Commonwealth Consolidated Regulations

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BANKRUPTCY REGULATIONS 1996 - REG 8.05J

Resolutions without meeting

         (1)   If the majority of the members of a committee sign a document containing a statement that they are in favour of a resolution in the terms set out in the document, the resolution is taken to have been passed at a meeting of the committee:

                (a)    on the day on which the document is signed; or

               (b)    if the members sign the document on different days -- on the day on which the document is signed by the member who makes up the majority.

         (2)   Two or more separate documents that are identical in all material respects (apart from signatures), each of which is signed by 1 or more members, are taken for the purposes of subregulation (1) to constitute a single document.



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