Pacific Bauxite NL

Corporations Act Public No Liability Company

For personal use only

Pacific Bauxite NL

ACN 112 914 459

CONSTITUTION

Page | 1

Pacific Bauxite NL

CONTENTS

introduction ............................................................................................................................................ 8

  • 1. nature of company ................................................................................................................... 8

    For personal use only

  • 2. status of constitution and replaceable rules ......................................................................... 8

  • 3. definitions and interpretation .................................................................................................. 8

  • 4. exercise of powers ................................................................................................................. 10

  • 5. severability ............................................................................................................................... 10

capital and variation of rights ............................................................................................................ 10

  • 6. capital and control of issue of shares .................................................................................. 10

  • 7. variation of rights .................................................................................................................... 10

  • 8. unmarketable parcels ............................................................................................................ 11

  • 9. brokerage and commission ................................................................................................... 13

  • 10. joint holders ......................................................................................................................... 13

  • 11. Recognition of ownership .................................................................................................. 14

  • 12. certificates and chess statements .................................................................................... 14

lien on shares ...................................................................................................................................... 15

13. right to lien ........................................................................................................................... 15

14. Imposition of a liability ....................................................................................................... 16

15. Sale of shares the subject of lien ..................................................................................... 17

calls on shares .................................................................................................................................... 18

  • 16. power to make and revoke calls ...................................................................................... 18

  • 17. no contractual right to recover calls ................................................................................. 18

  • 18. Notice of calls ...................................................................................................................... 18

  • 19. Fixed calls ............................................................................................................................ 19

  • 20. Interest on outstanding calls ............................................................................................. 19

  • 21. Liability of joint shareholders ............................................................................................ 19

  • 22. Differentiation between shareholders .............................................................................. 19

  • 23. Proof of outstanding calls .................................................................................................. 19

  • 24. Payment of calls in advance ............................................................................................. 20

forfeiture and surrender of shares ................................................................................................... 20

  • 25. forfeiture ............................................................................................................................... 20

  • 26. Sale by public auction ........................................................................................................ 21

  • 27. Registration of forfeited share .......................................................................................... 22

  • 28. Surrender of shares ........................................................................................................... 23

transfer of shares ............................................................................................................................... 23

29. participation in transfer schemes ..................................................................................... 23

30. Right to transfer .................................................................................................................. 23

Page | 2

Pacific Bauxite NL

  • 31. Holding lock ......................................................................................................................... 23

  • 32. no documentary evidence required ................................................................................. 23

  • 33. Refusal to register a transfer ............................................................................................ 24

    For personal use only

  • 34. Transfer documents and processing ............................................................................... 24

  • 35. period of closure of register .............................................................................................. 25

transmission of shares ....................................................................................................................... 25

36. title to shares following death of members ..................................................................... 25

37. Procedure for transmission ............................................................................................... 25

38. Rights of person entitled ................................................................................................... 26

Conversion of shares ......................................................................................................................... 26

39. Company may convert shares .......................................................................................... 26

40. Power to reduce capital ..................................................................................................... 26

General meeting ................................................................................................................................. 27

  • 41. Convening of general meetings ....................................................................................... 27

  • 42. Notice of general meetings ............................................................................................... 27

  • 43. Accidental omission to give notice ................................................................................... 27

  • 44. Cancellation or postponement of general meetings ..................................................... 27

  • 45. Meeting at more than one place ...................................................................................... 28

  • 46. Representation of member ............................................................................................... 29

proceedings at general meetings ..................................................................................................... 29

  • 47. Quorum ................................................................................................................................ 29

  • 48. Absence of quorum ............................................................................................................ 30

  • 49. Ordinary and special business ......................................................................................... 30

  • 50. Resolution proposed by members ................................................................................... 30

  • 51. Chairperson of general meetings ..................................................................................... 31

  • 52. Adjournment of meetings .................................................................................................. 31

voting at general meetings ................................................................................................................ 31

  • 53. voting rights ......................................................................................................................... 31

  • 54. Voting disqualification ........................................................................................................ 32

  • 55. Power to demand a poll ..................................................................................................... 33

  • 56. Evidence of resolutions ..................................................................................................... 33

  • 57. Conduct of poll .................................................................................................................... 33

  • 58. Casting vote ........................................................................................................................ 33

  • 59. Voting rights of joint shareholders ................................................................................... 34

  • 60. Voting rights of persons entitled under transmission rule ............................................ 34

  • 61. Objections to exercise of voting rights ............................................................................ 34

proxies .................................................................................................................................................. 34

Page | 3

Pacific Bauxite NL

  • 62. Multiple proxies ................................................................................................................... 34

  • 63. Deposit of proxy and attorney instrument ....................................................................... 34

  • 64. Proxy instrument to be in writing ...................................................................................... 35

    For personal use only

  • 65. Form of proxy ...................................................................................................................... 35

  • 66. Effect of proxy instrument ................................................................................................. 35

  • 67. Voting rights of proxies and attorneys ............................................................................. 35

appointment and removal of directors ............................................................................................. 36

  • 68. Number of directors ........................................................................................................... 36

  • 69. Directors' qualifications ..................................................................................................... 36

  • 70. Appointment of directors ................................................................................................... 36

  • 71. Insufficient directors ........................................................................................................... 36

  • 72. Resignation of directors ..................................................................................................... 36

  • 73. Removal of directors .......................................................................................................... 36

  • 74. Rotation of directors ........................................................................................................... 36

  • 75. Nomination for election of directors ................................................................................. 37

  • 76. Vacation of office of directors ........................................................................................... 37

alternate directors ............................................................................................................................... 38

  • 77. Power to appoint ................................................................................................................. 38

  • 78. Rights and powers of alternate director .......................................................................... 38

  • 79. Suspension or revocation of appointment ...................................................................... 38

  • 80. Form of appointment, suspension or revocation ........................................................... 38

  • 81. Termination of appointment .............................................................................................. 38

  • 82. Power to act as alternate for more than 1 director ........................................................ 39

managing directors and executive directors .................................................................................. 39

  • 83. Power to appoint ................................................................................................................. 39

  • 84. Qualifications ....................................................................................................................... 39

  • 85. Temporary appointments .................................................................................................. 39

  • 86. Removal or dismissal ......................................................................................................... 39

  • 87. Powers ................................................................................................................................. 39

  • 88. Remuneration of managing directors and executive directors .................................... 39

remuneration of directors .................................................................................................................. 40

  • 89. Payment of fees .................................................................................................................. 40

  • 90. Payment of expenses ........................................................................................................ 40

  • 91. Payment for extra services ............................................................................................... 40

  • 92. Increases in remuneration ................................................................................................ 40

  • 93. Cancellation, suspension, reduction or postponement ................................................. 41

  • 94. Effect of cessation of office ............................................................................................... 41

Page | 4

Pacific Bauxite NL

powers and duties of directors ......................................................................................................... 41

  • 95. General business management ....................................................................................... 41

  • 96. Borrowing powers ............................................................................................................... 41

    For personal use only

  • 97. negotiable ............................................................................................................................ 42

  • 98. Appointment of attorney .................................................................................................... 42

  • 99. Conferment of powers ....................................................................................................... 42

proceedings of directors .................................................................................................................... 42

  • 100. Meeting of directors ........................................................................................................ 42

  • 101. Convening of meeting .................................................................................................... 42

  • 102. Notice of meeting ............................................................................................................ 43

  • 103. Waiver of notice .............................................................................................................. 43

  • 104. Quorum ............................................................................................................................ 43

  • 105. Chairperson of directors' meetings .............................................................................. 44

  • 106. Voting of directors .......................................................................................................... 44

  • 107. Telecommunication meeting of directors .................................................................... 44

  • 108. Circulated resolutions .................................................................................................... 45

  • 109. Restrictions on voting .................................................................................................... 46

  • 110. Committees of directors ................................................................................................ 46

  • 111. Validation of acts of directors ....................................................................................... 46

directors' interests .............................................................................................................................. 46

  • 112. Prohibition on being present or voting ........................................................................ 46

  • 113. Existence of interest ....................................................................................................... 47

  • 114. Disclosure of interest ..................................................................................................... 47

  • 115. Financial benefit ............................................................................................................. 47

  • 116. Other directorships and shareholdings ....................................................................... 48

  • 117. notification to ASX of material contracts ..................................................................... 48

inadvertent omissions ........................................................................................................................ 48

118. formalities omitted .......................................................................................................... 48

secretary .............................................................................................................................................. 49

119. Terms of office of secretary .......................................................................................... 49

minutes ................................................................................................................................................ 49

  • 120. Minutes to be kept .......................................................................................................... 49

  • 121. Company seal ................................................................................................................. 49

  • 122. Affixing of seal by interested director .......................................................................... 50

  • 123. Affixing of seal to share certificates ............................................................................. 50

  • 124. Meaning of certificate ..................................................................................................... 50

  • 125. Execution of documents (including deeds) ................................................................. 50

Page | 5

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Pacific Bauxite NL published this content on 02 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2022 08:16:04 UTC.