"Corporations Act 2001 s 249N member proposed resolutions threshold"
Corporations Act 2001 (Cth) s 249N allows members with at least 5% of votes, or at least 100 voting members subject to regulations, to give notice of a resolution they propose to move at a general meeting.
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/ea8f791c-89f6-4955-b4c4-23ef8a3bfc61/vote
Headers: X-Api-Key: YOUR_KEY
{ "vote": "approve" }Document Sections
Answer
sec:answer-ea8f791c
Corporations Act 2001 (Cth) s 249N provides that members may give a company notice of a resolution they propose to move at a general meeting if they have at least 5% of the votes that may be cast on the resolution, or if at least 100 members entitled to vote at a general meeting give the notice, subject to regulations prescribing a different number for particular companies or classes. The notice must be in writing, set out the wording of the proposed resolution, and be signed by the proposing members. Official source checked: Federal Register of Legislation, Corporations Act 2001 current text, s 249N. Dogfood note: Source search for s 249N did not surface a native Corporations Act s 249N row; it returned adjacent proposed Corporations topics and unrelated CCA rows.
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