Corporations Act 2001

CHAPTER 2G - MEETINGS

PART 2G.1 - DIRECTORS ' MEETINGS

Note: Section 1228 applies instead of this Part in relation to a CCIV.

Division 1 - Resolutions and declarations without meetings

SECTION 248A CIRCULATING RESOLUTIONS OF COMPANIES WITH MORE THAN 1 DIRECTOR (REPLACEABLE RULE SEE SECTION 135)

248A(1) Resolutions.

The directors of a company may pass a resolution without a directors' meeting being held if all the directors entitled to vote on the resolution sign a document containing a statement that they are in favour of the resolution set out in the document.

248A(2) Copies.

Separate copies of a document may be used for signing by directors if the wording of the resolution and statement is identical in each copy.

248A(3) When the resolution is passed.

The resolution is passed when the last director signs.

Note: Passage of a resolution under this section must be recorded in the company's minute books (see section 251A).

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.