No such special resolution invalidates anything which the directors have done before the passing of the resolution.
Commencement Information
I1Sch. 2 para. 4 in force at 1.10.2009, see reg. 1