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StatuteCorporations Act 2001

Section 601LB — Corporations Act 2001: Replacement section 207

Text of the provision Official document

Chapter 2E applies as if section 207 were replaced by the following section: 207 Purpose The rules in this Chapter, as they apply to a registered scheme, are designed to protect the interests of the scheme’s members as a whole, by requiring member approval for giving financial benefits to the responsible entity or its related parties that come out of scheme property or that could endanger those interests.

Official source: Federal Register of Legislation

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