Commonwealth Consolidated Acts Commonwealth Consolidated ActsA resolution is taken to have been passed at a meeting if:
(a) ASIC has determined:
(i) that resolutions may be passed in accordance with this section; and
(ii) the method of indicating agreement with a resolution passed in accordance with this section; and
(b) without meeting, a majority of the members indicate agreement with the resolution in accordance with the method determined by ASIC; and
(c) that majority would have constituted a quorum at a meeting; and
(d) all members were informed of the proposed resolution, or reasonable efforts were made to inform all members of the proposed resolution.