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StatuteCorporations Act 2001

Section 249Y — Corporations Act 2001: Rights of proxies

Text of the provision Official document

Rights of proxies (1) A proxy appointed to attend and vote for a member has the same rights as the member: (a) to speak at the meeting; and (b) to vote (but only to the extent allowed by the appointment); and (c) join in a demand for a poll. Proxy’s right to vote (2) If a company has a constitution, the constitution may provide that a proxy is not entitled to vote on a show of hands. Note: Even if the proxy is not entitled to vote on a show of hands, they may make or join in the demand for a poll. Effect of member’s presence on proxy’s authority (3) A company’s constitution (if any) may provide for the effect that a member’s presence at a meeting has on the authority of a proxy appointed to attend and vote for the member. However, if the constitution does not deal with this, a proxy’s authority to speak and vote for a member at a meeting is suspended while the member is present at the meeting.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.