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 2J - TRANSACTIONS AFFECTING SHARE CAPITAL
History
Chapter 2J inserted by No 61 of 1998, Sch 1 (effective
1 July 1998).
PART 2J.4 - INTERACTION WITH GENERAL DIRECTORS' DUTIES
History
Part 2J.4 inserted by No 61 of 1998, Sch 1 (effective
1 July 1998).
SECTION 260E
GENERAL DUTIES STILL APPLY
260E
A director is not relieved from any of their duties under this Law (including sections
180,
181,
182,
183 and
184), or their fiduciary duties, in connection with a transaction merely because the transaction is authorised by a provision of this Chapter or is approved by a resolution of members under a provision of this Chapter.
History
S 260E amended by No 156 of 1999, Sch 3, Pt 3 (effective 13 March 2000).
S 260E inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
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