THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW

THE CORPORATIONS LAW   82 

The Corporations Law is as follows:...

CHAPTER 2D - OFFICERS AND EMPLOYEES

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History

Chapter 2D substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).

PART 2D.3 - APPOINTMENT, REMUNERATION AND CESSATION OF APPOINTMENT OF DIRECTORS

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History

Part 2D.3 substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).

Division 2 - Remuneration of directors

SECTION 202A   REMUNERATION OF DIRECTORS (replaceable rule - see section 135)  

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202A(1)  (Remuneration by resolution)  

The directors of a company are to be paid the remuneration that the company determines by resolution.

Note:

Chapter 2E makes special provision for the payment of remuneration to the directors of public companies.

202A(2)  (Expenses)  

The company may also pay the directors' travelling and other expenses that they properly incur:

(a)  in attending directors' meetings or any meetings of committees of directors; and

(b)  in attending any general meetings of the company; and

(c)  in connection with the company's business.

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History

S 202A inserted by No 156 of 1999, Sch 1 (effective 13 March 2000).

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