Special resolutions
239 Special resolutions
A special resolution is a resolution of a co-operative that is passed—
by a two-thirds majority at a general meeting of the co-operative; or
by a two-thirds majority in a postal ballot (other than a special postal ballot) of members; or
by a three-quarters majority in a special postal ballot of members.
1—
A co-operative may by its rules require a higher majority voting percentage on any matter or that specified matters must be passed by postal or special postal ballot.
2—
Section 250 enables 20% of members (or a lesser percentage specified in the rules) to require a postal ballot for a special resolution.
A special resolution may be passed by a postal ballot only if the rules of the co-operative so permit or this Law requires the special resolution to be passed by postal ballot (including a special postal ballot).
A resolution must not be considered to have been passed as a special resolution unless not less than 21 days notice has been given to the members of the co-operative stating—
the intention to propose the special resolution; and
the reasons for proposing the special resolution; and
the effect of the special resolution being passed.
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