Section 250E — Corporations Act 2001 (Cth)

Company with share capital

(1) Subject to any rights or restrictions attached to any class of shares, at a meeting of members of a company with a share capital:

(a) on a show of hands, each member has 1 vote; and

(b) on a poll, each member has 1 vote for each share they hold.

Note: Unless otherwise specified in the appointment, a body corporate representative has all the powers that a body corporate has as a member (including the power to vote on a show of hands).

Company without share capital

(2) Each member of a company that does not have a share capital has 1 vote, both on a show of hands and a poll.

Chair’s casting vote

(3) The chair has a casting vote, and also, if they are a member, any vote they have in their capacity as a member.

Note 1: The chair may be precluded from voting, for example, by a conflict of interest.

Note 2: For rights to appoint proxies, see section 249X.

Related sections

• s 250BD — Proxy voting by key management personnel or closely related parties
• s 250C — Validity of proxy vote
• s 250D — Body corporate representative
• s 250F — Jointly held shares (replaceable rule—see section 135)
• s 250G — Objections to right to vote (replaceable rule—see section 135)
• s 250H — Votes need not all be cast in the same way

Research how courts apply s 250E

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.