Power to entrench provisions of memorandum and articles of company
26A.—(1)  An entrenching provision may —
(a)be included in the memorandum or articles with which a company is formed; and
(b)at any time be inserted in the memorandum or articles of a company only if all the members of the company agree.
[5/2004]
(2)  An entrenching provision may be removed or altered only if all the members of the company agree.
[5/2004]
(3)  The provisions of this Act relating to the alteration of the memorandum or articles of a company are subject to any entrenching provision in the memorandum or articles of a company.
[5/2004]
(4)  In this section, “entrenching provision” means a provision of the memorandum or articles of a company to the effect that other specified provisions of the memorandum or articles —
(a)may not be altered in the manner provided by this Act; or
(b)may not be so altered except —
(i)by a resolution passed by a specified majority greater than 75% (the minimum majority required by this Act for a special resolution); or
(ii)where other specified conditions are met.
[5/2004]
[UK, Bill, 2002, Clause 21]