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Theodore Is a Director of Big Bike Pty Ltd

Question 12

True/False

Theodore is a director of Big Bike Pty Ltd. Theodore has a material personal interest in a large contract which Big Bike Ltd is planning to enter. In order to satisfy his obligations under section 191 of the Corporations Act, Theodore needs to disclose the nature and extent of his interest in the contract to Big Bike Pty Ltd's shareholders.

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