Section 24: Votes of shareholders

24. Votes of shareholders.___(1) Every shareholder shall be entitled to attend any meeting and each shareholder who has been registered as such for a period of not less than three months prior to the date of such meeting shall when present in person and on a show of hands, have one vote; and on a poll each shareholder so registered for a like period shall have one vote for every ten shares 6[, subject to a maximum of 7[ten] votes]: Provided that no shareholder shale be entitled to vote at any meeting unless all calls or other sums presently payable by him in respect of shares of the Bank have been paid. 8[(2) On a poll votes may be given either personally or by proxy, but the 4[Federal Government], as a shareholder may appoint any person to be present at any general meeting and to vote on its behalf.]. CHAPTER V BUSINESS OF THE BANK

Effective date: 1949-01-01

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