66
In forceDetermination of approval of amalgamation by members
Chapter 3Amalgamation and withdrawal from amalgamation
Part 2Amalgamation of organisations
Division 5Procedure for approval of amalgamation
66 Determination of approval of amalgamation by members
Where the question of a proposed amalgamation is submitted to a ballot of the members of an existing organisation concerned in the amalgamation, the members of the organisation approve the amalgamation if, and only if:
(a)
where a declaration under section 43 is in force in relation to the proposed amalgamation—more than 50% of the formal votes cast in the ballot are in favour of the amalgamation; or
(b)
in any other case:
(i)
at least 25% of the members on the roll of voters cast a vote in the ballot; and
(ii)
more than 50% of the formal votes cast are in favour of the amalgamation.
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