Company Law Reform Bill [HL]

moved Amendments Nos. 158 and 159:"Page 126, line 23, leave out ““10%”” and insert ““the required percentage””""Page 126, line 24, at end insert—" ““(   )   The required percentage is 10% unless, in the case of a private company, more than twelve months has elapsed since the end of the last general meeting— (a)   called in pursuance of a requirement under this section, or (b)   in relation to which any members of the company had (by virtue of an enactment, the company’s articles or otherwise) rights with respect to the circulation of a resolution no less extensive than they would have had if the meeting had been so called at their request, in which case the required percentage is 5%.”” On Question, amendments agreed to. Clause 321 [Members’ power to require independent report on poll]: