Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Where a majority of the members (being a majority that includes the Chairperson) sign a document containing a statement that they are in favour of a resolution in terms set out in the document, a resolution in those terms is taken to have been passed at a duly constituted meeting of the Board held on the day the document was signed, or, if the members sign the document on different days, on the last of those days.
(2) For the purpose of subsection (1), 2 or more documents containing statements in identical terms each of which is signed by one or more members are together taken to constitute one document containing a statement in those terms signed by those members on the respective days on which they signed the documents.
(3) A member must not sign a document containing a statement in favour of a resolution if the resolution is in respect of a matter in which the member has a material personal interest.