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HC-7.2.5

In notices of meetings at which directors are to be elected or removed the investment firm licenseeG should ensure that:

(a) Where the number of candidates exceeds the number of available seats, the notice of the meeting should explain the voting method by which the successful candidates will be selected and the method to be used for counting of votes; and
(b) The notice of the meeting should present a factual and objective view of the candidates so that shareholders may make an informed decision on any appointment to the board.
Amended: October 2012
January 2011
 Versions
(2 Versions)
 
Jan 1 2011 - Sep 30 2012Oct 1 2012 onwards
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