246E
In forceVariation, cancellation or modification with unanimous support of class
Volume 1Chapter 1, Part 1.1 to Chapter 2J, Part 2J.4 sections 1 to 260E
Chapter 2FMembers’ rights and remedies
Part 2F.2Class rights
246E Variation, cancellation or modification with unanimous support of class
If the members in a class all agree (whether by resolution or written consent) to the variation, cancellation or modification, it takes effect:
(a)
if no later date is specified in the resolution or consent—on the date of the resolution or consent; or
(b)
on a later date specified in the resolution or consent.
This Act’s bill:Explanatory memorandumSecond reading speech
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