
At 21/08/2003 16:06 +0200, Joao Damas wrote:
this means that *a* proxy cannot cast more than 2 % of the total possible votes.
So the actual limit to proxies is n * 2%, where n is the number of attendees of the GM.
Axel,
this doesn't sound right, given that attendance has usually between 10-20 members and I believe there are more than 0.5 proxie votes.
The "2%" relate to the total votes possible, not to the number of attendees at the meeting. Each of the attendees of a General Meeting would be able to represent (in proxy) the votes of up to 2% of the total membership's votes. So Gerd is right in stating that...
I read this differently. *Each* attendee can cast 2% of all votes, so 50 members would be able to represent 100% of all LIRs....
regards, Axel