Section 85
of International Business Companies Order, 2000
ORDERIn forceProvision 86 of 189
Section 85
(1)
Except as otherwise provided in the Memorandum or Articles, or in the terms of issue of any shares or class of share all shares vote as one class and each whole share has one vote.
(2)
The directors of an IBC may fix the date notice is given of a meeting as the record date for determining those shares that are entitled to vote at the meeting.
Voting trusts.