(1) An appointment of a proxy is valid if it is signed by the member of the registered scheme making the appointment and contains the following information:

(a)

the member's name and address;

(b)

the scheme's name;

(c)

the proxy's name or the name of the office held by the proxy;

(d)

the meetings at which the appointment may be used.

An appointment may be a standing one

(2) A registered scheme's constitution may provide that an appointment is valid even if it contains only some of the information required by subsection (1). (3) An undated appointment is taken to have been dated on the day it is given to the responsible entity. (4) An appointment may specify the way the proxy is to vote on a particular resolution. If it does:

(a)

the proxy need not vote on a show of hands, but if the proxy does so, the proxy must vote that way; and

(b)

if the proxy has 2 or more appointments that specify different ways to vote on the resolution—the proxy must not vote on a show of hands; and

(c)

if the proxy is the chair—the proxy must vote on a poll, and must vote that way; and

(d)

if the proxy is not the chair—the proxy need not vote on a poll, but if the proxy does so, the proxy must vote that way.