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
History
Ch 2G inserted by No 61 of 1998, Sch 1 (effective
1 July 1998).
PART 2G.2 - MEETINGS OF MEMBERS OF COMPANIES
Division 6 - Proxies and body corporate representatives
SECTION 249Y
RIGHTS OF PROXIES
249Y(1)
Rights of proxies.
A proxy appointed to attend and vote for a member has the same rights as the member:
(a)
to speak at the meeting; and
(b)
to vote (but only to the extent allowed by the appointment); and
(c)
join in a demand for a poll.
249Y(2)
Proxy's right to vote.
If a company has a constitution, the constitution may provide that a proxy is not entitled to vote on a show of hands.
Note:
Even if the proxy is not entitled to vote on a show of hands, they may make or join in the demand for a poll.
249Y(3)
Effect of member's presence on proxy's authority.
A company's constitution (if any) may provide for the effect that a member's presence at a meeting has on the authority of a proxy appointed to attend and vote for the member. However, if the constitution does not deal with this, a proxy's authority to speak and vote for a member at a meeting is suspended while the member is present at the meeting.
History
S 249Y inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).