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ARTICLE · 15 MAY 2018

May 2018 Condominium Update (Including New Proxy Form)

The Ministry updated the mandatory proxy on May 10, 2018. This new form will need to be used going forward.

CanadaGovernment, Public Sector

A. Proxy Form

The Ministry updated the mandatory proxy on May 10, 2018. This new form will need to be used going forward.

The new form is a little 'cleaner', and easier to follow. That said, we expect that this form will still present difficulties for many owners in completing properly.

The main substantive change is that the instructions and choices now make it clear that, if the proxy is appointed to vote on all matters, and no specific voting instructions are inserted in the applicable sections, the proxy may nominate and vote on all matters as if present. (That is, the proxy should receive a ballot to vote for directors or other matters as the case may be, again, subject to any specific instructions completed on the proxy.) This was a subject of dispute with the previous form of proxy.

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