Commonwealth Consolidated Acts

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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 287.10

Benefits to members that do not discriminate unfairly

    Member approval is not needed to give a financial benefit if:

  (a)   the benefit is given to the related party in the related party's capacity as a member of the corporation; and

  (b)   giving the benefit does not discriminate unfairly against the other members of the corporation.

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