Table of Contents
Page Overview
Document Overview
Schedule 8 Provisions supplementary to Section 13
1 The provisions of this Schedule explain expressions used in section 13 above and otherwise supplement that section.
2 In section 13(9)(a) and (c) the references to the voting rights in a body corporate are to the rights conferred on shareholders in respect of their shares or, in the case of a body corporate not having a share capital, on members, to vote at general meetings of the body corporate on all, or substantially all, matters.
(1) For the purposes of section 13(9)(a) and (c) the reference to the right to appoint or remove a majority of the board of directors is to the right to appoint or remove directors holding a majority of the voting rights at meetings of the board on all, or substantially all, matters.
(2)[deleted]
(1) A body is to be treated for the purposes of section 13(9) as having the right to appoint to a directorship if -