Section 306. Procedure for signifying agreement to written resolution

(1) A member signifies his agreement to a proposed written resolution when the company receives from him an authenticated document—

(a) identifying the resolution to which it relates; and

(b) indicating his agreement to the resolution.

(2) The document shall be sent to the company in hard copy or electronic form.

(3) A member’s agreement to a written resolution, once signified, shall not be revoked.

(4) A written resolution shall be passed when the required majority of eligible members have signified their agreement to the written resolution.