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 classIf 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.