(1) Subject to subsection (3), a credit union may allow in its rules for any member of the credit union entitled to attend and vote at a general meeting of the credit union to be entitled to appoint another person (whether a member or not) as the member's proxy to attend and vote instead of the member
(2) A proxy so appointed shall have the same right as the member to speak at the meeting and to vote on a show of hands and on a poll.
(3) Unless the rules of the credit union otherwise provide, a member of a credit union shall not be entitled to appoint more than one proxy to attend on the same occasion.
(4) The instrument appointing a proxy (the ‘instrument of proxy’) shall be in the form provided for in the rules of a credit union and shall be in writing -
(a) under the hand of the appointer or of the appointer's attorney duly authorised in writing, or
(b) if the appointer is a body corporate, either under seal of the body corporate or under the hand of an officer or attorney of it
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