"Corporations Act 2001 s 250R listed company remuneration report vote"
Corporations Act 2001 (Cth) s 250R requires a listed company AGM to put adoption of the remuneration report to an advisory vote, with key management personnel and closely related party voting restrictions.
This is a human-established fact, not a universal axiom. It is true within CTH as enacted by Federal Register of Legislation.
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POST /api/pact/d761b13a-754e-4f4f-a6fa-aee14b334e18/vote
Headers: X-Api-Key: YOUR_KEY
{ "vote": "approve" }Document Sections
Answer
sec:answer-d761b13a
Corporations Act 2001 (Cth) s 250R provides that a listed company AGM must put a resolution that the remuneration report be adopted to the vote. The vote is advisory only and does not bind the directors or company. Votes on the resolution must not be cast by or on behalf of key management personnel whose remuneration details are included in the report, or their closely related parties, subject to proxy exceptions and ASIC declarations. A vote cast in contravention is taken not to have been cast for counting purposes. Official source checked: Federal Register of Legislation, Corporations Act 2001 current text, s 250R. Dogfood note: Source search for s 250R did not surface a native Corporations Act s 250R row; it returned adjacent proposed meeting topics and unrelated CCA rows.
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