Commonwealth Numbered Regulations

1990 No. 455 CORPORATIONS REGULATIONS - REG 5.6.21

5.6.21. (1) After a poll has been demanded at a meeting of creditors or
debenture holders, a resolution is carried if a majority in number and value
of those present and voting (either in person or by proxy) have voted in
favour of the resolution.

(2) At a meeting of contributories or members, in counting the majority on a
poll demanded on the question that a resolution be carried, regard must be
made to:

   (a)  the number of votes cast for and against the resolution; and

   (b)  the number of votes to which each member is entitled by the
        Corporations Law or the articles of the company.