THE CORPORATIONS LAW
CCH Note:
Part 13 of the Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 2G - MEETINGS
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Hide history notePART 2G.4 - MEETINGS OF MEMBERS OF REGISTERED MANAGED INVESTMENT SCHEMES
Division 5 - Proxies and body corporate representatives
SECTION 252V WHO CAN APPOINT A PROXY 252V(1) (Proxy) A member of a registered scheme who is entitled to attend and cast a vote at a meeting of the scheme's members may appoint a person as the member's proxy to attend and vote for the member at the meeting. 252V(2) (Number of votes) The appointment may specify the proportion or number of votes that the proxy may exercise. 252V(3) (1 or 2 proxies) A member may appoint 1 or 2 proxies. If the member appoints 2 proxies and the appointment does not specify the proportion or number of the member's votes each proxy may exercise, each proxy may exercise half of the votes. 252V(4) (Fractions of votes) Disregard any fractions of votes resulting from the application of subsection (2) or (3).This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.