Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 (69 of 2023)

Schedule 2   ALRC Financial Services Interim Report

Part 3   Other amendments

Division 2   Definitions about resolutions

Corporations Act 2001
112   At the end of Division 7 of Part 2G.2

Add:

250MA Requirements for a special resolution

For a resolution of a company to have effect as a special resolution:

(a) notice given under section 249J of the meeting at which the resolution is proposed must include the information required by paragraph 249L(1)(c) in relation to the resolution; and

(b) the resolution must be passed by at least 75% of the votes cast by members who are entitled to vote on the resolution; and

(c) the resolution must be otherwise valid.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).