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Can a General or Annual General Meeting be held without a quorum and are the resolutions binding?

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Can a General or Annual General Meeting be held without a quorum and are the resolutions binding?

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A. If there is no quorum present at the general meeting, the meeting may take place but all resolutions made at the meeting are interim resolutions. Interim resolution may only be made under this clause on a motion that may be passed by an ordinary resolution. The secretary of the body corporate must give the details of each interim resolution and the minutes of the meeting to each person with a right to vote at the meeting within 14 working days after the meeting. If an interim resolution is made at the meeting, a person may call a further general meeting within 29 working days after the date of the interim resolution. An interim resolution becomes a resolution of the body corporate if no further meetings are held 29 working days after the date of the interim resolution.

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