Commonwealth Consolidated Acts

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COMMONWEALTH SERUM LABORATORIES ACT 1961 - SECT 19D

Inconsistent alteration to CSL's articles of association to have no effect

  (1)   A special resolution of CSL that would, apart from this subsection, have the effect of altering CSL's articles of association so that the articles would not comply with section   19C has no effect.

  (2)   A special resolution or resolution of CSL that, apart from this subsection:

  (a)   would, if acted on, result in a contravention of the mandatory articles; or

  (b)   would ratify an act or omission that contravenes the mandatory articles;

has no effect.

  (3)   In this section:

"resolution" has the same meaning as in section   9 of the Corporations Act 2001 .

"special resolution" has the same meaning as in section   9 of the Corporations Act 2001 .



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