Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW- 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 Exchange of a resolution passed by members at a meeting of the company must, at the same time, give the Exchange the information specified in subsection (1).

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

(a)
incorporated in Australia; and
(b)
included in an official list of the Exchange.
(4)
This section applies despite anything in the company's constitution.



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