Corporations Regulations 2001

CHAPTER 12 - FINANCIAL SECTOR REFORM  

PART 12.4 - NOTICE OF MEETINGS OF CERTAIN BODIES CORPORATE  

REGULATION 12.4.01   APPLICATION OF PART  

12.4.01(1)   [ Body corporate]  

This Part applies to a body corporate that is:

(a) a transferring financial institution of a State or Territory; or

(b) a company that is permitted to use the expression building society , credit society or credit union under section 66 of the Banking Act 1959 .

12.4.01(2)   [ Members]  

This Part applies in relation to the following members of the body corporate who are entitled to vote at a meeting of members of the body:

(a) members who hold only member shares;

(b) if the body is a company limited by guarantee - the members of the company;

(c) if the body is a company limited by shares and guarantee - the members of the company who do not hold shares in the company.

12.4.01(3)   [ Exempt meetings]  

This Part does not apply in relation to a meeting:

(a) that is held for the purposes of Chapter 5 or 6 of the Act; or

(b) to which Part 5 of Schedule 4 to that Act applies.