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Commentary

184.4 Opting out

COMPANIES vol 11 acquisitions, mergers, demergers
| Commentary

184.4 Opting out

| Commentary

184.4 Opting out

A company may revoke an opting-in resolution by a further special resolution (opting-out resolution) which must again specify the date from which it is to have effect1. If, in association with this decision, the company makes any change to the company’s articles of association which would contravene the condition set out in Paragraph 184.2.2 above, this change will be of no effect until the effective date of an opting-out resolution passed by the company2.

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