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Section 304 of The Companies Act No. 17 of 2015: Notice to be given to company of termination of proxy’s authority

    

(1) A member of a company who has appointed a person to act as a proxy of the member may terminate the appointment by notice.
(2) The termination of the appointment of a person to act as proxy does not affect—
(a) whether the person counts in deciding whether there is a quorum at a meeting of the company;
(b) the validity of anything that the person does in presiding at the meeting; or
(c) the validity of a poll demanded by the person at the meeting, unless the company has received notice of the termination before the start of
the meeting.
(3) The termination of the authority of a person to act as proxy does not affect the validity of a vote given by that person unless the company receives notice of the termination—
(a) before the start of the meeting or adjourned meeting at which the vote is cast; or
(b) in the case of a poll taken more than forty-eight hours after it is demanded—before the time fixed for taking the poll.
(4) If the company's articles require or permit members to give notice of termination to a person other than the company, this section has effect as if the references in this section to a company included references to that person.
(5) Subject to subsection (6), subsections (2) and (3) have effect subject to any provision of the company's articles that has the effect of requiring notice of termination to be received by the company or another person at a time earlier than that specified in those subsections.
(6) A provision of the company's articles is void to the extent that it would have the effect of requiring notice of termination to be received by the company or another person earlier than whichever of the following periods is applicable:
(a) in the case of a meeting or adjourned meeting, forty-eight hours before the time for holding the meeting or adjourned meeting;
(b) in the case of a poll taken more than forty-eight hours after it was demanded, twenty four hours before the time appointed for the taking of the poll;
(c) in the case of a poll taken not more than forty-eight hours after it was demanded, the time at which it was demanded.
(7) In calculating the periods referred to in subsections (3)(b) and (6), no account is to be taken of any part of a day that is not a working day.

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Disclaimer: This document is not to be taken as legal advise.

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