Commonwealth Consolidated Acts

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How many votes a member has

             (1)  On a show of hands, each member of a registered scheme has 1 vote.

             (2)  On a poll, each member of the scheme has 1 vote for each dollar of the value of the total interests they have in the scheme.

Note 1:       For rights to appoint proxies, see section 252V.

Note 2:       Unless otherwise specified in the appointment, a body corporate representative has all the powers that a body corporate has as a member (including the power to vote on a show of hands).

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