Racing Victoria’s Special General Meeting meeting was brought about by a participant initiative led by the Thoroughbred Racehorse Owners Association (TROA).
Under the Corporations Act, any member stakeholder can - with a five per cent member stakeholder (members) vote - demand a meeting of this nature.
In this instance, it concerns the future of the majority of the nine-person board.
Five board directors will have their positions voted on by the members at the meeting, with a two-thirds majority required to remove each of them from the board.
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