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Financial Intermediaries Act 1996
sec.124Quorum
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sec.124 Quorum
A general meeting of a society may deal with an item of business only if a quorum is present. Subsection (1) does not apply to an item of business that may be dealt with by postal voting under the society’s rules. A quorum is as prescribed by the society’s rules. (sec.124-ssec.1) A general meeting of a society may deal with an item of business only if a quorum is present. (sec.124-ssec.2) Subsection (1) does not apply to an item of business that may be dealt with by postal voting under the society’s rules. (sec.124-ssec.3) A quorum is as prescribed by the society’s rules.