Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 6 - OFFICERS  

PART 6-6 - MEMBER APPROVAL NEEDED FOR RELATED PARTY BENEFIT  

Division 296 - Interaction with other rules  

SECTION 296-1  

296-1   GENERAL DUTIES STILL APPLY  
A director is not relieved from any of his or her duties under this Act (including sections 265-1 and 265-25 ), or his or her fiduciary duties, in connection with a transaction merely because the transaction is authorised by a provision of this Part or is approved by a resolution of members under a provision of this Part.


 

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