Corporations Regulations 2001

This Part applies to a body corporate that is:

a transferring financial institution of a State or Territory; or

a company that is permitted to use the expression building society, credit society or credit union under section 66 of the Banking Act 1959.

This Part applies in relation to the following members of the body corporate who are entitled to vote at a meeting of members of the body:

members who hold only member shares;

if the body is a company limited by guarantee—the members of the company;

if the body is a company limited by shares and guarantee—the members of the company who do not hold shares in the company.

This Part does not apply in relation to a meeting:

that is held for the purposes of Chapter 5 or 6 of the Act; or

to which Part 5 of Schedule 4 to that Act applies.