Queensland Consolidated Acts

INTEGRATED RESORT DEVELOPMENT ACT 1987 - SECT 168B

168B Appointment [SM, s 107]

(1) Subject to subsections (2) to (5) , a person entitled to vote at the general meeting may appoint a proxy to act for the person at the general meeting.

(2) The principal body corporate may by special resolution prohibit the use of proxies—

(a) for particular things described in the special resolution; or

(b) altogether.

(3) An appointment under subsection (1) has effect subject to the operation of a special resolution under subsection (2) .

(4) A person must not hold—

(a) if there are 20 or more lots for which there are voting entitlements for the meeting—proxies greater in number than 5% of the lots; or

(b) if there are fewer than 20 lots for which there are voting entitlements for the meeting—more than 1 proxy.

(5) The appointment of a proxy is effective only if the person or the holder of the proxy gives, by hand, post or facsimile, a properly completed proxy form to the secretary of the principal body corporate before—

(a) the start of the meeting where the proxy is to be exercised; or

(b) if the principal body corporate has fixed an earlier time by which proxies must be given (that can not, however, be earlier than 24 hours before the time fixed for the meeting)—the earlier time.