Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW- SECT 252V

Who can appoint a proxy

 
 
(1)
A member of a registered scheme who is entitled
to attend and cast a vote at a meeting of the scheme's members may appoint a
person as the member's proxy to attend and vote for the member at the
meeting.


(2)
The appointment may specify the proportion or number of votes
that the proxy may exercise.


(3)
A member may appoint 1 or 2 proxies. If the member appoints 2
proxies and the appointment does not specify the proportion or number of the
member's votes each proxy may exercise, each proxy may exercise half of the
votes.


(4)
Disregard any fractions of votes resulting from the application
of subsection (2) or (3).