Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

PRIMARY INDUSTRIES RESEARCH AND DEVELOPMENT ACT 1989 - SECT 60

Purpose of annual general meeting

  (1)   The purpose of an R&D Corporation's annual general meeting is to provide an opportunity for eligible levy payers:

  (a)   to consider the most recent annual report of the Corporation; and

  (b)   to receive an address by the Chairperson of the Corporation concerning:

  (i)   the Corporation's performance in the financial year to which the annual report relates; and

  (ii)   the outlook for the primary industry or class of primary industries in respect of which the Corporation was established and the Corporation's intended activities in the following financial year; and

  (c)   to question the directors about any aspect of the Corporation's activities during the financial year to which the annual report relates and any aspect of the Corporation's intended activities; and

  (d)   to debate, and vote upon:

  (i)   any motion relating to a matter within the Corporation's responsibilities other than a matter relating to the making of regulations prescribing an amount of levy in respect of a levy attached to the Corporation or declaring the research component, or marketing component, of such a levy; or

  (ii)   any motion moved on behalf of the Corporation to endorse a recommendation that the Corporation proposes to make to the Minister in relation to the making of such regulations; or

  (iii)   any motion of no confidence in the Chairperson or in the Corporation.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback