(1) This section shall have effect with respect to the variation of the rights attached e to any class of shares in a DAC whose share capital is divided into shares of different classes, whether or not the DAC is being wound up.
(2) Where the rights are attached to a class of shares in the DAC otherwise than by the memorandum, and the articles of the DAC do not contain provision with respect to the variation of the rights, those rights may be varied if, but only if -
(a) the holders of 75 per cent, in nominal value, of the issued shares of that class, consent in writing to the variation, or
(b) a special resolution, passed at a separate general meeting of the holders of that class, sanctions the variation,
and any requirement (however it is imposed) in relation to the variation of those rights is complied with, to the extent that it is not comprised in the requirements in paragraphs (a) and (b).
(3) Where -
(a) the rights are attached to a class of shares in the DAC by the memorandum o
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