Director discretion made permissive: forwarding obligation changed from mandatory to optional affecting directors' procedural duties. The amendment converts a previously mandatory forwarding obligation in the proviso to subsection (1) of section 168 into a discretionary power: where a ... Summary
Director discretion made permissive: forwarding obligation changed from mandatory to optional affecting directors' procedural duties.
The amendment converts a previously mandatory forwarding obligation in the proviso to subsection (1) of section 168 into a discretionary power: where a director was formerly required to forward specified material, the director is now permitted to forward it, replacing an enforceable duty with permissive authority and thereby changing compliance expectations.
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