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CORPORATIONS ACT 2001 - SECT 246E Variation, cancellation or modification with unanimous support of class

CORPORATIONS ACT 2001 - SECT 246E

Variation, cancellation or modification with unanimous support of class

    If the members in a class all agree (whether by resolution or written consent) to the variation, cancellation or modification, it takes effect:

  (a)   if no later date is specified in the resolution or consent--on the date of the resolution or consent; or

  (b)   on a later date specified in the resolution or consent.