Status: You are viewing the version of the handbook as on 2005-06-30.

voting power

    (in relation to an undertaking) (in accordance with section 422(7) of the Act (Controller)) voting power exercisable at a general meeting of the undertaking or, if the undertaking does not have general meetings at which matters are decided by the exercise of voting rights, the right under the constitution of the undertaking to direct the overall policy of the undertaking or to alter the terms of its constitution.1