Acts and Regulations

S-5.5 - Securities Act

Section 102
Disposition versions

Full text
Voting
102The chair at a meeting has the right not to conduct a vote by way of ballot on any matter or group of matters in connection with which the form of proxy has provided a means by which the person whose proxy is solicited may specify how the person wishes the securities registered in the person’s name to be voted unless
(a) a poll is demanded by any security holder present at the meeting in person or represented at the meeting by proxy, or
(b) more than 5% of all the voting rights attached to all the securities that are entitled to be voted and be represented at the meeting are represented by proxies required to vote against what would otherwise be the decision of the meeting in relation to such matters or group of matters.