PART 2G.4 - MEETINGS OF MEMBERS OF REGISTERED MANAGED INVESTMENT SCHEMES
Division 1 - Who may call meetings of members
SECTION 252DCALLING OF MEETINGS OF MEMBERS BY MEMBERS
252D(1)[Members may call meeting]
Members of a registered scheme who hold interests carrying at least 5% of the votes that may be cast at a meeting of the scheme's members may call and arrange to hold a meeting of the scheme's members to consider and vote on a proposed special resolution or a proposed extraordinary resolution. The members calling the meeting must pay the expenses of calling and holding the meeting.
252D(2)[How meeting to be called]
The meeting must be called in the same way - so far as is possible - in which meetings of the scheme's members may be called by the responsible entity.
252D(3)[Percentage of votes]
The percentage of the votes carried by interests that members hold is to be worked out as at the midnight before the meeting is called.