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.
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