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Topic
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If a financial owner gives their proxy vote to a non-financial owner, will that proxy vote count at the AGM? this is in NSW.
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@bette said:
If a financial owner gives their proxy vote to a non-financial owner, will that proxy vote count at the AGM? this is in NSW.I believe the critical factor in this is whether or not any proxy holder needs to be a permitted voter. In the case of proxy holders this is clearly not the case as non-owners are allowed to vote as proxies on behalf of owners. So yes, the non-financial owner can vote with the financial owner’s proxy.
In fact, I’ve heard it mooted that a non-financial owner’s vote can be counted if it is delivered by someone else as a proxy rather than a direct vote. Haven’t heard of any instances of that, though.
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