Subdiv B inserted by No 42 of 2011, s 3, Sch 1, Pt 2 (effective 1 July 2011).
201Q REQUIREMENTS FOR EXPLANATORY STATEMENT TO MEMBERS
(a) the directors' reasons for proposing the board limit resolution; and
(b) all other information that:
(i) is reasonably required by members in order to decide whether or not it is in the company's interests to pass the proposed board limit resolution; and
(ii) is known to the company or to any of its directors.
Note: Section 1309 creates offences where false and misleading material relating to a corporation's affairs is made available or furnished to members.
S 201Q inserted by No 42 of 2011, s 3, Sch 1, Pt 2 (effective 1 July 2011).