Section 202A — Corporations Act 2001 (Cth)

(1) The directors of a company are to be paid the remuneration that the company determines by resolution.

Note: Chapter 2E makes special provision for the payment of remuneration to the directors of public companies.

(2) The company may also pay the directors’ travelling and other expenses that they properly incur:

(a) in attending directors’ meetings or any meetings of committees of directors; and

(b) in attending any general meetings of the company; and

(c) in connection with the company’s business.

Related sections

• s 201S — Notice of resolution to be lodged
• s 201T — Declaration by court of substantial compliance
• s 201U — Consequences of setting board limit in breach of section 201P
• s 202B — Members may obtain information about directors’ remuneration
• s 202C — Special rule for single director/single shareholder proprietary companies
• s 203A — Director may resign by giving written notice to company (replaceable rule—see section 135)

Research how courts apply s 202A

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.