Section 751(3)

While any trustee of a trust deed remains entitled to the benefit of a provision saved by subsection (1) above the benefit of that provision may be given either— by a resolution passed by a majority of not less than 75% in value of the debenture holders present in person or, where proxies are permitted, by proxy at a meeting summoned for the purpose. to all trustees of the deed, present and future, or to any named trustees or proposed trustees of it,

← 2 · All articles · 4 →

Source: legislation.gov.uk · retrieved 2026-09-04