Document ID: chunk:federal_register_of_legislation:C2011A00042:clause:1_9
Version: federal_register_of_legislation:C2011A00042
Segment Type: clause
Provision Reference: sch 1 cl 9
Character Range: 10002–10830

9  Subsection 249L(2)
Repeal the subsection, substitute:
 (2) The notice of the AGM of a listed company must also:
 (a) inform members that the resolution referred to in subsection 250R(2) (resolution on remuneration report) will be put at the AGM; and
 (b) if at the previous AGM at least 25% of the votes cast on a resolution that the remuneration report be adopted were against adoption of the report (but the same was not the case at the AGM before that):
 (i) explain the circumstances in which subsection 250V(1) would apply; and
 (ii) inform members that the resolution described in subsection 250V(1) as the spill resolution will be put at the AGM if that subsection applies.
Note: Subsection 250R(2) requires a resolution to adopt a remuneration report for a listed company to be put to the vote at the company's AGM.