Companies Act 2014

186.

The business of the annual general meeting

186. The business of the annual general meeting shall include—

(a) the consideration of the company’s statutory financial statements and the report of the directors and, unless the company is entitled to and has availed itself of the audit exemption under section 360 or 365 , the report of the statutory auditors on those statements and that report;

(b) the review by the members of the company’s affairs;

(c) save where the company’s constitution provides otherwise—

(i) the declaration of a dividend (if any) of an amount not exceeding the amount recommended by the directors; and

(ii) the authorisation of the directors to approve the remuneration of the statutory auditors (if any);

(d) where the company’s constitution so provides, the election and re-election of directors;

(e) save where the company is entitled to and has availed itself of the exemption referred to in paragraph (a), the appointment or re-appointment of statutory auditors; and

(f) where the company's constitution so provides, the remuneration of the directors.