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Difference between revisions of "10 Changes in the New Societies Act You Should Know About"
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10 Changes in the New Societies Act You Should Know About (view source)
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, 21:46, 4 December 2016→The voting threshold for a special resolution has been lowered
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==The voting threshold for a special resolution has been lowered== | ==The voting threshold for a special resolution has been lowered== | ||
The new ''Societies Act'' lowers the voting threshold for approving a special resolution. A special resolution approved by a society’s members is required to make fundamental changes to a society, including changing its name or bylaws. | The new ''[[Societies Act]]'' lowers the voting threshold for approving a special resolution. A special resolution approved by a society’s members is required to make fundamental changes to a society, including changing its name or bylaws. | ||
Under the old ''Society Act'', a special resolution required at least 3/4 of votes cast at a members’ meeting in order to be approved. Under the new Act, a special resolution requires 2/3 of the votes cast. | Under the old ''Society Act'', a special resolution required at least 3/4 of votes cast at a members’ meeting in order to be approved. Under the new Act, a special resolution requires 2/3 of the votes cast. | ||
