Unit holder voting rights establish approval thresholds, conflict exclusions, meeting safeguards, and exit protections for material InvIT changes.

Unit holder approvals are calculated from total votes cast by holders present and voting, including electronic and postal voters, with related parties and associates excluded on the relevant transaction. InvITs must hold annual meetings within the prescribed period and offer video or audio-visual participation and remote electronic voting. Ordinary specified matters require more than half the votes cast, while changes to the investment manager, strategy, fees, delisting, employee benefit schemes, specified borrowings, substantial unit acquisitions, and sponsor changes are subject to enhanced approval thresholds and, in designated cases, exit options for dissenting unit holders.

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