(1) (a) No member of a registered society shall have more than one vote in the affairs of the society.
(b) Every question which may come before a meeting of a registered society or of the committee shall be decided by a majority of the members present and voting at the meeting and in every case of equality of votes, the question shall be deemed not to have been decided:
Provided that:-
(a) in the case of an equality of votes at an election, the choice shall be by casting lots;
(b) the society may by its by-laws restrict the right of a member to vote in any specified matter;
(c) where the Government or a financing bank is a member of the society, every person nominated to the committee of the society by the Government or the financing bank, as the case may be, shall have one vote;
(d) an associate member shall not be entitled to vote;
(e) save as otherwise provided in the by-laws, a member who is a minor or of unsound mind shall not be entitled to vote.
(2) A registered society which has invested any part of its funds in the shares of another registered society may appoint one of its members not disqualified for such appointment under the rules or the by-laws of such other society to vote in the affairs of such other society.
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(3) Save as provided in sub-section (1) or sub-section (2), no member of a registered society shall vote by proxy.