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High Court rules that Group CEO was an ‘officer’ of subsidiary

On 11 March 2020, the High Court changed the perception that had previously been accepted that an officer of a corporation was a person who held an office in a corporation in the ordinary sense of that word, and who participated in the management of that company by implying that rationale to the definition of officer in the Corporations Act 2001 (Cth) (Act).

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