Variable Capital Companies Act 2018 · 2020 Revised Edition · Part 6 · Management and Administration
79. Convening of extraordinary general meeting on requisition and calling of meetings
Feedback & supportSections 176 and 177 of the Companies Act 1967 apply in relation to a VCC as they apply in relation to a company with a share capital, subject to section 5 and the following modifications:
VCC
“VCC” or “variable capital company” means a body corporate incorporated as such under this Act;
a reference to treasury shares in sections 176(1A) and 177(1) of the Companies Act 1967 is to shares held by a subsidiary of a VCC under section 22(6) or (11) (if any);
subsidiary
“subsidiary” has the meaning given by section 5 of the Companies Act 1967;
section 177(4) of the Companies Act 1967 is omitted;
all references relating to a company not having a share capital are omitted.
company
“company” has the meaning given by section 4(1) of the Companies Act 1967;