Corporations Act 2001

CHAPTER 2G - MEETINGS  

PART 2G.1 - DIRECTORS ' MEETINGS  

Note: Section 1228 applies instead of this Part in relation to a CCIV.

Division 2 - Directors' meetings  

SECTION 248G   PASSING OF DIRECTORS' RESOLUTIONS (REPLACEABLE RULE SEE SECTION 135)  

248G(1)   [ Majority vote]  

A resolution of the directors must be passed by a majority of the votes cast by directors entitled to vote on the resolution.

248G(2)   [ Casting vote]  

The chair has a casting vote if necessary in addition to any vote they have in their capacity as a director.

Note: The chair may be precluded from voting, for example, by a conflict of interest.