Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 239

239. If a company is served with a notice sent by or on behalf of:

   (a)  at least 10% of the total number of members; or

   (b)  members who together hold not less than 5% in nominal value of the
        company's issued share capital; requiring the emoluments and other
        benefits received by the directors of the company or of a subsidiary
        to be disclosed, the company shall:

   (c)  as soon as practicable prepare and cause to be audited a statement
        showing the total amount of emoluments and other benefits paid to or
        received by each of the directors of the company and each director of
        a subsidiary, including any amount paid by way of salary, for the
        financial year that ended immediately before the service of the
        notice;

   (d)  as soon as practicable after the statement has been audited, send a
        copy of the statement to each person entitled to receive notice of
        general meetings of the company; and

   (e)  lay the statement before the next general meeting of the company held
        after the statement is audited.