Section 215 — Corporations Act 2001 (Cth)

Benefits to members that do not discriminate unfairly

Member approval is not needed to give a financial benefit if:

(a) the benefit is given to the related party in their capacity as a member of the public company; and

(b) giving the benefit does not discriminate unfairly against the other members of the public company.

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 212 — Indemnities, exemptions, insurance premiums and payment for legal costs for officers
s 213 — Small amounts given to related entity
s 214 — Benefit to or by closely‑held subsidiary
s 216 — Court order
s 217 — Resolution may specify matters by class or kind
s 218 — Company must lodge material that will be put to members with ASIC

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