Proxy appointment rights: members may appoint proxies subject to formal deposit, signature and voting limits, with penalties for noncompliance. Members entitled to attend and vote may appoint another person as proxy, subject to limits (not applicable to companies without share capital; private company members limited to one proxy) and a general restriction that proxies may not speak and may vote only on a poll. Meeting notices for companies with share capital must state the proxy right; defaulting officers face penalties. A mandatory forty eight hour deposit rule governs lodgment timing for proxy instruments in public companies; officers who issue company funded invitations to appoint specified proxies may be penalised. Proxy instruments must be written and executed under authorised signature, and members may inspect lodged proxies on specified notice.