75‑150 Appointment of proxies75‑150 Appointment of proxies

75‑150 Appointment of proxies

(1) A person entitled to vote at a meeting may, in writing, appoint an individual as the person’s proxy to attend and vote at the meeting.

Note: The appointment of a proxy must be in the approved form: see section 75‑25.

(2) Subject to subsection (3) and to the instrument of appointment, a proxy appointed under this section has the same right to speak and vote at the meeting as the person who appointed the proxy. (3) A person is not entitled to speak or vote as proxy at the meeting unless the instrument of appointment (or a copy) has been given to: (a) the trustee; or (b) the person named in the notice convening the meeting as the person who is to receive the instrument. (4) If an instrument appointing a proxy purports to appoint the regulated debtor as a proxy, the purported appointment does not have any effect. However, if the instrument also appoints another person as a proxy, the appointment of the other person is not affected and the instrument has effect as if the purported appointment of the regulated debtor were not included.