2

A person authorised by a corporation is entitled to exercise (on behalf of the corporation) the same powers as the corporation could exercise if it were an individual member of the company.

Where a corporation authorises more than one person, this subsection is subject to subsections (3) and (4).

3

On a vote on a resolution on a show of hands at a meeting of the company, each authorised person has the same voting rights as the corporation would be entitled to.

4

Where subsection (3) does not apply and more than one authorised person purport to exercise a power under subsection (2) in respect of the same shares—

a

if they purport to exercise the power in the same way as each other, the power is treated as exercised in that way;

b

if they do not purport to exercise the power in the same way as each other, the power is treated as not exercised.