Corporations Act 2001
CHAPTER 2E
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RELATED PARTY TRANSACTIONS
PART 2E.3
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INTERACTION WITH OTHER RULES
SECTION 230
230
GENERAL DUTIES STILL APPLY
A director is not relieved from any of their duties under this Act (including sections 180 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.
Note: This Chapter applies to a CCIV with modifications: see Division 5 of Part 8B.3 .
View history note
Hide history noteA director is not relieved from any of their duties under this Act (including sections 180 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.
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