DUTIES ACT 1997 - SECT 95
Meaning of "voting entitlement"
DUTIES ACT 1997 - SECT 95
Meaning of "voting entitlement"
95 Meaning of "voting entitlement"
(1) A person's voting entitlement in a corporation is that proportion of the
total voting rights of all shareholders entitled to vote at general meetings
of the corporation which the person is entitled to exercise, as a shareholder,
at general meetings of the corporation.
(5) In determining a person's voting entitlement for the purposes of this
section, proxies and other authorities to vote held by a shareholder are to be
disregarded.