Corporations Amendment Regulations 2007 (No. 13) (325 of 2007)

Schedule 1   Amendments

[35]   Regulation 5.6.33

substitute

5.6.33 Voting by proxy if financially interested

A person acting under a general proxy must not vote in favour of any resolution which would directly or indirectly place:

(a) the person; or

(b) the person's partner; or

(c) the person's employer;

in a position to receive any remuneration out of assets of the company except as a creditor rateably with the other creditors of the company.