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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History

Ch 2G inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).

PART 2G.2 - MEETINGS OF MEMBERS OF COMPANIES

Division 5 - Holding meetings of members

SECTION 249U   CHAIRING MEETINGS OF MEMBERS (replaceable rule - see section 135)  

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249U(1)  (Chairman)  

The directors may elect an individual to chair meetings of the company's members.

249U(2)  (Directors must elect chairman)  

The directors at a meeting of the company's members must elect an individual present to chair the meeting (or part of it) if an individual has not already been elected by the directors to chair it or, having been elected, is not available to chair it, or declines to act, for the meeting (or part of the meeting).

249U(3)  (Members must elect chairman in certain circumstances)  

The members at a meeting of the company's members must elect a member present to chair the meeting (or part of it) if:

(a)  a chair has not previously been elected by the directors to chair the meeting; or

(b)  a previously elected chair is not available, or declines to act, for the meeting (or part of the meeting).

249U(4)  [Adjournment of meeting]  

The chair must adjourn a meeting of the company's members if the members present with a majority of votes at the meeting agree or direct that the chair must do so.

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History

S 249U inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).

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