Shareholders' Agreements · glossary
The company's plan for its first three financial years, summarised in Schedule 5. Its first year is the first budget. Adopting or changing the plan needs the consent of both funding owners, as Reserved Matter 6. Definition: Business Plan · Schedule 5 · Chapter 6
Explained in Chapter 6, Money, of Shareholders' Agreements.
The agreement settles it. The owners approved a Business Plan for three years, summarised in Schedule 5, and its first year is the first budget. Changing the plan is a reserved matter. A new budget is approved each year, and until it is, the company runs on the old one.Read Chapter 6, Money →
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the business plan of the Company for the three Financial Years ending 31 March 2029, summarised in Schedule 5;Read the definition in the document →
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