On Tuesday 1 September, ISLA held an Extraordinary General Meeting to seek approval for amendments to the Articles and Rules of the Association.
We are pleased to confirm that both resolutions were formally passed, with 70 votes cast in favour and none against. This outcome comfortably exceeded our quorum requirement of 53, as well as the threshold of 40 votes needed to pass.
Key Governance Updates (Effective 1 September 2026)
As a result of the vote, the updated Articles and Rules modernise our governance framework, aligning ISLA with UK corporate governance best practice, and enabling increased operational efficiencies.
Key changes now in effect include:
- Sub-Committee Structure: Formally defined role, scope and composition criteria for all Board sub-committees.
- Legal Entity Structure: Clear transparent articulation of ISLA’s legal entity structure.
- Operational Changes & Quorum Requirements: Revision of the quorum threshold for operational changes from one-third to one-tenth of voting members. This aligns with UK legal recommendations and peer UK trade association benchmarks, enabling greater operational agility.
- Expanded Future Board Capacity: Flexibility to expand the total number of ISLA Board seats to accommodate potential future strategic requirements, with Board approval. The current Board election process will remain at 15 Board seats.
- Board Composition: The Board has approved the direct appointment of the ISLA CEO as a Director on the ISLA Board, aligning our structure with UK corporate governance standards and peer UK trade association models.
The revised Articles and Rules are now live and accessible via the ISLA website.
Thank you to all voting members, your continued engagement and support are invaluable to the effective governance and long-term success of the Association.
