THE CORPORATIONS LAW

CHAPTER 2J - TRANSACTIONS AFFECTING SHARE CAPITAL

PART 2J.4 - INTERACTION WITH GENERAL DIRECTORS' DUTIES

SECTION 260E   GENERAL DUTIES STILL APPLY  

260E     A director is not relieved from any of their duties under this Law (including sections 180, 181, 182, 183 and 184), or their fiduciary duties, in connection with a transaction merely because the transaction is authorised by a provision of this Chapter or is approved by a resolution of members under a provision of this Chapter.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.