Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW- SECT 249B

Resolutions of 1 member companies

 
 
(1)
A company that has only 1 member may pass a
resolution by the member recording it and signing the record.


(2)
If this Law requires information or a document relating to the
resolution to be lodged with ASIC, that requirement is satisfied by lodging
the information or document with the resolution that is passed. 
 
 
 Note 1: A body corporate representative may
sign such a resolution (see section 250D).


Note 2: Passage of a resolution under this section must be recorded in the
company's minute books (see section 251A).