Finance (Miscellaneous Provisions) Act 2020

Amendment of section 80 of Act of 1997

7. Section 80 of the Act of 1997 is amended—

(a) in subsection (2)—

(i) by the substitution of the following paragraph for paragraph (a):

“(a) shall state the date, time, place (where applicable) and manner of holding (where applicable) of the general meeting;”,

(ii) in paragraph (c), by the substitution of “;” for “; and”,

(iii) in paragraph (d), by the substitution of “union, and” for “union.”, and

(iv) by the insertion of the following paragraph after paragraph (d):

“(e) shall, in the case of a general meeting proposed to be held wholly or partly by the use of electronic communications technology, state—

(i) the electronic platform to be used for the meeting,

(ii) details for access to the electronic platform,

(iii) where required by a credit union, the time and manner by which an attendee must confirm his or her intention to attend the meeting,

(iv) any requirements or restrictions which the credit union has put in place in order to identify attendees who intend to attend the meeting,

(v) the procedure for attendees to communicate questions and comments during the meeting, and

(vi) the procedure to be adopted for voting on resolutions proposed to be passed at the meeting.”,

and

(b) in subsection (4), by the insertion of “and containing such information” after “in such form”.