Section 210 — Corporations Act 2001 (Cth)

Arm’s length terms

Member approval is not needed to give a financial benefit on terms that:

(a) would be reasonable in the circumstances if the public company or entity and the related party were dealing at arm’s length; or

(b) are less favourable to the related party than the terms referred to in paragraph (a).

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 207 — Purpose
s 208 — Need for member approval for financial benefit
s 209 — Consequences of breach
s 211 — Remuneration and reimbursement for officer or employee
s 212 — Indemnities, exemptions, insurance premiums and payment for legal costs for officers
s 213 — Small amounts given to related entity

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