Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW- SECT 202C

Special rule for single director/single shareholder proprietary companies

 

A person who is the only director and the only shareholder of a proprietary
company is to be paid any remuneration for being a director that the company
determines by resolution. The company may also pay the director's travelling
and other expenses properly incurred by the director in connection with the
company's business.