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StatuteCorporations Act 2001

Section 200AB — Corporations Act 2001: Meaning of benefit

Text of the provision Official document

(1) For the purposes of this Division, a benefit includes any of the following: (a) a payment or other valuable consideration; (b) any kind of real or personal property; (c) any legal or equitable estate or interest in real or personal property; (d) any legal or equitable right; (e) a thing specified in regulations made for the purposes of this paragraph. Note: For specification by class, see subsection 13(3) of the Legislation Act 2003. (2) However, for the purposes of this Division, a benefit does not include a thing specified in regulations made for the purposes of this subsection. Note: For specification by class, see subsection 13(3) of the Legislation Act 2003.

Official source: Federal Register of Legislation

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