Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If the members of each of the existing organisations concerned in a proposed amalgamation approve the proposed principal amalgamation, the proposed principal amalgamation is approved for the purposes of this Part.
(2) If:
(a) the scheme for a proposed amalgamation contains an alternative provision; and
(b) the members of one or more of the existing organisations concerned in the amalgamation do not approve the proposed principal amalgamation; and
(c) the members of 2 or more of the organisations (in paragraph (d) called the approving organisations ) approve a proposed alternative amalgamation; and
(d) where one of the existing organisations is the proposed amalgamated organisation--that organisation is one of the approving organisations;
the proposed alternative amalgamation is approved for the purposes of this Part.