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  • Corporations Amendment (Proxy Voting) Bill 2012

    Track (What's this?)

    Date
    24 May 2012 
    Chamber
    House of Representatives 
    Status
    Passed Both Houses 
    Portfolio
    Treasury 
    Summary
    Amends the
    Corporations Act 2001
    to clarify that the chair of an annual general meeting, who is a member of the key management personnel or a closely related party of a key management personnel, is able to vote undirected proxies in the non-binding vote where the shareholder provides their express authorisation for the chair to exercise the proxy. 

    Bill | Explanatory Memorandum

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A bill is a proposal for a law or a change to an existing law. A bill becomes law (an Act) when agreed to in identical form by both houses of Parliament and assented to by the Governor-General.