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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 253L  WHEN A POLL IS EFFECTIVELY DEMANDED  

253L(1)  [ Who may demand a poll]  


At a meeting of a registered scheme's members, a poll may be demanded by:


(a) at least 5 members present entitled to vote on the resolution; or


(b) members present with at least 5% of the votes that may be cast on the resolution on a poll; or


(c) the chair.

253L(2)  [ Scheme's constitution]  


A registered scheme's constitution may provide that fewer members or members with a lesser percentage of votes may demand a poll.

253L(3)  [ When poll may be demanded]  


The poll may be demanded:


(a) before a vote is taken; or


(b) before the voting results on a show of hands are declared; or


(c) immediately after the voting results on a show of hands are declared.

253L(4)  [ Percentage of votes]  


The percentage of votes that members have is to be worked out as at close of business on the day before the poll is demanded.

 



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