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@SMO said:
It is a general misconception that you require 75% of all voters present (either personally or by proxy) to vote in favour of a proposed motion. In fact a special resolution is passed only after a poll is taken at the meeting and not more than 25% in value of the votes, by persons present (either personally or by proxy) and entitled to vote, are against the motion.
The problem is that we tend to conflate two issues – the double negative and the fact that it’s the percentage of actual votes cast that count (rather than voters present).
So here it is in a nutshell.
- Special resolutions require a poll vote based on the value of unit entitlements.
- If more than 25 percent of the value of the votes cast is against the motion it falls.
- If 75 percent or more of the value of the votes cast are in favour, it passes.
The arguments over the correct terminology are so eye-glazingly boring and of so little actual significance (as in, make a difference in the real world) that I will continue to say “75 percent of votes in favour” because that gives people a sense of the size of the task. They can work out the nitty gritty when they sit down to see if they have the numbers.