RAMcap mentioned section 249 initiative:
CORPORATIONS ACT 2001 - SECT 249D
Calling of general meeting by directors when requested by membersmce-anchor
(1) The directors of a company must call and arrange to hold a general meeting on the request of members with at least 5% of the votes that may be cast at the general meeting.
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(2) The request must:
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(a) be in writing; and
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(b) state any resolution to be proposed at the meeting; and
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(c) be signed by the members making the request; and
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(d) be given to the company.
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(3) Separate copies of a document setting out the request may be used for signing by members if the wording of the request is identical in each copy.
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(4) The percentage of votes that members have is to be worked out as at the midnight before the request is given to the company.
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(5) The directors must call the meeting within 21 days after the request is given to the company. The meeting is to be held not later than 2 months after the request is given to the company.
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