A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

CORPORATIONS ACT 2001

CHAPTER 2G - MEETINGS  

PART 2G.4 - MEETINGS OF MEMBERS OF REGISTERED MANAGED INVESTMENT SCHEMES  

Division 5 - Proxies and body corporate representatives  

SECTION 252V  WHO CAN APPOINT A PROXY  

252V(1)  [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.

252V(2)  [Number of votes]  


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

252V(3)  [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.

252V(4)  [Fractions of votes]  


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

 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page