Plain English explanation for voting rule

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  • 20/06/2019 at 5:51 pm #38221 Reply | Quote
    Bluey
    Flatchatter

      Can someone put this into Plain English?

      “This is a special resolution which requires not more than 25% of financial owners voting at the meeting to vote against the motion, for the motion to pass.”

      Does it mean:

      “This is a special resolution which requires at least 75% of financial owners voting at the meeting to vote for the motion, for the motion to pass.”

      And if it does, why didn’t it say so in the first place?

       

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    Reply To: Plain English explanation for voting rule
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