(1) In subsection (1) of section 60 of the 1986 Act (directors: elections and retirements), for paragraph (a) there shall be substituted the following paragraph -
"(a) on a poll taken at the annual general meeting of the society, or".
(2) After that subsection there shall be inserted the following subsection -
"(1A) Where directors of a building society are to be elected to office on a poll taken at the annual general meeting of the society, a form for the appointment of a proxy shall be sent to each person entitled to notice of the meeting."
(3) For subsection (3) of that section there shall be substituted the following subsections -
"(3) Where, in the case of an election of directors of a building society, there are more candidates than vacancies to be filled by the election, a person entitled to vote in the election -
(a) shall have one vote in respect of every vacancy, but
(b) cannot be required to cast all or any of his votes.
(3A) Where, in the case of an election of directors of
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