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:...

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) [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) [Determining 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.