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Resolutions

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Resolutions

  • This topic has 3 replies, 2 voices, and was last updated 2 weeks ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • June 12, 2025 at 5:24 pm #717912
    meganj
    Participant
    • Topics: 1
    • Replies: 1
    • ☆

    Hi,

    Could you please clarify if ordinary resolutions require more than 50% of the total voting rights of eligible members or 50% of the voting rights of members who are present at the meeting and cast a vote? Whilst doing practice questions, I am getting conflicting answers. Similarly for special resolutions 75%.

    Thank you very much for the lectures.

    June 13, 2025 at 6:21 am #717920
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Hi Megan

    In both situations (ordinary and special resolutions) the majority required is “one more vote than 50% of the votes cast by those who are present and who are entitled to vote and who do vote, in person or by proxy, in favour of … at a meeting of which proper notice has been given”

    Is that ok now?

    June 17, 2025 at 8:23 pm #717966
    meganj
    Participant
    • Topics: 1
    • Replies: 1
    • ☆

    That’s great, thank you very much for confirming and for the open tuition lectures.

    June 17, 2025 at 9:22 pm #717967
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Megan – I’ve just reread my previous post. The ‘one more vote than 50% …’ does not apply to special resolutions. Because, of course, the special resolutions require a 75% majority in favour.

    The principle is, nevertheless, the same. For a special resolution to be passed, the votes are counted and the votes in favour must be 75% or greater of the total number of votes cast. No votes, abstentions, absentees – none of these are included in the reckoning. It’s the votes cast by members present in person or by proxy …

    I’m grateful for your post for which this is a response – it gave me the opportunity to amend what I now see could be a very confusing previous response of mine last time.

    Better, again?

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    Posts
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