Revised Laws of Saint Lucia (2021)

146.   Registrant's duty

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    (1)   Shares of a company that are registered in the name of a registrant or his or her nominee and not beneficially owned by the registrant may not be voted unless the registrant after the receipt thereof sends to the beneficial owner—

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      (a)     a copy of the notice of the meeting, financial statements, management proxy circular, dissident's proxy circular and any other documents sent to shareholders by or on behalf of any person for use in connection with the meeting, other than the form of proxy; and

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      (b)     except where the registrant has received written voting instructions from the beneficial owner, a written request for voting instructions.

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    (2)   A registrant may not vote or appoint a proxy holder to vote shares registered in his or her name or in the name of his or her nominee that he or she does not beneficially own unless he or she receives voting instructions from the beneficial owner of the shares.

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    (3)   A person by or on behalf of whom a solicitation is made shall, at the request of a registrant, furnish to the registrant at that person's expense the necessary number of copies of the documents referred to in subsection (1)(a).

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    (4)   A registrant shall vote or appoint a proxy holder to vote any shares referred to in subsection (1) in accordance with any written voting instructions received from the beneficial owner.

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    (5)   If requested by a beneficial owner of shares of a company, the registrant of those shares shall appoint the beneficial owner or a nominee of the beneficial owner as proxy holder for those shares.

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    (6)   The failure of a registrant to comply with this section does not render void any meeting of shareholders or any action taken at the meeting.