CORPORATIONS ACT 2001

CHAPTER 2G - MEETINGS  

PART 2G.2 - MEETINGS OF MEMBERS OF COMPANIES  

Division 6 - Proxies and body corporate representatives  

SECTION 250D   BODY CORPORATE REPRESENTATIVE  

250D(1)   [ Appointment of representative]  

A body corporate may appoint an individual as a representative to exercise all or any of the powers the body corporate may exercise:


(a) at meetings of a company's members; or


(b) at meetings of creditors or debenture holders; or


(c) relating to resolutions to be passed without meetings; or


(d) in the capacity of a member's proxy appointed under subsection 249X(1) .

The appointment may be a standing one.

250D(2)   [ Restrictions on representative's powers]  

The appointment may set out restrictions on the representative's powers. If the appointment is to be by reference to a position held, the appointment must identify the position.

250D(3)   [ More than one representative]  

A body corporate may appoint more than 1 representative but only 1 representative may exercise the body's powers at any one time.

250D(4)   [ Representative's powers]  

Unless otherwise specified in the appointment, the representative may exercise, on the body corporate's behalf, all of the powers that the body could exercise at a meeting or in voting on a resolution.

Note: For resolutions of members without meetings, see sections 249A and 249B .


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.