ADVOKS GLOBAL · KENYA
The Capital Markets (Collective Investment Schemes) Regulations
86. Resolutions
Edition: 2022-12-31 · In force
86. Resolutions
(1)Except where an extraordinary resolution is specifically required or permitted by these Regulations, any resolution required under the Companies Act or these Regulations shall be passed by a simple majority of the votes validly cast for and against the resolution at a general meeting of holders.(2)In the case of an equality of votes cast, in respect of a resolution, put to a general meeting, any chairman appointed pursuant to the incorporation documents shall be entitled to a casting vote in addition to any other vote he may have.(3)An extra-ordinary resolution shall mean a resolution passed at an extra-ordinary meeting as defined in Regulation 83 (2).