Corporations Act 2001

CHAPTER 2G - MEETINGS  

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

Note: Section 1228A applies a modified version of this Part in relation to a CCIV. Section 1228B applies a modified version of this Part in relation to a sub-fund of a CCIV.

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.