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SANCTUARY COVE RESORT ACT 1985 - SECT 24
Member’s nominee
(1) This section applies to a member of the principal body corporate for
appointing a person (a
"nominee" ) to represent and vote on behalf of the member at meetings of the
principal body corporate.
(2) A subsidiary body corporate of the principal
body corporate— (a) must appoint a nominee at its annual general meeting;
and
(b) otherwise, may appoint a nominee from time to time.
(3) A member of
the principal body corporate, other than a subsidiary body corporate, may
appoint a nominee from time to time.
(4) Subject to section 24A , a nominee
appointed by a subsidiary body corporate must be a member of the subsidiary
body corporate.
(5) The appointment of a nominee has no effect until written
notice of the appointment is received by the secretary of the principal body
corporate.
(6) A nominee appointed by a subsidiary body corporate must
represent the subsidiary body corporate— (a) in the way the subsidiary body
corporate directs; and
(b) subject to paragraph (a) , in a way that is in the
best interests of the subsidiary body corporate.
(7) The appointment of a
nominee for a member ends when the first of the following happens— (a) the
end of 1 year after the appointment;
(b) the secretary of the principal body
corporate receives written notice of— (i) the cancellation of the
nominee’s appointment; or
(ii) the appointment of another nominee for the
member.
(8) A written notice under subsection (5) or (7) (b) must be
signed— (a) for an appointment or cancellation made by a subsidiary body
corporate—by the chairperson and secretary of the subsidiary body corporate;
or
(b) otherwise—by the member.
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