Corporations Act 2001
CHAPTER 2D
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OFFICERS AND EMPLOYEES
PART 2D.3
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APPOINTMENT, REMUNERATION AND CESSATION OF APPOINTMENT OF DIRECTORS
Division 2
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Remuneration of directors
SECTION 202A
REMUNERATION OF DIRECTORS
(REPLACEABLE RULE
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SEE SECTION 135)
202A(1)
[
Remuneration by resolution]
(a) in attending directors' meetings or any meetings of committees of directors; and
(b) in attending any general meetings of the company; and
(c) in connection with the company's business.
The directors of a company are to be paid the remuneration that the company determines by resolution.
Note: Chapter 2E makes special provision for the payment of remuneration to the directors of public companies.
202A(2) [ Expenses]The company may also pay the directors' travelling and other expenses that they properly incur:
(a) in attending directors' meetings or any meetings of committees of directors; and
(b) in attending any general meetings of the company; and
(c) in connection with the company's business.
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