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CORPORATIONS ACT 2001 - SECT 185 Interaction of sections 180 to 184 with other laws etc.

CORPORATIONS ACT 2001 - SECT 185

Interaction of sections 180 to 184 with other laws etc.

    Sections   180 to 184:

  (a)   have effect in addition to, and not in derogation of, any rule of law relating to the duty or liability of a person because of their office or employment in relation to a corporation; and

  (b)   do not prevent the commencement of civil proceedings for a breach of a duty or in respect of a liability referred to in paragraph   (a).

This section does not apply to subsections   180(2) and (3) to the extent to which they operate on the duties at common law and in equity that are equivalent to the requirements of subsection   180(1).