Section 246E — Corporations Act 2001 (Cth)

Variation, cancellation or modification with unanimous support of class

If the members in a class all agree (whether by resolution or written consent) to the variation, cancellation or modification, it takes effect:

(a) if no later date is specified in the resolution or consent—on the date of the resolution or consent; or

(b) on a later date specified in the resolution or consent.

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 246B — Varying and cancelling class rights
s 246C — Certain actions taken to vary rights etc.
s 246D — Variation, cancellation or modification without unanimous support of class
s 246F — Company must lodge documents and resolutions with ASIC
s 246G — Member’s copies of documents and resolutions
s 246H — Application of this Part to MCI mutual entities that are companies limited by guarantee

Research how courts apply s 246E

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

Try BriefBridge free