Annual general meetings

2 Oct 2020 Denise Copeland    Last updated: 2 Oct 2020

Organisations that are due to hold an AGM in the autumn will be glad to hear that new temporary rules have come into force which allow companies, registered societies and credit unions to hold general meetings online. 

At the end of June The Corporate Insolvency and Governance Act 2020 brought in special temporary rules to allow companies and mutuals to hold their AGMs and/or special general meetings online until the end of September, even if their governing documents prohibited it.   This temporary measure has now been extended to the end of December (for mutuals, the new regulations are subject to Assembly approval).   

Considering the current situation with the COVID pandemic and the uncertainty around when we can meet in large gatherings again safely, it may be advisable for organisations to use this extension period to hold a special general meeting to update their governing documents to allow general meetings to take place electronically.  

Further information 

Charity meetings during the coronavirus outbreak 

Corporate Insolvency and Governance Act 2020 (Coronavirus) (Extension of the Relevant Period) Regulations 2020 

The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Amendment of Relevant Period for Meetings of Registered Societies and Credit Unions) Regulations (Northern Ireland) 2020 subject to Assembly approval 

denise.copeland@nicva.org's picture
by Denise Copeland

Governance and Charity Advice Manager

[email protected]

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