NSWIn ForceAct
Fisheries Management Act 1994
55DPoll on redefinition proposal
Start here
Get a plain-English read of 55D
Turn the raw legal text into a practical explanation grounded in Fisheries Management Act 1994.
#### 55D Poll on redefinition proposal
55D Poll on redefinition proposal
> > (1) The Secretary may arrange for the conduct of a poll of shareholders affected by a redefinition proposal for the purposes of determining whether there is majority support for the redefinition proposal.
>
> > (2) For the purposes of a poll under this section, each shareholder is entitled to no more than one vote regardless of the number of shares held.
>
> > (3) A corporation that is a shareholder is required to nominate a single individual to vote in the poll on behalf of the corporation. The individual so nominated is taken, for the purposes of the poll, to be the shareholder of the shares held by the corporation.
>
> > (4) Two or more persons who hold a share jointly are required to nominate a single individual to vote in the poll on behalf of the joint shareholders. The individual so nominated is taken, for the purposes of the poll, to be the shareholder of the shares held jointly.
>
> > (5) The regulations may make further provision for or with respect to polls under this Division.
>
> **pt 3, div 4A (ss 55A–55G):** Ins 2015 No 59, Sch 1 \[25\].