CIMA BA4 · Chapter 13 · Question 2 of 10
Under English law, which type of resolution requires a majority of not less than 75% of the votes cast?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) A special resolution
Explanation
Under section 283 of the Companies Act 2006, a special resolution requires a majority of not less than 75% (of the votes cast at a meeting, or of the total voting rights of eligible members for a private company's written resolution), while an ordinary resolution under section 282 needs a simple majority (more than 50%). Board resolutions are decisions of directors, and public companies cannot use the statutory written resolution procedure.
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