Difference between revisions of "Proxy"

Revision as of 12:04, 8 February 2014

A Proxy is a person appointed by a member to vote for them at a General Meeting. Every member can appoint a proxy if they are unable to attend meetings, and can act as a proxy for one other member at a time.

The maximum number of votes a member may cast at General Meeting is defined in Clause 22. By default, each a member may only cast a maximum of two votes (their own, plus one as a proxy) to prevent the accumulation of voting power in the hands of Governing Body members or executive officers.

Return to the FairShares Glossary.