Skip to main content

Cookie settings

We use cookies to ensure the basic functionalities of the website and to enhance your online experience. You can configure and accept the use of the cookies, and modify your consent options, at any time.

Essential

Preferences

Analytics and statistics

Marketing

Show original text Warning: Content might be automatically translated and not be 100% accurate.

Election of Directors

3.1. The Fund board will decide if the election is to occur through paper ballots or by electronic means.

3.2. If the election is to be conducted by paper ballot, the board will appoint a Returning Officer who will be named in the notice of the meeting.

3.3. If the election is conducted by electronic means, the entity running the vote will certify the results.

3.4. The ballot is secret and will be provided to the Members before the Meeting.

3.5. Members may submit their vote in advance.

3.6. The election will proceed not-withstanding the status of any police check.

3.7. The vote is conducted by preferential ranked ballot on which voters rank their preferences, with ‘1’ being first preference. The ballots are counted as for a multi-seat election, using Single Transferable Vote counting with multiple rounds of counting. In the first round, the first choice preferences on each ballot are counted and the nominee with the least number of first choice preferences is declared eliminated. In the second and subsequent rounds, the second choice preferences of the eliminated nominee are redistributed and counted, and the nominee with the least number of preferences is declared eliminated. Rounds continue until the number of remaining nominees equals the number of seats to be filled. If in any round there is a tie between lowest ranking nominees, the tie is broken by drawing names.

3.8. The Returning Officer or the electronic vote entity reports the ballot results including the number of ballots cast, results of each redistribution round, and the names of the elected Director(s).

3.9. The ballots or vote counting results are not destroyed except by a vote of the Members.

Confirm

Please log in

Share