A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

CORPORATIONS ACT 2001

CHAPTER 2E - RELATED PARTY TRANSACTIONS  

PART 2E.1 - MEMBER APPROVAL NEEDED FOR RELATED PARTY BENEFIT  

Division 2 - Exceptions to the requirement for member approval  

SECTION 210  

210  ARM'S LENGTH TERMS  

Member approval is not needed to give a financial benefit on terms that:


(a) would be reasonable in the circumstances if the public company or entity and the related party were dealing at arm's length; or


(b) are less favourable to the related party than the terms referred to in paragraph (a).

 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page