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Corporations Act 2001
253CHow many votes a member has
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253C How many votes a member has
(1) On a show of hands, each member of a registered scheme has 1 vote. (2) On a poll, each member of the scheme has 1 vote for each dollar of the value of the total interests they have in the scheme.
Note 1: For rights to appoint proxies, see section 252V.
Note 2: Unless otherwise specified in the appointment, a body corporate representative has all the powers that a body corporate has as a member (including the power to vote on a show of hands).