Section 199C — Corporations Act 2001 (Cth)

Certain indemnities, exemptions, payments and agreements not authorised and certain documents void

(1) Sections 199A and 199B do not authorise anything that would otherwise be unlawful.

(2) Anything that purports to indemnify or insure a person against a liability, or exempt them from a liability, is void to the extent that it contravenes section 199A or 199B.

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 198G — Exercise of powers while company under external administration
s 199A — Indemnification and exemption of officer or auditor
s 199B — Insurance premiums for certain liabilities of director, secretary, other officer or auditor
s 200 — Interpreting this Division
s 200AA — Meaning of managerial or executive office
s 200AB — Meaning of benefit

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