Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 251AA

Disclosure of proxy votes--listed companies

  (1)   A company must record in the minutes of a meeting, in respect of each resolution in the notice of meeting, the total number of proxy votes exercisable by all proxies validly appointed and:

  (a)   if the resolution is decided by a show of hands--the total number of proxy votes in respect of which the appointments specified that:

  (i)   the proxy is to vote for the resolution; and

  (ii)   the proxy is to vote against the resolution; and

  (iii)   the proxy is to abstain on the resolution; and

  (iv)   the proxy may vote at the proxy's discretion; and

  (b)   if the resolution is decided on a poll--the information specified in paragraph   (a) and the total number of votes cast on the poll:

  (i)   in favour of the resolution; and

  (ii)   against the resolution; and

  (iii)   abstaining on the resolution.

  (2)   A company that must notify the operator of each market on which financial products of the company are listed of a resolution passed by members at a meeting of the company must, at the same time, give the relevant market operator the information specified in subsection   (1).

  (3)   This section only applies to a company that is listed.

  (4)   This section applies despite anything in the company's constitution.


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