Regulation 114

At a meeting of creditors a resolution shall be deemed to be passed when a majority in number and value of the creditors present, personally or by proxy, and voting on the resolution, have voted in favour of the resolution, and at a meeting of the partners a resolution shall be deemed to be passed when a majority in number and value of the partners present, personally or by proxy, and voting on the resolution, have voted in favour of the resolution, the value of the partners being determined according to the number of votes conferred on each partner by the LLP.