CORPORATIONS ACT 2001 - SECT 215 Benefits to members that do not discriminate unfairly

CORPORATIONS ACT 2001 - SECT 215

    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.