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In forceAmended2020 Revised Edition
Contents

Part 5 · Management and Administration

150. Appointment of directors to be voted on individually

Amended

Last amended by an amending law of 2014.

(1)

At a general meeting of a public company, a motion for the appointment of 2 or more persons as directors by a single resolution must not be made unless a resolution that it may be so made has first been agreed to by the meeting without any vote being given against it.

(2)

A resolution passed pursuant to a motion made in contravention of this section is void, whether or not its being so moved was objected to at the time.

(3)

Where a resolution pursuant to a motion made in contravention of this section is passed, no provision for the automatic re‑appointment of retiring directors in default of another appointment is to apply.

(4)

For the purposes of this section, a motion for approving a person’s appointment or for nominating a person for appointment is to be treated as a motion for the person’s appointment.

(5)

Nothing in this section —

(a)

applies to a resolution altering the company’s constitution;

(b)

prevents the election of 2 or more directors by ballot or poll.

Report

Part 6

Financial Statements and Audit

Part 7

Arrangements, Reconstructions and Amalgamations

Part 8

Part 8A

Part 9

Investigations

Part 10

Dissolution

Part 10A

Transfer of Registration

Part 11

Various Types of Companies, Etc.

Part 11A

Register of Controllers, Nominee Directors and Nominee Shareholders of Companies

Part 12

General

Schedules