Singapore legislation
Clause 57
Clause 57
Quorum, chairman, voting, etc., at meetings
(1)
So far as the trust deed of a registered business trust does not make any other provision in that behalf and subject to section 58 —
2 unitholders of the registered business trust personally present shall form a quorum;
any unitholder of the registered business trust elected by the unitholders present at a meeting may be chairman thereof;
on a show of hands, each unitholder of the registered business trust who is personally present and entitled to vote shall have one vote; and
on a poll, each unitholder of the registered business trust shall have one vote in respect of each unit in the registered business trust held by him.
(2)
On a poll taken at a meeting, a person entitled to more than one vote need not, if he votes, use all his votes or cast all the votes he uses in the same way.