Finance (Miscellaneous Provisions) Act 2020

Amendment of section 2 of Act of 1997

3. Section 2 of the Act of 1997 is amended—

(a) in subsection (1)—

(i) in the definition of “special resolution”, by the insertion of “or, subject to the rules of the credit union, by proxy” after “in person”, and

(ii) by the insertion of the following definitions:

“ ‘Covid-19’ means a disease caused by infection with the virus SARS-CoV-2 and specified as an infectious disease in accordance with Regulation 6 of, and the Schedule to, the Infectious Diseases Regulations 1981 (S.I. No. 390 of 1981) or any variant of the disease so specified as an infectious disease in those Regulations;

‘interim period’ means—

(a) the period beginning on the date of the passing of the Finance (Miscellaneous Provisions) Act 2020 and ending on 30 April 2021, and

(b) such other period (if any) as may be specified by order under section 3A;”,

(b) by the substitution of the following subsection for subsection (2):

“(2) Any reference in this Act to a member present at a meeting means—

(a) in the case of a member who is not a natural person, being represented at the meeting by a representative, as mentioned in section 82(4), and

(b) in the case of a member who has appointed a proxy under section 82A, being represented at the meeting by such proxy.”,

and

(c) by the insertion of the following subsection after subsection (2) (as amended by paragraph (b)):

“(2A) Any reference in this Act to a member present and voting at a general meeting shall be construed as including a reference to a member in attendance and voting at a general meeting conducted wholly or partly by the use of electronic communications technology (within the meaning of section 78A).”.