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18/04/2013 at 10:04 am
#18282
I’m no expert but I’ve got to agree with Jimmy here.
The only doubt I have is that I believe the meeting has to vote to accept proxies before the proxies can be exercised. But I have heard of Chairmen collecting proxies to dominate a meeting and bulldoze motion through.
I HATE this sort of gobbledygook language in legislation, why cannot they keep it simple so that the general public can easily understand it without resorting to expensive legal advise to understand what the legislation actually means.