Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies to any life company that is not a company limited only by shares.
(1A) This section does not apply in relation to an eligible foreign life insurance company.
(2) Within one year after it is registered under section 21, a life company to which this section applies must make arrangements for:
(a) the establishment of a postal voters' roll in relation to:
(i) voting in contested elections of directors of the company; and
(ii) voting on questions relating to the alteration of the company's constitution;
(b) the enrolment on the postal voters' roll of any member of the company who is not a shareholder, who applies to be enrolled and who is entitled to vote:
(i) in elections referred to in subparagraph (a)(i); or
(ii) on questions referred to in subparagraph (a)(ii); and
(c) the voting by post in such elections or on such questions by members so enrolled; and
(d) the inspection of the postal voters' roll, and the taking of copies of, or extracts from, the roll, after the close of nominations and before the close of the voting in any election of a director of the company by any candidate in the election.
(3) All regular votes cast under any arrangements referred to in subsection (1) are valid for all purposes.
(4) If a member of a life company who is enrolled on the postal voters' roll does not exercise his or her right to vote by post on 3 consecutive occasions when he or she is entitled to vote, the company may remove his or her name from the roll. However, he or she is eligible to be re - enrolled on his or her request.