Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 251AA

Disclosure of proxy votes--listed companies

             (1)  A company must record in the minutes of a meeting, in respect of each resolution in the notice of meeting, the total number of proxy votes exercisable by all proxies validly appointed and:

                     (a)  if the resolution is decided by a show of hands--the total number of proxy votes in respect of which the appointments specified that:

                              (i)  the proxy is to vote for the resolution; and

                             (ii)  the proxy is to vote against the resolution; and

                            (iii)  the proxy is to abstain on the resolution; and

                            (iv)  the proxy may vote at the proxy's discretion; and

                     (b)  if the resolution is decided on a poll--the information specified in paragraph (a) and the total number of votes cast on the poll:

                              (i)  in favour of the resolution; and

                             (ii)  against the resolution; and

                            (iii)  abstaining on the resolution.

             (2)  A company that must notify the operator of each market on which financial products of the company are listed of a resolution passed by members at a meeting of the company must, at the same time, give the relevant market operator the information specified in subsection (1).

             (3)  This section only applies to a company that is listed.

             (4)  This section applies despite anything in the company's constitution.



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