Treasury Laws Amendment (2021 Measures No. 1) Act 2021 (82 of 2021)

Schedule 1   Virtual meetings and electronic communication of documents

Part 1   Main amendments

Corporations Act 2001

33   Subsection 1322(3A)

Repeal the subsection, substitute:

(3A) If:

(a) a meeting of members is held at 2 or more locations, or virtual meeting technology is used in holding the meeting; and

(b) a member does not have a reasonable opportunity to participate in the meeting or a proceeding at the meeting;

the meeting or proceeding will only be invalid on that ground if:

(c) the Court is of the opinion that:

(i) a substantial injustice has been caused or may be caused; and

(ii) the injustice cannot be remedied by any order of the Court; and

(d) the Court declares the meeting or proceeding invalid.