Section 294
Votes by proxy
ActIn forceProvision 294 of 768
Section 294
(2)
Where a member entitled to vote on a resolution has appointed more than one proxy—
(a)
the proxies shall only be entitled to vote on poll; and
(b)
the appointment shall not be valid unless he specifies the proportions of his holdings to be represented by each proxy.
(3)
Notwithstanding subsection (1), in the case of a company whose shares are quoted on a stock exchange, if a member entitled to vote on a resolution has appointed more than one proxy, the entitlement of those proxies to vote on a show of hands shall be in accordance with the listing requirements of the stock exchange.