Corporations Act 2001
CHAPTER 2J
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TRANSACTIONS AFFECTING SHARE CAPITAL
PART 2J.4
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INTERACTION WITH GENERAL DIRECTORS' DUTIES
SECTION 260E
260E
GENERAL DUTIES STILL APPLY
A director is not relieved from any of their duties under this Act (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.
Note: This Chapter is modified for CCIVs: see Division 2 of Part 8B.4 .
View history note
Hide history noteA director is not relieved from any of their duties under this Act (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.
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