MEETINGS OF MEMBERS OF REGISTERED MANAGED INVESTMENT SCHEMES
Proxies and body corporate representatives
SECTION 252VWHO CAN APPOINT A PROXY
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.
Number of votes]
The appointment may specify the proportion or number of votes that the proxy may exercise.
One or two proxies]
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.
Fractions of votes]
Disregard any fractions of votes resulting from the application of subsection (2) or (3).