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StatuteCorporations Act 2001

Section 253L — Corporations Act 2001: When a poll is effectively demanded

Text of the provision Official document

(1) At a meeting of a registered scheme’s members, a poll may be demanded by: (a) at least 5 members present entitled to vote on the resolution; or (b) members present with at least 5% of the votes that may be cast on the resolution on a poll; or (c) the chair. (2) A registered scheme’s constitution may provide that fewer members or members with a lesser percentage of votes may demand a poll. (3) The poll may be demanded: (a) before a vote is taken; or (b) before the voting results on a show of hands are declared; or (c) immediately after the voting results on a show of hands are declared. (4) The percentage of votes that members have is to be worked out as at close of business on the day before the poll is demanded.

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.