249B
In forceResolutions of 1 member companies
Volume 1Chapter 1, Part 1.1 to Chapter 2J, Part 2J.4 sections 1 to 260E
Chapter 2GMeetings
Part 2G.2Meetings of members of companies
Division 1Resolutions without meetings
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 Act 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).
This Act’s bill:Explanatory memorandumSecond reading speech
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