Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 215

Benefits to members that do not discriminate unfairly

                   Member approval is not needed to give a financial benefit if:

                     (a)  the benefit is given to the related party in their capacity as a member of the public company; and

                     (b)  giving the benefit does not discriminate unfairly against the other members of the public company.


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