Companies Act 2006

907Approval of members of merging companiesU.K.
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(1)The scheme must be approved by a majority in number, representing 75% in value, of each class of members of each of the merging companies, present and voting either in person or by proxy at a meeting.

(2)This requirement is subject to sections 916, 917 and 918 (circumstances in which meetings of members not required).