6What is a transfer resolution?

#### 6 What is a transfer resolution? 6 What is a transfer resolution? > > (1) For the purposes of this Act, a transfer resolution is a special resolution (within the meaning of the deed of settlement) passed by Westpac shareholders that resolves that Westpac be registered as a public company limited by shares under the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth. > > > (2) Any special resolution (within the meaning of the deed of settlement) passed by Westpac shareholders that was a transfer resolution within the meaning of this section as in force immediately before the commencement of this subsection is taken to be a transfer resolution for the purposes of subsection (1). > > Note— > > Clause 117 (r) of the deed of settlement defines “special resolution” to be a resolution that has been passed by a majority of not less than three-quarters of the votes of such of the shareholders of Westpac as are entitled so to vote in person, by proxy or by a representative at a general meeting of which not less than 21 days’ notice specifying the intention to propose the resolution as a special resolution has been duly given. > > **s 6:** Am 2001 No 34, Sch 4.73 \[8\] \[9\].