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THE CORPORATIONS LAW

CHAPTER 2G - MEETINGS

PART 2G.1 - DIRECTORS' MEETINGS

Division 2 - Directors' meetings

SECTION 248E   CHAIRING DIRECTORS' MEETINGS (replaceable rule - see section 135)  

248E(1)  [Election of chair]  

The directors may elect a director to chair their meetings. The directors may determine the period for which the director is to be the chair.

248E(2)  [Requirement to elect]  

The directors must elect a director present to chair a meeting, or part of it, if:

(a)  a director has not already been elected to chair the meeting; or

(b)  a previously elected chair is not available or declines to act, for the meeting or the part of the meeting.