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of <h1>Company Board Contributions to National Defence Fund Exempt from Clause (e) of Section 293(1) Limit.</h1> The Department has determined that contributions made by a company's board of directors to the National Defence Fund should not be included when calculating the limit set by clause (e) of section 293(1) of the Companies Law. This decision clarifies that such contributions are exempt from the prescribed limit, allowing boards to make these contributions without affecting their ability to contribute to other areas within the specified limits.
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