Proposed Constitution definition

Proposed Constitution means the constitution proposed to be adopted in Resolution 5

Proposed Constitution means the proposed new constitution for the Company to be put to the Company’s Shareholders for approval at the Company’s Shareholder Meeting.

Proposed Constitution means the Constitution that is proposed to be adopted by Shareholders under Resolution 11;

Examples of Proposed Constitution in a sentence

• The Directors believe that it is preferable in the circumstances to replace the existing Constitution with the Proposed Constitution rather than to amend a multitude of specific provisions.

• The Proposed Constitution is broadly consistent with the provisions of the existing Constitution.

• This clause of the Proposed Constitution will cease to have effect on the third anniversary of the date of the adoption of last renewal of the clause.

• Direct Voting (clause 13, specifically clauses 13.35 – 13.40) The Proposed Constitution includes a new provision which allows Shareholders to exercise their voting rights through direct voting (in addition to exercising their existing rights to appoint a proxy).

• Pursuant to section 648G of the Corporations Act, the Company has included in the Proposed Constitution a provision whereby a proportional takeover bid for Shares may only proceed after the bid has been approved by a meeting of Shareholders held in accordance with the terms set out in the Corporations Act.

• Clause 8.4 of the Proposed Constitution is being made to enable the Company to charge a reasonable fee when it is required to register off-market transfers from Shareholders.

• Clause 3 of the Proposed Constitution continues to outline in detail the process that the Company must follow for dealing with unmarketable parcels.

• The Proposed Constitution is in line with the requirements for dealing with “unmarketable parcels” outlined in the Corporations Act such that where the Company elects to undertake a sale of unmarketable parcels, the Company is only required to give one notice to holders of an unmarketable parcel to elect to retain their shareholding before the unmarketable parcel can be dealt with by the Company, saving time and administrative costs incurred by otherwise having to send out additional notices.

• Clause 9.8 of the Proposed Constitution provides that the number of registered joint holders of securities shall be as permitted under the Listing Rules and the ASX Settlement Operating Rules.

• Use of technology (clause 14) The Proposed Constitution includes a new provision to permit the use of technology at general meetings (including wholly virtual meetings) to the extent permitted under the Corporations Act, Listing Rules and applicable law.

More Definitions of Proposed Constitution

Proposed Constitution means an enactment of the Constituent Assembly which is the subject of the referendum;

Proposed Constitution means the constitution in schedule 7.

Proposed Constitution means the constitution in schedule 7. 1. The initial members agree to register the company as a company limited by guarantee under the Corporations Law of Victoria. 2. The persons named in schedule 4 agree and consent to become the initial membersof the company. 3. The persons named in schedule 2 agree and consent to become the initial directorsof the company. 4. The persons named in schedule 5 agree and consent to become the initial officersof the company. 5. All initial members and initial officers agree that the proposed constitution of the company displaces or modifies the replaceable rules contained from time to time in the Corporations Law. 6. All initial members and initial officers agree to the terms of the proposedconstitution of the company. 7. All initial members undertake to contribute $100 to the assets of the company if it is wound up while they are a member, or within one year after they cease to be a member, for the payment of the debts and liabilities of the company contracted before the member ceases to be a member and for the costs, charges and expenses of winding up and adjustment of the rights of the contributories among themselves, any amount required not exceeding the guarantee sum. 8. All initial members and initial directors agree that the applicant shall apply for registration of the company and shall give this and any other consent or agreement in relation to the company to the company after the company becomes registered. The receipt of the company secretary shall be a sufficient and good discharge. The following persons agree and consent to be the directors of THE CITY OF REFUGE, MELBOURNE LTD. a company limited by guarantee. The initial members of THE CITY OF REFUGE, MELBOURNE LTD. a company limited by guarantee agree and consent to contribute the guarantee sum of $100.00 (One hundred dollars) each in the event of the company being wound up while they are a member, or within one year after they cease to be a member, for the payment of debts and liabilities of the company contracted before the member ceases to be a member and for the costs, charges and expenses of winding up and adjustment of the rights of the contributories among themselves, any amount required not exceeding the guarantee sum. 1. The name of the company is The City of Refuge, Melbourne LTD. a. In this Constitution unless the context otherwise requires, “Constitution” shall mean this Constitution and all supplementary substituted or amending Constitution for th...

Proposed Constitution means the constitution proposed to be adopted in Resolution 13; “Proxy Form” means the proxy form attached to the Notice;