Corporations Act 2001
(a) a special resolution passed at a general meeting of the company, with no votes being cast in favour of the resolution by any person whose shares are proposed to be bought back or by their associates; or
(b) a resolution agreed to, at a general meeting, by all ordinary shareholders;
or the agreement must be conditional on such an approval.257D(2) Information to accompany the notice of meeting.
The company must include with the notice of the meeting a statement setting out all information known to the company that is material to the decision how to vote on the resolution. However, the company does not have to disclose information if it would be unreasonable to require the company to do so because the company had previously disclosed the information to its shareholders.257D(3) Documents to be lodged with the ASIC.
(a) the notice of the meeting; and
(b) any document relating to the buy-back that will accompany the notice of the meeting sent to shareholders. 257D(4) [ ASIC may grant exemption]
(a) must be in writing; and
(b) must be granted before the buy-back agreement is entered into; and
(c) may be granted subject to conditions.