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Section 254WA - Corporations Act 2001 - Application of this Part to MCI mutual entities — Zoe

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Corporations Act 2001

254WAApplication of this Part to MCI mutual entities

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#### 254WA Application of this Part to MCI mutual entities (1) Section 254SA does not prevent an MCI mutual entity that is a company limited by guarantee paying a dividend in respect of an MCI. (2) Without limiting section 254T, an MCI mutual entity must not pay a dividend unless the payment of the dividend is fair and reasonable to the entity’s members as a whole.

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