G'day Brucie. As I understand it's just that these takeover provisions (which were already in place) were due to expire, as they only run for 3 years (I think it's 3). So it's really just procedural - and was very comfortably voted in by the look of it (further suggesting it's just procedure I'd say)...
Page 11 of the notice below
https://hotcopper.com.au/threads/ann-notice-of-2022-agm-and-proxy-form.7034458/
Ann: Results of 2022 Annual General Meeting, page-4
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