Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 248G

  (1)   A resolution of the directors must be passed by a majority of the votes cast by directors entitled to vote on the resolution.

  (2)   The chair has a casting vote if necessary in addition to any vote they have in their capacity as a director.

Note:   The chair may be precluded from voting, for example, by a conflict of interest.

Note:   This Part does not apply to a CCIV or its members. Instead, section   1228A applies a modified version of Part   2G.4.