Proxy voting restriction forbids proxies from voting on resolutions that would confer financial benefit on them or their employers.

A holder of a general or special proxy must not vote on any resolution that would directly or indirectly place the proxy-holder, their partner, or their employer in a position to receive remuneration out of the company's assets except as a creditor ratably with other creditors; this prohibition applies to proxy voting at meetings of creditors and contributories in the winding-up context.

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