Document ID: chunk:federal_register_of_legislation:C2020A00135:clause:12_107b
Version: federal_register_of_legislation:C2020A00135
Segment Type: clause
Provision Reference: sch 12 cl 107B
Character Range: 227968–228747

107B  ASIC resolutions without meetings
  A resolution is taken to have been passed at a meeting if:
 (a) ASIC has determined:
 (i) that resolutions may be passed in accordance with this section; and
 (ii) the method of indicating agreement with a resolution passed in accordance with this section; and
 (b) without meeting, a majority of the members indicate agreement with the resolution in accordance with the method determined by ASIC; and
 (c) that majority would have constituted a quorum at a meeting; and
 (d) all members were informed of the proposed resolution, or reasonable efforts were made to inform all members of the proposed resolution.

[Minister's second reading speech made in—
House of Representatives on 12 November 2020
Senate on 9 December 2020]
(153/20)