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International Law

: Australian Regulatory Compliance Review

Listed company proxy documents

By David Jacobson

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ASIC has advised that a listed company may accept proxy votes for general meetings that are lodged by electronic means without amending its constitution to expressly permit that.

Further, the requirements of ss 249Y, 250A, 250B and 250BA of the Corporations Act would override any inconsistent provisions in a listed company’s constitution.

Section 250BA only applies to listed companies.

Full post as published by Australian Regulatory Compliance Review on April 22, 2010 (boomark / email).

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