Section Sch5-6 — Companies Act 1993: Proxies

6 Proxies (1) A creditor may exercise the right to vote either by being present in person or by proxy. (2) A proxy for a creditor is entitled to attend and be heard at a meeting of creditors as if the proxy were the creditor. (3) A proxy must be appointed by notice in writing signed by the creditor and the notice must state whether the appointment is for a particular meeting or a specified term not exceeding 12 months. (4) No proxy is effective in relation to a meeting unless a copy of the notice of appointment is delivered to the liquidator or, if no liquidator is acting, to the person by whom the notice convening the meeting was given, not less than 2 working days before the start of the meeting. Subclause (4) was amended, as from 30 June 1997, by section 23(2) Companies Act 1993 Amendment Act 1997 (1997 No 27) by substituting the words “ not less than 2 working days ” for the words “ not later than 48 hours ” .