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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PART 2G.2 - MEETINGS OF MEMBERS OF COMPANIES

Division 7 - Voting at meetings of members

SECTION 250J HOW VOTING IS CARRIED OUT (replaceable rule - see section 135)

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250J(1) (Show of hands)

A resolution put to the vote at a meeting of a company's members must be decided on a show of hands unless a poll is demanded.

250J(1A) (Proxy votes)

Before a vote is taken the chair must inform the meeting whether any proxy votes have been received and how the proxy votes are to be cast.

250J(2) (Result)

On a show of hands, a declaration by the chair is conclusive evidence of the result, provided that the declaration reflects the show of hands and the votes of the proxies received. Neither the chair nor the minutes need to state the number or proportion of the votes recorded in favour or against.

Note:

Even though the chair's declaration is conclusive of the voting results, the members present may demand a poll (see paragraph 250L(3)(c)).

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