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CORPORATIONS ACT 2001

CHAPTER 2G - MEETINGS  

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

Division 6 - Voting at meetings of members  

SECTION 253C  HOW MANY VOTES A MEMBER HAS  

253C(1)  [Show of hands]  


On a show of hands, each member of a registered scheme has 1 vote.

253C(2)  [Poll]  


On a poll, each member of the scheme has 1 vote for each dollar of the value of the total interests they have in the scheme.

Note 1: For rights to appoint proxies, see section 252V.

Note 2: Unless otherwise specified in the appointment, a body corporate representative has all the powers that a body corporate has as a member (including the power to vote on a show of hands).


 



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