Statute
Section 230 — Corporations Act 2001: General duties still apply
Text of the provision Official document
A director is not relieved from any of their duties under this Act (including sections 180 and 184), or their fiduciary duties, in connection with a transaction merely because the transaction is authorised by a provision of this Chapter or is approved by a resolution of members under a provision of this Chapter.
Official source: Federal Register of Legislation
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