THE CORPORATIONS LAW

CHAPTER 2G - MEETINGS

PART 2G.1 - DIRECTORS' MEETINGS

Division 2 - Directors' meetings

SECTION 248G   PASSING OF DIRECTORS' RESOLUTIONS (replaceable rule - see section 135)  

248G(1)  [Majority vote]  

A resolution of the directors must be passed by a majority of the votes cast by directors entitled to vote on the resolution.

248G(2)  [Casting vote]  

The chair has a casting vote if necessary in addition to any vote they have in their capacity as a director.

Note:

The chair may be precluded from voting, for example, by a conflict of interest.


 

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