Commonwealth Numbered Regulations

1990 No. 455 CORPORATIONS REGULATIONS - REG 5.6.19

5.6.19. (1) A resolution put to the vote of a meeting must be decided on a
show of hands unless, subject to subregulation (5), a poll is demanded, before
or on the declaration of the result of the show of hands:

   (a)  by the chairperson; or

   (b)  by at least 2 persons present in person or by proxy and entitled to
        vote at the meeting; or

   (c)  by a person present in person or by proxy and representing not less
        than 10% of the total voting rights of all the persons entitled to
        vote at the meeting; or

   (d)  in the case of a meeting of members - by a member or members holding
        shares in the company conferring a right to vote at a meeting, being
        shares on which the total sum paid up is not less than 10% of the
        total sum paid up on all the shares conferring that right.

(2) Unless a poll is demanded, the chairperson must declare that a resolution
has been:

   (a)  carried; or

   (b)  carried unanimously; or

   (c)  carried by a particular majority; or

   (d)  lost; on a show of hands.

(3) A declaration is conclusive evidence of the result to which it refers,
without proof of the number or proportion of the votes recorded in favour of
or against the resolution, unless a poll is demanded.

(4) A demand for a poll may be withdrawn.

(5) A vote taken at a joint meeting of creditors and members of a company must
be decided on a show of hands.