CORPORATIONS REGULATIONS 2001 - REG 12.4.01 Application of Part

CORPORATIONS REGULATIONS 2001 - REG 12.4.01

  (1)   This Part applies to a body corporate that is:

  (a)   a transferring financial institution of a State or Territory; or

  (b)   a company that is permitted to use the expression building society , credit society or credit union under section   66 of the Banking Act 1959 .

  (2)   This Part applies in relation to the following members of the body corporate who are entitled to vote at a meeting of members of the body:

  (a)   members who hold only member shares;

  (b)   if the body is a company limited by guarantee--the members of the company;

  (c)   if the body is a company limited by shares and guarantee--the members of the company who do not hold shares in the company.

  (3)   This Part does not apply in relation to a meeting:

  (a)   that is held for the purposes of Chapter   5 or 6 of the Act; or

  (b)   to which Part   5 of Schedule   4 to that Act applies.